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How Technology Will Optimize – Not Replace – The Role of Accountants

CPA Practice

The adoption of a new product or technology tends to follow a familiar cycle. Before we reach the final stage where the technology is widely adopted, we pass through a period of uncertainty, where we wonder if this technology will be too helpful — to the point of being a threat to job security. By Irana Wasti.

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Seven Business and Technology Predictions for the Tax & Accountancy Industry for 2023

Accounting Insight

Whether you’re a practice or a technology vendor in the tax and accounting industry, investments in people and technology are going to feature prominently in 2023. Here are eight predictions that we’re likely to see unfolding in the tax and accounting business and technology landscape for 2023.

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Revolutionize your talent strategy with automation

ThomsonReuters

Today’s accounting firm leaders are constantly grappling with two pivotal challenges: attracting top-tier talent and holding on to the people they have. This is where technology, particularly tax automation, plays a pivotal role. The role of tax automation Automation is a strategic asset in recruitment and retention.

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In ongoing accounting crunch, where to go for sales tax help?

TaxConnex

Your sales tax obligations depend on knowledge and that knowledge often resides in a professional tax specialist (usually an accountant) who helps your company meet its sales tax obligations. This is a complicated time for sales tax obligations – and a terrible time to try to hire an accountant.

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Changes in 2024 CPA Exam Put Technology Front and Center

CPA Practice

The Uniform Certified Public Accountant Examination (CPA Exam) is regularly updated to reflect enhancements to accounting and auditing standards as well as tax laws and regulations — and to improve the efficiency of the exam. understanding technology options and associated risks).

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The Technology Lab Podcast – The Technology Accounting Firms Use – August 2023

CPA Practice

Technologists Randy Johnston and Brian Tankersley, CPA, discuss the 2023 Accounting Firm Operations and Technology Survey (AFOT). Welcome to Technology Lab. Today we’d like to talk to you about the accounting firm Operations and Technology Survey. Use the podcast player below to listen.

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How do different accounting firms use AI?

ThomsonReuters

Jump to: How many accounting firms use AI? How do smaller accounting firms use AI? In today’s fast-paced business world, ignoring technology is not an option, and the field of accounting is no exception. How many accounting firms use AI? How do the Big 4 use artificial intelligence? For now, not many.