MineralTree

NOVEMBER 2, 2023

Accounts payable is a foundational function that ensures organizations maintain accurate invoices, payments, and vendor relationships, while making bill payments on time. However, amidst today’s rapid and intricate business transactions, particularly in high volumes, managing accounts payable processes can pose significant challenges.

accounts payable 81

accounts payable audit AP Automation auditor 81

CPA Practice

FEBRUARY 23, 2024

Amid technological advancements, the audit professional’s role, characterized by a deep attention to detail, compliance and risk management, is proving to be vital well outside the traditional confines of finance. Audit professionals, who are experts in maintaining regulatory guardrails, stand as the custodians of ethical AI.

audit 114

audit auditor accounting and finance Technology 114

Going Concern

FEBRUARY 8, 2023

As CEO of a staffing firm that connects companies with professionals in Mexico, every day I speak with accounting firms, CFOs and other executives looking to hire accountants and other financial professionals in the U.S. As of the second quarter of 2022, there were more than 466,000 accountants and auditors in Mexico while the U.S.,

accounting and finance 104

accounting and finance accounting firms Finance Account 104

TaxConnex

APRIL 28, 2022

Usually, you learn about an audit through a notice or letter from the state or jurisdiction in question with instructions on how the audit will proceed. Many audits are conducted remotely, and an auditor never visits your office. Fear and perception of audits are as tangible as the real examinations. Fear and loathing.

audit 174

audit auditor general ledger Minnesota 174

Going Concern

MAY 16, 2024

Struggling to find remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? With our Always-On Recruiting service, access a pool of skilled remote accountants without any upfront costs. Accountingfly can help! Sign up now to see the complete candidate list and connect with potential hires.

Real Estate 59

Real Estate Account accountant accounted 59

CPA Practice

JULY 27, 2023

In a recent survey by financial app developer Capterra , 60% of respondents now seek advice from personal finance apps before reaching out to financial professionals. Millennials and Gen Z account for over half (55%) of fintech app adopters. A whopping 89% of fintech users say they’ve encountered challenges while using apps.

Finance 52

Finance Account accountant accounted 52

inDinero Accounting

MARCH 23, 2023

Introduction In today’s competitive private equity (PE) landscape, portfolio companies (portcos) frequently confront significant obstacles in managing their finance and accounting functions. High Operational Costs Managing finance and accounting functions can be costly, especially for smaller portcos.

Finance 52

Finance Account accountant accounted 52

inDinero Accounting

MARCH 23, 2023

Introduction In today’s competitive private equity (PE) landscape, portfolio companies (portcos) frequently confront significant obstacles in managing their finance and accounting functions. High Operational Costs Managing finance and accounting functions can be costly, especially for smaller portcos.

Finance 52

Finance Account accountant accounted 52

Accounting Today

FEBRUARY 29, 2024

Microsoft is making its Copilot for Finance generative AI solution available for public testing.

Finance 74

Finance audit Technology 74

Going Concern

NOVEMBER 16, 2023

The Financial Education & Research Foundation (FERF) has released the findings of its 14th Annual Public Company Audit Fee Study , sponsored by Center for Audit Quality. The report is based on responses from 54 financial executives at public companies and an additional survey of 116 audit engagement partners.

audit 119

audit auditor accounting and finance Education 119

Accounting Insight

SEPTEMBER 14, 2023

Finance departments regularly handle a significant amount of sensitive data. AI is becoming essential to corporate decision-making, and the finance department is no different. But as the technology continues to evolve, it is vital that finance leaders guide teams on the proper use of AI, to safely take advantage of its benefits.

Finance 59

Finance Technology accounting and finance audit 59

Going Concern

JULY 25, 2022

Some headlines to get you started on this fine Monday: KPMG partner banned from accounting after misleading regulator over Carillion. million after the firm admitted to providing false and misleading information to its regulator during spot checks on audits of construction firm Carillion and outsourcing firm Regenersis. KPMG fined £14.4

audit 111

audit Account accountant accounted 111

TaxConnex

FEBRUARY 3, 2022

So has the sales tax audit. Examiners can still show up and go over your books in person, and tax agencies will still send audit notices via snail mail. Many events can ignite a sales tax audit. But have sales tax audits changed over the last few years, through the pandemic and the introduction of economic nexus in 2018?

audit 172

audit Sales Tax auditor 172

Airbase

JANUARY 31, 2023

Kelly Hicks and Robin Sharma share advice after Airbase successfully completes its first external audit. Few milestones in a company’s lifecycle demand a more focused response from finance and accounting than the first external audit. When is the right time for a company’s first audit?

audit 130

audit auditor Spend Management Platform accounting and finance 130

Shay CPA

MAY 25, 2023

That gets even harder when you’re hiring for finance functions. You’re probably not an expert accountant and you most likely don’t have extensive expertise in financial reporting or compliance. Still, though, your finance department plays an ultra-critical role in your startup’s stability and ability to scale. The good news?

Finance 52

Finance bookkeeping accounting and finance CPA 52

TaxConnex

DECEMBER 23, 2021

If you and your company haven’t been hit with a sales tax audit yet, congrats. In TaxConnex’s recent market survey more than one in four (26.7%) top finance professionals in a variety of industries report seeing an increase in state sales tax audits in the past two years. Sales Tax Audit Triggers.

audit 167

audit Sales Tax auditor 167

Accounting Insight

JANUARY 18, 2023

Finance leaders, who once found themselves simply forecasting, budgeting, and reporting, are now responsible for defining a strategy for a company and seeking productivity improvements that increase growth potential. Old technology like Microsoft Excel simply cannot deliver what finance needs. And that is a good thing.

Technology 52

Technology Finance accounting and finance audit 52

Going Concern

NOVEMBER 14, 2023

Last month we took a look at the 2024 Robert Half Salary Guide to get an idea what public accounting salaries should be in the range of next year, today it’s a similar report from Addison Group and their 2024 Workforce Planning Guide. The guide covers several industries, we are of course only here for accounting. Say what now?

accountant salary 110

accountant salary Account accountant accounted 110

Going Concern

APRIL 15, 2024

In response, the Public Company Accounting Oversight Board has drafted a rule that the accounting firms can have public trust or private financials—but they can’t have both. Public accounting firms operate in a unique space in our society. Regulations need to change to match. But what about the books of the auditor?

audit 64

audit Account accountant accounted 64

Going Concern

OCTOBER 3, 2023

Staffing authority Robert Half has released its much-anticipated 2024 Salary Guide and just like years past, the guide is packed with intel not only on finance and accounting but the greater job market that we really don’t care about.

public accounting 134

public accounting accountant salary Account accountant 134

Going Concern

MAY 13, 2024

AT&T is coming for your recruits : AT&T Woos Accounting Students, Bypasses Big Four Training Ground AT&T Inc.’s ’s top accountant is confronting a competitive job market by rethinking the company’s traditional reliance on large CPA firms as a training ground for new hires, taking her recruiting pitch on-campus instead.

Oregon 96

Oregon Account accountant accounted 96

Going Concern

SEPTEMBER 22, 2023

Miller was appointed vice president for finance in April 2020 and also serves as the university treasurer. Under his leadership, the Division of Finance has enhanced university business practices and transformed several financial and business information systems to improve customer service for faculty, staff, and students.

audit 109

audit accounting and finance Virginia auditor 109

Withum

JANUARY 25, 2024

Why a Forensic Accountant? Using a forensic account is essential in developing a strategy to handle and defend the findings of a cash-based audit. However, before delving into how they can assist counsel and the client, it’s essential to define what a forensic accountant is.

forensic accounting 78

forensic accounting audit Account accountant 78

Airbase

NOVEMBER 2, 2023

Virtual cards are a game-changer for accounts payable departments. In addition to greater control, security, and flexibility, virtual card payments can save finance teams hours of tedious work. David Coffman, VP Finance at Doximity, says Airbase virtual cards play an integral role in cutting the company’s time-to-close in half.

accounts payable 130

accounts payable Account accountant accounted 130

Going Concern

DECEMBER 12, 2022

“I don’t care how messy your accounting is … you’re definitely going to notice if you find an extra $8B to spend,” tweeted Coinbase Chief Executive Brian Armstrong about FTX. “​​Even the most gullible person should not believe Sam’s claim that this was an accounting error.” Lastly, “finance or accounting?”

Arkansas 52

Arkansas Finance Account accountant 52

Going Concern

JULY 7, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Accounting is the language of business: If you understand this language, you can work creatively across the world of finance.

audit 105

audit Account accountant accounted 105

Accounting Insight

SEPTEMBER 21, 2022

An effective audit demands a skill set that is diverse and a dedication of significant time and resources. Traditionally, this would be undertaken internally within the firm, but it is now very common for businesses to outsource this to external firms with specific audit skills for higher quality results. What Makes Remote Audit Work?

audit 59

audit auditor accounting and finance accounting firms 59

MyIRSRelief

APRIL 3, 2023

Amidst all these demands, managing finances can easily become overwhelming, especially for those who lack a strong financial background. That’s where an accountant (EA or CPA) can help. They can also help prepare tax returns, file necessary forms, and represent the business in the event of an audit.

Account 130

Account accountant accounted accounting and finance 130

Going Concern

FEBRUARY 28, 2024

Across the pond, EY is earning headlines for its abandoning the Wokingham Borough Council, a government locale in the southeast of England with a population of 177,500, after barely completing an audit for 2020/21. But after long delays, EY announced in February that it will leave two years’ audit reports incomplete.

audit 59

audit accounting and finance Government accounting firms 59

ThomsonReuters

JANUARY 3, 2022

Supply-chain finance is nothing new; it’s been?around Greensill Capital collapsed in early 2021 when it lost financing after its shady practices came to light. Understanding the supply-chain finance process. In general, the financing arrangement is one where: . And lenders get their financing fees.

Finance 98

Finance accounting and finance auditor accounting standards 98

CPA Practice

OCTOBER 3, 2023

in 2024, while audit and assurance services will see starting salaries likely go up an average of 3.8% next year, according to a CPA Practice Advisor analysis of public accounting pay data provided by specialized staffing firm Robert Half. Audit and assurance services Senior manager/managing director: 4% Manager: 9.4%

public accounting 121

public accounting Account accountant accounted 121

Withum

DECEMBER 12, 2023

Now, regulations, investors and other stakeholders want companies to prove their ESG and climate information is accurate and reliable through audits and assurance. This experience puts them at the top of most companies’ list when considering a firm to perform the third-party audit of their ESG and climate reporting.

audit 59

audit cpas Account accountant 59

MyIRSRelief

OCTOBER 2, 2023

One of the most important things to consider is accounting and bookkeeping. If you’re new to business, you may be wondering why accounting and bookkeeping are so important. You don’t have a lot of money to spend on accounting and tax services. Here are just a few of the reasons why: To track your finances.

tax services 130

tax services bookkeeping bookkeeping services Tax 130

Going Concern

NOVEMBER 14, 2023

The PCAOB today announced settled disciplinary orders sanctioning Greece-based PricewaterhouseCoopers Auditing Company SA (PwC Greece) and its partner Nicos George Komodromos for violations of PCAOB rules and standards in connection with the audit of the 2016 financial statements of Aegean Marine Petroleum Network Inc.

audit 118

audit financial statements auditor accounting and finance 118

Accounting Today

JANUARY 19, 2024

If CFOs, controllers and other finance leaders implement a handful of straightforward best practices before, during and after an audit, they can maximize efficiency and insight for everyone involved.

audit 57

audit Finance 57

CPA Practice

APRIL 25, 2024

Hosts Randy Johnston and Brian Tankersley, CPA, look at AssurancePrep , a practice management resource system for audit firms. Tankersley, CPA.CITP, CGMA 00:00 Welcome to the accounting Technology Lab sponsored by CPA practice advisor, with your hosts, Randy Johnston, and Brian Tankersley. Randy, what kinds of audit?

Technology 111

Technology audit Account accountant 111

Going Concern

JULY 11, 2022

KPMG’s global leadership has been accused by staff of failing to act on written complaints about the conduct of the chief executive of the accounting firm’s business in the United Arab Emirates, writes Financial Times. The UK watchdog last month issued a £5m fine for failures in its audit of the construction firms Galliford Try and Kier.

audit 105

audit Account accountant accounted 105