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CAS accounting and the next generation of accountants

Accounting Today

Whether through the Mastery Minute exercises, where students work through actual problems accountants face, or through refining their communication skills to clearly express financial concepts in a way that makes sense to nonaccountants, this program broadens the students horizons.

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Are you really providing advisory services?

ThomsonReuters

As technology continues to automate an increasing number of tax preparation and compliance tasks, more and more accounting firms are looking at shifting their focus to offering clients more personalized financial insights and strategic guidance.

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Top 6 Benefits of Outsourcing Accounting Services for Your Business in 2025

Analytix Finance & Accounting

Simply put, outsourcing accounting services allows business owners to access higher-quality accounting services at a lower overall cost, which creates immediate savings that can be redirected toward growth initiatives or other business priorities.

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Monday Morning Accounting News Brief: PwC Consolation Prizes; Al Pacino’s Accountant Ripped Him Off | 10.21.24

Going Concern

Financial reporting data has become extremely structured and repeatable across all enterprises because it’s guided by the standards set out through generally accepted accounting principles (GAAP), which are governed by the Financial Accounting Standards Board (FASB). Everybody measures the same things, in the same way.

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GASB gives guidance on pronouncements

Accounting Today

EDT 1 Min Read Facebook Twitter LinkedIn Email The Governmental Accounting Standards Board issued questions and answers to help explain certain pronouncements to stakeholders.

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The next frontier in accounting: Autonomous AI agents

Accounting Today

To avoid these worst-case scenarios, its essential to build AI agents on domain-specific large language models grounded firmly in accounting standards, regulations and best practices, making it especially important to choose vendors with extensive, broad accounting expertise.

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My Teaching Method

Withum

Then, there are the ground rules that these statements follow, called GAAP (generally accepted accounting principles), and a report of an independent accounting firm to provide assurance that the statements are pretty much “OK” under the GAAP rules.