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The Technology Lab Podcast – Review of Audit Sight – Sept. 2023

CPA Practice

Technologists Randy Johnston and Brian Tankersley, CPA, discuss Audit Sight , a technology platform that eliminates manual work for auditors, diligence and private equity providers by automating financial transaction verification. My co host and I are so pleased to be with you today as we discuss a new audit platform called Audit Site.

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The Technology Lab Podcast – Review of Audit Technology Trends – July 2023

CPA Practice

Technologists Randy Johnston and Brian Tankersley, CPA, discuss technology trends for audits. Now, Brian claims that he is a recovering auditor, I don’t think you ever get audit blood out of yourself at least listening to him, that’s for sure. So I want you to know here that the world of audit is changing rapidly.

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Best Practices for Nonprofits

Withum

Frequently, while cash transactions are usually recorded timely, account balances are not analyzed, reconciliations are delayed, work papers that provide the details of account balances are not readily available, audit adjustments are not entered properly, or improper account classifications are not corrected.

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Accountants Behaving Badly: Police Department Accountant Couldn’t Be Bothered, PPP Loan Fraud, and a Creepy Tax Preparer

Going Concern

According to allegations in the indictment, from January 2019 to June 2022, Urban was employed as a senior staff accountant for a Charlotte-based company. He also failed to pay over $1 million in outstanding tax debts he and his accounting firm, Carter’s Tax Advisory, owed.

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Accounting Technologies: The 2023 Annual Guide

Ryan Lazanis

For kicks, here’s the oldest Xero screenshot that can be found on record (from 2007): Here are some tips to leveraging cloud computing in accounting: Tip 1: Become Cloud Accounting Certified Master the popular cloud accounting systems , like Xero or QuickBooks Online, by becoming certified on their platforms.

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The Technology Lab Podcast – Rapid Close Tools – Sept. 2023

CPA Practice

And for audit people, I think we could agree that the technology available in Management Accounting has made a big step up as well. So if we’re thinking about this, these tools do things like they’ll match up the transactions between the bank statement and general ledger and show you the exception.

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Friday Footnotes: An Outsourcing Shortage Now Too?; Finally, Some Disruption; PwC Haters Celebrate Government Inquiry | 3.17.23

Going Concern

Johnson continues, “If accounting firms want to venture deeper into the world of financial planning or wealth management, I suspect they would not be able to find enough CPAs with the necessary skill set to easily step into the role. creating general ledgers, organizing financial statements, and handling pricing and invoicing.