CPA Practice

APRIL 9, 2024

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.

Technology 119

Technology Account accountant accounted 119

CPA Practice

FEBRUARY 6, 2024

Investing in technology is a key priority for accounting firms as they move into 2024, while m itigating the ongoing talent shortage and keeping pace with new laws continue to cause challenges for many within the profession. Caseware explores worldwide perspectives within the accounting and audit professions annually.

accounting firms 64

accounting firms Technology Account accountant 64

Accounting Insight

FEBRUARY 6, 2024

Audit firms struggling to build teams with diverse skill sets that can deliver the audit of the future Investing in technology is a key priority for accounting firms as they move into 2024, while mitigating the ongoing talent shortage and keeping pace with new laws continue to cause challenges for many within the profession.

Technology 45

Technology accounting firms audit Account 45

ThomsonReuters

JANUARY 12, 2023

If you work in the professional services sector, you’re well aware of the rise of automation. For those of us in the tax and accounting profession, we’ve witnessed the amazing time savings and efficiency automation can bring—and audit is no exception. . The same holds true for audit technology. .

Technology 52

Technology audit auditor Tax 52

CPA Practice

AUGUST 11, 2023

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.

Technology 98

Technology accounting firms Account accountant 98

CPA Practice

DECEMBER 19, 2023

In an era where AI, particularly generative AI, is reshaping industries, small accounting firms stand at a crossroads. As we approach 2024, the integration of AI into accounting practices is not just an opportunity for an advantage, but a necessity. Training your team on the importance of data integrity and security is vital.

accounting firms 124

accounting firms Account accountant accounted 124

Going Concern

DECEMBER 15, 2023

Cheaters What went wrong at PwC Canada: Accounting firm agrees to pay $1.45-million million to settle exam cheating scandal [ Canadian Accountant ] The Canadian member firm of PricewaterhouseCoopers International has agreed to pay the Chartered Professional Accountants of Ontario $1.45

audit 101

audit Technology accounting and finance Legal 101

Accounting Insight

NOVEMBER 29, 2022

Accounts payable automation, also known as AP automation or invoicing automation, is the process of automating accounts payable processes and activities while collecting the critical data required to make smart decisions, improve efficiency, and grow your business. As real-time? Entering payments.

Accounts Payable Automation 52

Accounts Payable Automation accounts payable Technology accounting firms 52

CPA Practice

JUNE 29, 2023

Technologists Randy Johnston and Brian Tankersley, CPA, discuss technology trends for audits. Welcome to Technology Lab. 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. Use the podcast player below to listen.

Technology 52

Technology audit general ledger Start-ups 52

CPA Practice

FEBRUARY 23, 2024

Accounting firms and departments face continuous pressure to attract and retain talent due to a persistent shortage of qualified professionals to do the work. However, there is greater room for technology to assist in these efforts. By Stephanie Collins.

Technology 75

Technology cpas CPA public accounting 75

CPA Practice

JANUARY 23, 2023

With markets changing and capital becoming more constrained by the day, there is a rapidly heightened awareness of the role that due diligence and audits play. Getting there will require not only new technologies — but new approaches to human capital as well, but both are beginning to emerge just at the right time. By Tod McDonald.

audit 124

audit auditor forensic accounting Technology 124

ThomsonReuters

JANUARY 29, 2024

Today’s accounting firm leaders are constantly grappling with two pivotal challenges: attracting top-tier talent and holding on to the people they have. The challenge for CPA firms is to create an environment and a career path that talented young people find appealing.

Technology 52

Technology accounting degree tax preparation cpa firm 52

CPA Practice

JULY 9, 2023

the developer of the award-winning cloud-based audit automation platform, has announced aquired Advantage Audit from John Wiley & Sons, Inc. Advantage Audit is an audit planning aid and audit program series designed to help auditors comply with risk-based professional standards in a straightforward and efficient manner.

audit 111

audit auditor Technology financial statements 111

ThomsonReuters

NOVEMBER 9, 2023

In an era of staffing shortages and scarcity of technical tax professionals , accounting firms must increasingly look outside the box to fill gaps in talent. Many firms are shifting their hunt for talent beyond the traditional accounting background. Think about your firm’s daily workflow. Boost staff productivity.

tax planning 105

tax planning accounting firms Tax Account 105

CPA Practice

MARCH 7, 2023

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). Here’s what you need to know.

Technology 137

Technology CPA cpas audit 137

Ryan Lazanis

MAY 24, 2023

Here is my complete guide to emerging accounting technologies for 2023. In this guide, you’ll learn about the top accounting technology in the profession along with some tips and tricks on how to leverage them. So if you’re looking to leverage software to automate your accounting work, you’ll love this guide.

Technology 98

Technology Account accountant accounted 98

ThomsonReuters

JULY 25, 2023

A recent article from Thomson Reuters, “ Baker Tilly’s Michele Donohue Makes the case for Automation in Tax Practice ,” discusses the benefits of automation in tax practice, as well as the role of artificial intelligence. Let’s take a look.

tax preparation 98

tax preparation Technology Tax accounting firms 98

CPA Practice

JANUARY 19, 2024

Accounting Thought Leaders Say CAS Will Become a Must for Firms in 2024 As technology continues to dramatically shape the accounting profession, the latest big conversations have been around AI and automation. Technology’s Role 2. How to Move a Firm Toward CAS 6. Where Technology Fits in CAS 3.

accounting firms 78

accounting firms Account accountant accounted 78

ThomsonReuters

JULY 25, 2023

For today’s accounting firms, advanced technology is no longer an option but a necessity. To keep pace in an increasingly competitive landscape, forward-looking firms are investing in artificial intelligence (AI) solutions to automate tax workflow, open up additional revenue streams, and better serve clients.

Technology 98

Technology Tax audit accounting firms 98

MyIRSRelief

APRIL 29, 2024

But for these go-getters, navigating the complexities of running a business, especially the ever-challenging world of taxes and accounting, can feel overwhelming. This is where specialized tax and accounting firms step in, becoming a crucial partner for small businesses with under 100 employees.

Tax 130

Tax bookkeeping Account accountant 130

CPA Practice

MARCH 15, 2023

They often focus their efforts to maximize the eventual sales value of the acquired business via a combination of targeted acquisitions of other firms, capital investments, expansion into profitable niches, waste reduction, tech adaptation, streamlining and other measures. What size accounting firms are private equity groups eyeing?

accounting firms 132

accounting firms Account accountant accounted 132

Going Concern

JULY 19, 2023

See: The 259th Largest Accounting Firm Is Paying For Unlicensed Staff to Pursue a Master’s at the 87th Best Online Business School More than 90 Clayton & McKervey shareholders and associates will join Wipfli (revenue of $506.7 million), bringing the headcount to about 3,300. Moving up in the world!

accounting firms 93

accounting firms Account accountant accounted 93

ThomsonReuters

AUGUST 3, 2023

Instead, firms are embracing specialization to tailor their expertise and solutions to match the unique requirements of their target clients. Accounting firm specialization is a competitive edge Specialization allows tax and accounting firms to stand out from the crowd by offering the unique and specialized services their clients require.

accounting firms 98

accounting firms Account accountant accounted 98

Menzies

FEBRUARY 12, 2024

Menzies LLP - A leading chartered accountancy firm. With increased focus on scaling up and creating more employment opportunities a cut to employer’s NICs would go some way to encourage tech companies to take on new staff.

Technology 59

Technology income tax chartered accountant Tax 59

CPA Practice

FEBRUARY 9, 2023

AuditClub, the Audit Service Center, and AuditFile, developer of the award-winning cloud-based audit automation platform, will collaborate to combine audit technology with fractional auditors to ease the challenges faced by CPA firms and internal audit teams in performing audits and reviews.

audit 105

audit auditor cpa firm CPA 105

Ryan Lazanis

AUGUST 2, 2023

In this article, you’re going to get a ton of inspiration plus a whole bunch of tips for picking amazing accounting firm names. Table of Contents How to Choose a CPA Firm Name? Choosing an accounting firm name is all about branding and how you want the outside world to perceive you.

accounting firms 52

accounting firms Account accountant accounted 52

CPA Practice

JANUARY 18, 2024

This year marks the 100 th Anniversary of the Consumer Technology Association, the host of the International Consumer Electronics Show (CES) since 1969, which has bounced back from the COVID hiatus with over 135,000 attendees during its annual meeting in Las Vegas in early January. [ Dell, HP, Lenovo, etc.

Technology 59

Technology Gaming Real Estate audit 59

ThomsonReuters

JULY 11, 2023

Accounting firms turn to a three-tiered approach to uncover opportunities Accounting firms are severely impacted by the dynamic post-pandemic economy. Firms are faced with the external challenges of meeting new client demands, increasing compliance pressures, and tax law changes. According to Revelio Labs Inc.,

Technology 73

Technology Account accountant accounted 73

Menzies

DECEMBER 6, 2023

Menzies LLP - A leading chartered accountancy firm. Importance of an Audit A lot of business owners think audits are much of a muchness, however their quality can vary significantly. The annual audit is occasionally considered as a commodity purchase.

audit 52

audit auditor accounting and finance chartered accountant 52

ThomsonReuters

JUNE 16, 2023

Is your firm running its gears on outdated accounting technology? In fact, a recent survey by Accounting Today found that half of the firms surveyed said they plan to boost their spending on technology in 2023. Does your technology lack scalability? Change is not easy.

Technology 98

Technology Account accountant accounted 98

CPA Practice

JANUARY 17, 2024

This year marks the 100 th Anniversary of the Consumer Technology Association, the host of the International Consumer Electronics Show (CES) since 1969, which has bounced back from the COVID hiatus with over 135,000 attendees during its annual meeting in Las Vegas in early January. [ Dell, HP, Lenovo, etc.

Technology 52

Technology Gaming Real Estate audit 52

Accounting Insight

MARCH 19, 2024

Introducing Inflo, who have been leading accounting firms’ evolution by modernising audit practices. Inflo is at the forefront of transforming the auditing profession. We specialise in: Automation: Streamlining manual processes through automation. How did you get started?

audit 65

audit Technology auditor accounting firms 65

Going Concern

SEPTEMBER 22, 2023

People Ken Miller set to retire after more than three decades of service [ Virginia Tech ] After more than 35 years of dedicated service to Virginia Tech, Ken Miller has announced his retirement. Miller was appointed vice president for finance in April 2020 and also serves as the university treasurer. That compares with the $1.6

audit 81

audit accounting and finance Virginia auditor 81

Accounting Insight

JUNE 13, 2023

How can AI and automation help small accountancy practices provide a better service? The commodification of AI is also happening in accountancy: small and medium-sized firms are beginning to embrace the technology, which was previously the preserve of the Big Four. The benefits are broad.

Technology 52

Technology Account accountant accounted 52

Going Concern

NOVEMBER 6, 2023

The industry-first exercise will combine the consulting, risk, tech consulting, and deal advisory practices of the three regions of the consulting giant into KPMG India, the people said. In 2018, Veritas Capital, which invests in businesses at the intersection of government and technology, acquired the U.S.

audit 85

audit Account accountant accounted 85

Ryan Lazanis

APRIL 4, 2022

Want all the information you need about accounts payable workflow automation? In this article, you’ll learn: What accounts payable automation is. 11 different benefits of automating this process. The best tools to automate A/P. How to specifically automate A/P. Quick Audits. Let’s dive in!

accounts payable 96

accounts payable Technology Accounts Payable Automation AP Automation 96

TaxConnex

FEBRUARY 27, 2024

For respondents, the staffing struggle also meant curtailing business growth (19.23%), more errors in sales tax calculation (17.58%), more frustration from existing staff (21.43%) and, perhaps scariest, a growing lack of confidence in being prepared for an audit (22.53%). How to fill the need?

Sales 222

Sales Tax Account accountant 222