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Accounts payable automation: the ultimate game changer for accounting firms

Accounting Insight

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. Reconciling bank statements. Entering payments.

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Mastering the art and science of exceptional client service

ThomsonReuters

Jump to: The role of emotional intelligence (EQ) in client relationships The evolution of client service in accounting firms Leveraging technology for enhanced client service Forward-looking accountants are increasingly realizing the importance of harmonizing technical tax expertise with interpersonal relationship skills.

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7 key factors to consider when hiring new accountants for your firm

ThomsonReuters

Every tax and accounting firm is unique, so there’s really no one-size-fits-all approach to hiring. Understanding your company culture is a useful step in finding a new accountant who is the right fit for your firm. Knowledge of finance and accounting is, of course, vital when hiring for a tax and accounting firm.

Account 92
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Clients Want Actionable Data, Not Impossible-to-Parse Spreadsheet Dumps

Going Concern

“Businesses [are] seeking advice and assurance on a broad range of areas beyond financial statements.”. Technology is raising the role of the management accountant to be a more strategic role,” said AICPA Chair Anoop Mehta, CPA, CGMA. That’s not a conversation, it’s a terrible game of.xlsx ping pong.

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How technology has impacted accounting—from compliance to strategy

ThomsonReuters

From increasing accuracy to optimizing tax workflow to freeing up time for more value-added activities, technology has transformed the accounting industry—for the better. Accounting firm technology trends. So how does automation work at an accounting firm? How do you choose the right accounting technology?

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Friday Footnotes: KPMG Pays High Schoolers 20 Bucks an Hour; Deloitte Cyberattacked Too; IRS on ERC | 7.28.23

Going Concern

He graduated summa cum laude in accounting from Baruch College with numerous other academic awards and a continuing passion for wrestling, Ping Pong and handball. He was drafted into the army in 1952 and returned to the accounting firm in 1954. Such suggestions are false.

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What’s the Difference Between a Controller and a CFO?

Shay CPA

In other words, a good controller’s work is often very granular, getting into the details to ensure accuracy in your company’s financial statements on a daily basis. Depending on the size of your company, they may also have direct reports and spend some of their time managing those individuals.