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After $3.5 Billion Accounting Error, South Carolina Comptroller Could Be Ousted

CPA Practice

Eckstrom, the state’s chief accountant and top fiscal watchdog, is in charge of running the state’s payroll, paying vendors, helping other agencies with the accounting system and assembling the state’s annual financial report.

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The Best Tech for Accounting Firms: CPAs Voted for Readers Choice Tech Awards

CPA Practice

At the same time, the nearly universal adoption of cloud-based accounting, payroll and management systems by businesses has made it easier for firms to work with clients in real time, providing rapid response to issues, as well as access to live data and account information.

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IRS Audit Red Flags: How to Avoid Getting Tax Audited by the IRS

Snyder

Meeting a tax auditor is as frightening as meeting a ghost. It’s performed by the IRS tax auditors, whose job is to verify that the financial information you reported to the tax agency was correct. During an IRS tax audit process , the auditors check whether an individual or business returns comply with federal or state tax laws.

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Accounting Automation: The Definitive 2023 Guide

Ryan Lazanis

With quicker results and improved accuracy, it’s natural that a superior customer experience results from the benefits of automated accounts. It’s like the App Store on your iPhone, only for accounting process automation software. 2) Expense and Accounts Payable Processing. 3) Payroll. 6) Lends Itself Well to Upskilling.

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Which Are the Most In-Demand Accounting Jobs Right Now?

Snyder

Auditor The role of an auditor is two-fold. Within the company, you work with, inspect and review accounting processes and records for accuracy before external auditors come in and check them. Information Technology Accountants Accounting is an evolving field, and it’s moving fast with technology.

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Accountant Vs. Controller: What's the difference?

Basis 365

Controllers manage the accounting system of organizations. Controllers are responsible for setting up an efficient accounting infrastructure in smaller businesses and are an overseer for larger companies. They are crucial in organizing and executing accounting actions to ensure everything runs smoothly.

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The Secret to a No-Sweat Compliance Audit is an Outsourced CFO

inDinero Accounting

If you’ve read our PPP guide , you already know that the SBA is committed to ensuring that taxpayer-funded PPP loans went to COVID-impacted small businesses to keep employees on the payroll. Do you know what tips off PPP auditors and investigators to potential fraud? Whistleblower complaints are flooding the SBA-OIG’s Hotline.

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