ThomsonReuters

MARCH 19, 2024

As open-source generative AI platforms (like ChatGPT) gain momentum, there are concerns around accuracy, security, and privacy — especially when it comes to handling clients’ sensitive tax information. The basics of generative AI in tax So, what exactly is generative AI and how does it work within the tax and accounting profession?

Tax 52

Tax Technology Education auditor 52

KROST

JANUARY 26, 2021

Paren Knadjian ( Practice Leader, M&A, and Capital Markets ), Stacey Korman, CPA ( Principal ), Sossi Bekarian, CPA ( Senior Manager ), and Jeff Kamin, CPA ( Manager, Accounting, ERTC ) hosted a second session on the PPP Second Draw Program & Employee Retention Credits webinar. Tax provisions related to government-backed loans.

Entertainment 61

Entertainment CPA Manufacturing accounting and finance 61

Nancy McClelland, LLC

MARCH 6, 2022

For anyone in the field or looking to get into it, I strongly recommend a membership , which gets you into all of these webinars below at no extra charge. Additionally, the CLN will explore any anticipated future tax law changes. The NSAC line-up for the next few months is seriously powerhouse. Click here for more info.

Agriculture 52

Agriculture Account accountant accounted 52

Going Concern

MAY 13, 2024

“With our world rapidly changing, it’s just one of the ways that we’re trying to respond to everything going on across the industry,” Sanders said in an interview with Bloomberg Tax. On June 4, Cherry Bekaert is holding a Employee Retention Credit updates webinar. Just want to add this screenshot. PCAOB Chair Erica Y.

Oregon 76

Oregon Account accountant accounted 76

Going Concern

FEBRUARY 9, 2024

Big 4 Big Four Lobby Congress on Accounting Pipeline, AI, Crypto [ Bloomberg Tax ] PwC spent the most at $3.27 In a summary of the report, Linklaters said six unidentified partners outside Australia should have asked where the tax information had come from and that disciplinary action had been taken against them. “Win big?

Technology 85

Technology Colorado audit cpa firm 85

Going Concern

OCTOBER 31, 2022

The story is behind a paywall but Law.com says that during a recent Law.com webinar, EY global law leader Cornelius Grossmann said a new EY company, split from its audit business, would focus on largescale clients and projects that are multidisciplinary in nature, with legal services being a key—but not dominant—component.

Account 99

Account accountant accounted audit 99

ThomsonReuters

OCTOBER 31, 2023

While 51% of accounting professionals believe that ChatGPT and generative AI should be applied to tax, accounting, and audit work, opinions are divided about the usefulness of AI tools. One of the primary concerns centers on how AI will affect accounting jobs and the career outlook for tax professionals. Can AI do accounting?

accounting jobs 52

accounting jobs accountant jobs accounts jobs Account 52

ThomsonReuters

APRIL 24, 2023

At the core of every audit is the identification and assessment of risks of material misstatement, which is critical given the potential impact on a company’s financial position. It is essential that auditors are aware of the upcoming changes and how to apply SAS 145 to ensure compliance and further improve overall audit quality.

auditor 59

auditor audit financial statements Tax 59

ThomsonReuters

MAY 6, 2021

It’s been well reported in cryptocurrency circles that Damon Rowe, Executive Director at the IRS Office of Fraud Enforcement, unveiled “Operation Hidden Treasure” at a recent Federal Bar Association virtual tax conference. Their focus is on taxpayers who omit cryptocurrency income from their tax returns.

cpas 59

cpas tax return audit Tax 59

ThomsonReuters

MAY 12, 2023

CPA firms have already begun leveraging automation and AI technology in various areas such as tax software, audit procedures, customer service, risk management, and predictive analytics. What are the current challenges facing CPA firms?

cpa firm 52

cpa firm CPA Technology cpas 52

Going Concern

DECEMBER 11, 2023

Mandatory audits don’t provide protection the entities mandated them think they do according to new research. In new research, Matthias Breuer, Anthony Le, and Felix Vetter find that when companies are required by the government to seek a third-party financial audit, they turn to lower quality auditors.

auditor 101

auditor Account accountant accounted 101

Ryan Lazanis

JUNE 8, 2023

Accounting forums are digital communities usually populated by firm owners, CPAs, tax specialists, and other financial experts. All kinds of accounting topics, from taxes to software recommendations and business strategies can be discussed. Realize’s design is quite different from other forums.

online accounting 52

online accounting Account accountant accounted 52