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Audit talent development: The ultimate strategy for recruitment, retention and firm growth

ThomsonReuters

From a shrinking talent pool to high turnover, the talent battle among accounting and audit firms continues to be a fierce one. For firms looking to attract and retain top talent , one factor rises to the top: audit talent development. Enter AuditWatch , a comprehensive audit training and consulting for accounting professionals.

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How AI transformed the tax and accounting profession in 2023

ThomsonReuters

This enables tax professionals to proactively address potential risks and mitigate them effectively, safeguarding their clients’ financial interests. White Paper Expertise matters in AI-powered tax and accounting solutions Not all AI is created equal – what data is your solution learning from?

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The value of audit certification and what it means for tax firms

ThomsonReuters

Driven by the widening range of stakeholders calling for ESG prioritization, an influx of laws and regulations pertaining to ESG, and a rise in ESG investment products, companies are increasingly setting their sights on ESG-related initiatives, such as audit certification. In fact, an article by global management consulting firm McKinsey and Co.,

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Ensuring Climate ESG Auditing Excellence: How Your Trusted Accounting Partner Makes the Difference

Withum

Now, regulations, investors and other stakeholders want companies to prove their ESG and climate information is accurate and reliable through audits and assurance. This experience puts them at the top of most companies’ list when considering a firm to perform the third-party audit of their ESG and climate reporting.

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How will AI affect accounting jobs?

ThomsonReuters

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. White paper Demystifying artificial intelligence A tax professional’s guide to cut through the noise on all things AI.

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The tortured journey of data: How tax technology speeds up tax compliance, provision, and reporting

ThomsonReuters

One of the biggest challenges facing the the tax profession today is the increasing amount of data that must be processed to prepare financial statements. Through this newfound efficiency, in-house tax teams can speed up the financial close process, improve audit readiness, and ultimately save both time and money.