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The Pivotal Role of Audit Professionals in AI Integration

CPA Practice

Amid technological advancements, the audit professional’s role, characterized by a deep attention to detail, compliance and risk management, is proving to be vital well outside the traditional confines of finance. That kind of reliability is the cornerstone for effective application of AI technologies. By Nate Varel.

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AuditFile Announces Acquisition of Advantage Audit from Wiley

CPA Practice

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.

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Automation and AI-Driven Solutions Can Create Incentives to Attract and Retain Certified CPAs

CPA Practice

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.

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Meeting the Staffing Demands: How Automation is Transforming Accounting Firms

CPA Practice

This surge in demand for CPA services comes at a time when experienced public accountants are exploring alternative career options, and fewer graduates are entering the profession. Challenges in Public Accounting The public accounting sector faces unique challenges.

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Changes in 2024 CPA Exam Put Technology Front and Center

CPA Practice

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).

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Revolutionize your talent strategy with automation

ThomsonReuters

Retiring Baby Boomers are creating a vacuum, leading to a scarcity of experienced professionals, and there aren’t enough young people graduating with accounting degrees—or choosing to enter public accounting—to fill that void. This is where technology, particularly tax automation, plays a pivotal role.

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AuditFile Launches New Single Audit, Governmental, and International IFRS Modules

CPA Practice

an award-winning provider of cloud-based audit solutions, has added three new modules to its flagship product, Advantage Audit AI. Advantage Audit AI leverages a patented artificial intelligence engine to optimize and automate the auditing process. AuditFile, Inc., For more information, visit [link].

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