This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Gappify is the latest company to roll out businessaccounting-related chatbot technology. 20) that it has launched Alan, chatbot technology designed to assist businessaccountants. Gappify and Alan will enable finance staff to keep pace with the speed of business and finance evolution in an era of increasing complexity.”.
A research firm has discovered that the number of material accounting mistakes made by U.S. public companies has gone up this year. Massachusetts-based Audit Analytics looked at disclosures from more than 9,000 U.S.-listed listed companies since 2005, finding firms that had to reissue their financials due to errors.
Corporateaccounting and auditing firm KPMG is shuttering its small business services unit, reports in The Business Desk said Thursday (Feb. According to the publication, KPMG’s Small BusinessAccounting (SBA) service, which launched in 2014, will be closed in the U.K. will remain unaffected.
. “We started with a retail current account and then we launched businessaccounts, first for limited companies with a single director and now for sole traders as well, and soon for multi-director limited companies,” she said. “Very much focusing on the [SMB] space of one to 10 employees.”
She cited the recent decision by the European Commission not to force the Royal Bank of Scotland to divest its Williams & Glyn unit, a move Boden said would have boosted competition in the B2B banking space. In an interview with the publication, Anne Boden also offered a few details about what the B2B service will look like. “It
The future of the corporateaccountant is in flux. FinTechs are developing ways to automate accounting tasks, forcing human accountants to provide more strategic, value-added services. That doesn’t mean corporateaccountants are jumping ship, however.
The Certified Personal Accountant (CPA) today now has a plethora of FinTech solutions they can use to manage their clients’ money, with the number of digital tools — including cloud accounting portals, cash flow forecasting solutions and intelligent technologies like artificial intelligence (AI) — continuing to rise.
Corporateaccounting standards are changing, with the Financial Accounting Standards Board adopting new standards in ways companies report on leases, hedging and other financial activity. ” Meanwhile, previous research from Audit Analytics has also revealed that the number of accounting errors among the U.S.’s
This challenge exists for professionals across the back office, but in businessaccounting, the lack of data integration and accuracy mean finance experts are spending valuable time correcting information and moving numbers from one platform to another. ” Supporting an Accounting Shift.
A press release Wednesday (July 24) said the financial institution is pursuing larger firms on the SMB spectrum with its multi-owner account support, enabling companies with multiple executives in-charge to gain access to and manage a single corporateaccount. Today, that service is nearing 60,000 users, the bank said.
Reports said that as the company continues beta testing, it is offering the next 500 businesses to sign onto the pilots a discount to do so. The B2B FinTech market has increasingly turned to robotics and artificial intelligence to address pain points that remain even with automated solutions.
“The tide is definitely rising, and those accountants that take action and future-proof their businesses now will be [the] winning practices of tomorrow.”. Australia has one of the most robust small businessaccounting markets in the world, with industry players like Xero (based in New Zealand) and MYOB leading FinTechs in the market.
Corporateaccounting platform ScaleFactor is rolling out its Android app for business professionals to gain real-time visibility into company finances. The company is introducing its Android app to link small business owners to ScaleFactor Business via their mobile devices, the firm said in a press release Thursday (Feb.
Two-thirds of accountants recently surveyed by Right Networks said they embrace the cloud as a tool to forge deeper connections with their customers, while the cloud’s ability to facilitate forecasting, risk management and other value-added services is also a top focus for accounting professionals.
A new survey from K2E Canada suggests small businessaccountants understand that technological disruption is a major challenge, yet few are addressing the issue.
The publication reported Thursday (May 2) that the International Financial Reporting Standards will apply to organizations across 140 countries, shifting the way businessesaccount for their leases in financial statements.
A similar disruption is happening in the global market with changes in the International Financial Reporting Standards, which will affect businesses across 140 countries.
We organize all of the trending information in your field so you don't have to. Join 237,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content