ThomsonReuters

JUNE 16, 2023

Is your firm running its gears on outdated accounting technology? In fact, a recent survey by Accounting Today found that half of the firms surveyed said they plan to boost their spending on technology in 2023. How do you know when your accounting technology is outdated? Change is not easy.

Technology 98

Technology Account accountant accounted 98

ThomsonReuters

JUNE 16, 2023

Many of today’s tax and accounting practices are struggling with strained firm capabilities. In fact, a 2022 survey by the Virginia Society of CPAs (VSCPA) found that the greatest challenges facing firms are being overworked and understaffed. How do you identify strained accounting staff? Is your firm among them?

accounting firms 98

accounting firms Account accountant accounted 98

ThomsonReuters

JANUARY 29, 2024

Jump to: The big picture Why this issue matters Understanding ESG auditing The big picture Climate change can be a tricky topic to discuss, but there’s no doubt that a great many businesses are having to discuss and account for climate risk. A survey conducted in 2023 by asset manager T.

audit 52

audit Technology Government auditor 52

ThomsonReuters

MAY 22, 2024

In today’s dynamic and competitive business environment, owners and partners of accounting and audit firms should, at least, be considering cloud-based technology as part of their broader strategies. According to the findings, 65% of survey respondents said they are utilizing an external cloud provider.

accounting firms 52

accounting firms Technology Account accountant 52

ThomsonReuters

MAY 17, 2024

LinkedIn studies also illustrated a 14% increase in job applications per role since the fall of 2023, with 85% of professionals considering a new job in 2024. trillion in lost productivity, according to Gallup’s 2023 State of the Global Workplace report.

payroll 52

payroll Tax Account accountant 52

ThomsonReuters

JANUARY 16, 2024

Engaged taxpayers are essential to a well-managed busy season. How mobile apps meet client expectations A Chase survey found that 87% of respondents use their mobile banking app at least once per month—with 90% preferring to manage all their finances in one place.

Tax 52

Tax Technology tax preparation accounting and finance 52

ThomsonReuters

OCTOBER 31, 2023

Jump to: How is AI affecting accounting? Is AI replacing accounting jobs? What is AI automating in accounting? Can AI do accounting? How to use AI to innovate Artificial intelligence (AI) is making its presence felt across many industries—and the accounting profession is no exception.

accounting jobs 52

accounting jobs accountant jobs accounts jobs Account 52

MineralTree

MARCH 2, 2023

Keep reading to learn about these top challenges facing CFOs in 2023, as well as the steps leaders should take to prepare their organization and AP team for success. It’s now essential for CFOs to have a firm grasp on the latest tools and best practices in order to truly optimize their financial management strategy.

AP Automation 83

AP Automation Technology accounting and finance accounts payable 83

ThomsonReuters

OCTOBER 24, 2023

Jump to: Automation, AI Technology: A Time and Resource Saver Outsourcing: Scale your business and reduce your costs A flexible work model: Expand your talent pool and gain a competitive edge How to handle the shortage of staff in your accounting department Recent trends have only amplified this challenge.

Account 52

Account accountant accounted Technology 52

ThomsonReuters

APRIL 18, 2023

The accounting profession has faced a profound shift in recent years: from significant regulatory changes to an influx of innovative technologies, to reimagined business models, to an increase in client expectations. What are the current issues in accounting? but there are several common hurdles that often run industry wide.

Account 52

Account accountant accounted Technology 52

ThomsonReuters

NOVEMBER 2, 2023

Multinational companies the world over face an increasingly common problem —namely, they are finding it difficult to hire people with the skills and experience needed to fill many key global trade management positions. Generative AI is set to streamline trade compliance processes by automating tasks like generating trade documents.

Technology 52

Technology Legal Government Maine 52

ThomsonReuters

APRIL 18, 2023

For accounting professionals, payroll services have long been viewed as a time-consuming, high-risk loss leader. In fact, a 2022  “ Future of Payroll” survey by Ceridian found that 85 percent of respondents have problems with their payroll technologies and 69 percent said they have payroll data issues.

payroll 107

payroll payroll tax Tax audit 107

ThomsonReuters

MARCH 9, 2023

Tax and Accounting professionals, listen up! This one-stop-shop can help make life easier by providing comprehensive resources so you can stay ahead of the game in today’s ever-changing world of tax and accounting. The maximum health FSAs may allow participants to carry over to 2023 is reduced to $570.

Tax 59

Tax Account accountant accounted 59

ThomsonReuters

MAY 3, 2023

Benefit to employees “It appears to be a pretty valuable benefit from the perspective of employees since so many employees live paycheck to paycheck,” said Tim Daum, a managing director at Crowe LLP’s National Tax Services. ” Employer benefits too A survey from 2022 showed that workers in the U.S.

Construction 59

Construction tax services Tax payroll 59

ThomsonReuters

JUNE 28, 2023

Department of Labor (DOL) recently indicated that the final version of the worker classification rule it proposed last year will be delayed up until October 2023. However, on June 9, 2023 the U.S. Shortly after President Biden took office, the DOL delayed the effective date of the rule until May 7, 2021. One rule to rule them all? 

Legal 98

Legal payroll California audit 98

Going Concern

FEBRUARY 6, 2023

Accountancy Today ] Head over to Forbes to read about 28-year-old Nick Hobson , “the accountant who became an unlikely cricket hero in Australia’s Big Bash League.” Someone is going to launch an AI that does better work than 99% of tax/accounting firms and Intuit is going to buy it for a trillion.

auditor 19

auditor Account accountant accounted 19