ThomsonReuters

JUNE 16, 2023

Many of today’s accounting professionals have a new perspective on when and how they want to work. The onset of the COVID-19 pandemic forced countless businesses, including accounting firms, to go remote essentially overnight due to mandated shutdowns and stay-at-home orders. Are there still remote accounting jobs?

accounting firms 111

accounting firms Account accountant accounted 111

ThomsonReuters

NOVEMBER 9, 2023

There is no doubt that tax professionals are hard to find, let alone replace. In an era of staffing shortages and scarcity of technical tax professionals , accounting firms must increasingly look outside the box to fill gaps in talent. Many firms are shifting their hunt for talent beyond the traditional accounting background.

tax planning 105

tax planning accounting firms Tax Account 105

ThomsonReuters

JANUARY 4, 2024

Take advantage of wellness benefits The numbers are in, and they reinforce the mental health challenges facing accountants. Nearly 9 in 10 accountants want a better work-life balance, while just over 70 percent would like more help from their organizations to manage mental health, according to ACCA’s Global Trends Survey 2023.

Tax 71

Tax Technology payroll tax accounting careers 71

ThomsonReuters

AUGUST 2, 2023

It takes a combination of insight and determination to recruit the right talent for your accounting firm. Recently, respondents to the 2023 State of the Tax Professionals Report shared their top ten tips for a successful accounting firm recruitment strategy. Social media is a superb way to show your human side as well.

accounting firms 98

accounting firms Account accountant accounted 98

ThomsonReuters

OCTOBER 4, 2023

Jump to: How many accounting firms use AI? How do smaller accounting firms use AI? In today’s fast-paced business world, ignoring technology is not an option, and the field of accounting is no exception. How many accounting firms use AI? How do the Big 4 use artificial intelligence? For now, not many.

accounting firms 111

accounting firms Account accountant accounted 111

ThomsonReuters

JULY 25, 2023

With these challenges come new opportunities for firms to streamline processes , reduce errors, and free up time for tax professionals to focus on higher-level tasks. “From a tax professional standpoint, we’re always trying to shoehorn that data into some system … there’s always an input that’s required in a certain format,” said Donohue.

tax preparation 98

tax preparation Technology Tax accounting firms 98

ThomsonReuters

MAY 14, 2024

Expectations of tax professionals today are higher than ever. For junior tax professionals entering this complex and demanding world, the challenge can be exciting – but the learning curve can be steep. Accelerating learning and development What’s more, AI tools often incorporate self-directed learning features.

Tax 52

Tax tax planning tax return Education 52

ThomsonReuters

FEBRUARY 22, 2024

Developments in artificial intelligence (AI) are advancing rapidly all the time, and it’s set to play an increasingly important role in everyday life and the professional landscape. It is inevitable that in the next few years, it will impact – and even transform – how corporate tax professionals go about their work.

corporation tax 93

corporation tax Tax Technology audit 93

CPA Practice

MARCH 31, 2023

Technology continues to be a driver of growth for today’s successful accounting practices, and professionals know it, with a recent survey showing that 86% of respondents agree that technology will play a significant role in the growth and expansion of their practices in the next year. The survey was sponsored by Intuit Inc.,

Technology 128

Technology quickbooks Account accountant 128

ThomsonReuters

AUGUST 3, 2023

In the rapidly evolving landscape of the tax and accounting industry, specialization has emerged as a solid differentiator, providing firms with a distinct competitive edge. This level of comprehensive knowledge instills confidence in clients, as they know they are partnering with professionals who possess the highest level of competence.

accounting firms 98

accounting firms Account accountant accounted 98

ThomsonReuters

JULY 6, 2023

If you are an accounting professional who has been contemplating a change in career path, you’re not alone. Accountants have the knowledge and experience necessary to work as trusted advisors to the public or within a company, so your certification qualifies you for a variety of career paths. But where do you start?

Account 98

Account accountant accounted accounting and finance 98

ThomsonReuters

AUGUST 1, 2023

Thomson Reuters set out to answer that question by surveying more than 100 CPAs who are currently employed as accountants. The results show that tax and accounting professionals know exactly what they want in an employer—and here’s how firms can heed the call. hours per week. hours per week, a reduction of about 12%.

Account 98

Account accountant accounted accounting firms 98

CPA Practice

MARCH 21, 2023

In the accounting profession, staying on top of current trends and looking for ways to leverage them as part of your growth strategy is crucial. One trend gaining traction is augmenting marketing operations with artificial intelligence (AI). If you have a full-time content writer on your team, their job isn’t going away.

Start-ups 119

Start-ups accounting firms Account accountant 119

Acterys

JULY 12, 2023

In the dynamic world of finance, where strategic decisions shape the course of businesses, mastering vertical analysis can help you simplify your statement, make critical financial decisions, and understand the underlying composition and trends that drive your business’ financial performance.

financial statements 130

financial statements accounting and finance accounts payable Sales 130

Xero

OCTOBER 24, 2022

With just two weeks to go ’til Xero Singapore Roadshow, we are buzzing with all that we have in-store for our accounting and bookkeeping community. Opening the day, Managing Director of Xero Asia, Koren Wines will unveil some topline findings from our annual Singapore State of Accounting Industry Report. Benchmark your practice.

bookkeeping 97

bookkeeping Technology Account accountant 97

ThomsonReuters

JULY 6, 2023

If you’re a leader within an accounting firm, you’ve likely heard of advisory services and their lucrative impact. This trend is picking up pace as traditional accounting firms seek more strategic and meaningful work that goes beyond just tax returns. But what accounting advisory services should your firm offer?

Account 98

Account accountant accounted tax return 98

ThomsonReuters

MAY 15, 2023

The use of artificial intelligence (AI) has already had a tremendous impact in many industries, and the tax and accounting sector is no exception. The current state of AI in tax and accounting The use of AI in the tax and accounting profession is rapidly becoming more popular. How can AI improve advisory services?

Tax 98

Tax cpas Account accountant 98

ThomsonReuters

AUGUST 1, 2022

The public perception of accountants is typically described as compliance processors or number crunchers—people who balance books and prepare tax returns. Unfortunately, this limited view clouds the true value of accounting professionals and can lead to some people choosing do-it-yourself tax software.

tax return 97

tax return Tax Account accountant 97

ThomsonReuters

JULY 25, 2023

For today’s accounting firms, advanced technology is no longer an option but a necessity. The most successful accounting firms are making the investment today to optimize growth tomorrow. Let’s take a look at how AI is transforming the way accountants work and why it will help shape the future of the profession.

Technology 98

Technology Tax audit accounting firms 98

Snyder

NOVEMBER 17, 2022

Accountancy firmly belongs to the financial sector but it also shares a lot of key features with the service industry. No one can be an expert in all those areas, that’s why finding a helpful blog for accountants is such a great idea. So let’s begin our journey to the land of accountancy! Small business owners.

Account 52

Account accountant accounted bookkeeping 52

ThomsonReuters

APRIL 30, 2024

Jump to: The role of emotional intelligence (EQ) in client relationships The evolution of client service in accounting firms Leveraging technology for enhanced client service Forward-looking accountants are increasingly realizing the importance of harmonizing technical tax expertise with interpersonal relationship skills.

Technology 52

Technology accounting firms financial statements Tax 52

ThomsonReuters

APRIL 25, 2024

Keeping up with these changes while ensuring compliance can be a daunting task for accountants, leading to potential errors and inefficiencies in the preparation process. But there is a solution. By analyzing large datasets, AI systems can help auditors and accountants detect irregularities.

Tax 52

Tax tax preparation tax planning auditor 52

Xero

NOVEMBER 27, 2023

Accountants and bookkeepers, join us for Xero Summer Series Get ready to soak up the summer vibes at the Xero Summer Series – a new event that promises to set the stage for success in 2024. Louise will be on stage to share how macroeconomic trends impact small businesses and their advisors. “I Register now.

bookkeeping 96

bookkeeping Technology Gaming Start-ups 96

ThomsonReuters

MARCH 19, 2024

To mitigate these concerns, forward-looking accountants are relying on AI-powered tax research solutions that are grounded in data from trusted experts and reliable sources, as opposed to public options that pull information from across the internet. Clearly, this is an unacceptable risk for tax and accounting professionals.

Tax 52

Tax Technology Education auditor 52

ThomsonReuters

MARCH 6, 2024

To effectively address these subjects and more, tax and accounting experts today must have comprehensive and current tax research tools and expert editorial analysis at their disposal. Employers should also ensure that wages taken into account for the COVID-19 employee retention credit were not taken into account for other credits.

tax return 52

tax return payroll tax payroll Tax 52

ThomsonReuters

SEPTEMBER 19, 2023

Jump to: Job security: AI is an enhancement, not a replacement Making AI work for you: Best practices for tax professionals A collaborative future with AI The dawn of artificial intelligence (AI) has sparked concerns across various industries about the potential replacement of human workers with machines.

Technology 52

Technology Tax tax preparation tax return 52

MineralTree

JANUARY 25, 2024

Despite the start of a new year and promises of rate cuts on the horizon, MineralTree’s 8th Annual State of AP Report revealed that many of these trends and hurdles aren’t fading away — they’re evolving. For finance professionals, understanding this landscape is crucial.

accounts payable 69

accounts payable AP Automation Account accountant 69

Withum

MAY 9, 2024

In two weeks, I will be teaching a graduate course on audit concepts and methods to accounting students at Fairleigh Dickinson University. However, my role is not just to teach the material but to excite them about accounting as a profession and auditing in particular and share my pride in the vital role auditors play in our ecosystem.

auditor 59

auditor audit financial statements forensic accounting 59

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

ThomsonReuters

JANUARY 18, 2024

Jump to: What are the roles and responsibilities for accountants? Accountant vs. CPA vs. tax preparer: What are the differences? GAAP and AICPA What issues should accountants be aware of in the profession? How can accountants be more efficient? Accountant responsibilities extend far beyond number crunching.

Account 59

Account accountant accounted tax preparation 59

Withum

FEBRUARY 9, 2022

This is the 1,005 th blog I posted in the last ten years, and today will start my eleventh year of these blogs. This is primarily a business blog and I post topics clients have expressed interest in, and I am gratified to be able to help them in this manner. It worked well.

intermediate accounting 59

intermediate accounting tax consultant basic accounting Start-ups 59

CPA Practice

APRIL 24, 2023

You’ll be able to: Understand trends impacting the acceleration of digital transformation. Field of Study: Accounting Receive 1 hour of free CPE credit for participating in this live webcast. A veteran of accounting journalism, she also speaks at many accounting events, trade shows, and webinars.

Technology 80

Technology AP Processes Indiana CPA 80

ThomsonReuters

AUGUST 3, 2023

As a result of the explosion of new tools and software available, accounting firms have a significant opportunity to improve their reputational status through enhanced advisory service offerings. Accounting firms who are equipped with these tools and information will be in a position to help their clients respond to these changes.

Technology 98

Technology accounting firms Tax Account 98

ThomsonReuters

OCTOBER 24, 2023

In addition, as businesses become more globalized, accountants must be able to account for transactions in multiple currencies,” wrote Benjamin Wann, owner of Asheville, N.C. based CFO Consultants, in a blog post. accounting software, payroll, etc.) This is especially true in accounting and finance roles.

Technology 52

Technology Tax corporation tax accounting and finance 52

ThomsonReuters

MAY 19, 2022

Underscoring this point, HubSpot’s Annual State of Service in 2022 report found that 88 percent of customer service professionals surveyed believe customers have higher expectations than they did in previous years. based accounting firm Padden Cooper. Stay abreast of what’s happening in the accounting industry.

Tax 105

Tax tax return accounting and finance accounting firms 105

Basis 365

JULY 25, 2023

While marketing professionals focus on promoting brands and generating leads, monitoring and analyzing financial performance closely is equally essential. So, let's explore the top accounting KPIs vital for a marketing company's financial management. First, get your accounting system in order.

Account 97

Account accountant accounted accounting system 97

ThomsonReuters

SEPTEMBER 7, 2023

Jump to: What is the future of accounting? Clients are turning to their professional teams, including their accounting firms, to take on more advisory roles. Clients are turning to their professional teams, including their accounting firms, to take on more advisory roles. What is the future of accounting?

Account 59

Account accountant accounted tax return 59