ThomsonReuters

FEBRUARY 26, 2024

There are many paths to accountancy, but this is one we don’t hear of often:  Erin Heath   grew up on a cattle ranch in South Dakota, where many of her “ranch-hand” duties sparked her interest in numbers. But it was an introduction to accounting class in high school that paved the way. “It It was love at first sight,” she recalls. “I

CPA 98

CPA South Dakota Nebraska Tax 98

ThomsonReuters

JANUARY 16, 2024

Why is overall accountant wellness important? Making occupational wellness a priority Tax and accounting professionals are known for working hard, especially during tax season. How is wellness different from health? Wellness, on the other hand, is a process that you follow to improve your health and well-being.

Tax 52

Tax Account accountant accounted 52

ThomsonReuters

JUNE 6, 2022

When you can flag changes in accounting, auditing, and tax that clients didn’t know about, and help them manage commercial impacts with innovative solutions, then you’re well on your way to gaining their trust. But how do you stay current on accounting and auditing standards when there are new developments happening all the time?

accounting standards 142

accounting standards Account accountant accounted 142

Going Concern

MAY 18, 2023

At its core, accounting is a challenging career that requires growth and learning and can usually pay pretty well. Even better, because it’s a challenging job that requires lots of training and experience, the supply of good accountants is never high enough to meet demand. So far, so good. So, the pay should be good, too, right?

Account 109

Account accountant accounted cma 109

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

SEPTEMBER 25, 2023

Jump to: Key findings for tax professionals AI and internal efficiencies AI and role evolution AI and the tax profession The new Future of Professionals report examines how the combination of AI and human expertise will shape the roles, skills, and work of tax professionals in the future.

Tax 52

Tax Account accountant accounted 52

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.

Account 98

Account accountant accounted accounting firms 98

ThomsonReuters

SEPTEMBER 25, 2023

In the new Future of Professionals report, key findings demonstrate how AI can enhance and empower human talent in the tax profession, empowering a new breed of advisors to provide strategic guidance, create new opportunities, and deliver more value than ever before. AI can bring about a step-change in their ability to do this.

Tax 52

Tax Non-Profits Technology Account 52

ThomsonReuters

FEBRUARY 13, 2024

At a recent Thomson Reuters event, Liz Connell, Senior Director of Product Management at ONESOURCE Global Trade , discussed why AI is relevant to global trade and how it can be applied effectively. So it’s important to understand what it is, and how it can help companies that engage in global trade. That is asking so much.

Technology 52

Technology Legal Government Tax 52

ThomsonReuters

JULY 11, 2023

Accounting firms turn to a three-tiered approach to uncover opportunities Accounting firms are severely impacted by the dynamic post-pandemic economy. While the fundamentals of accounting remain the same, the processes and skill sets required to execute them are changing. According to Revelio Labs Inc.,

Technology 73

Technology Account accountant accounted 73

Mark Lee

FEBRUARY 13, 2024

Accountants, bookkeepers and tax advisers study for years to qualify in their chosen profession. You build up crucial technical skills and knowledge and, over time, related practical experience – which is also important. skills than it did to my knowledge and application of accounting and tax law.

Account 52

Account accountant accounted Non-Profits 52

ThomsonReuters

JUNE 15, 2023

Increased focus on ESG There are a number of issues and challenges around ESG that tax and accounting firms need to consider. How is the growing focus on ESG affecting the audit profession? As an area that is still developing, and – from an audit and accounting standpoint – still in its infancy, it can feel a bit like the Wild West.

audit 96

audit auditor Education Tax 96

ThomsonReuters

FEBRUARY 14, 2022

Every tax and accounting firm is unique, so there’s really no one-size-fits-all approach to hiring. Understanding your company culture is a useful step in finding a new accountant who is the right fit for your firm. Solid technical skills and software experience. Company culture. Job requirements. Communication.

Account 92

Account accountant accounted accounting firms 92

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

ThomsonReuters

NOVEMBER 2, 2023

How can firms stay competitive, deliver quality services, and achieve work-life balance amid these pressures? This can lead to improved profitability, client satisfaction, and staff retention. An open ecosystem can help firms automate their processes, enhance their collaboration, and improve their decision-making.

Technology 52

Technology Tax tax preparation tax return 52

ThomsonReuters

SEPTEMBER 25, 2023

The top personal motivators for tax professionals are to produce high-quality advice, maintain a healthy work-life balance, and continue to develop their knowledge and skills. These benefits can help achieve goals of providing high-quality advice and service to clients while developing their knowledge and skills.

Tax 52

Tax Technology Maine Account 52

ThomsonReuters

JUNE 16, 2023

Over the years, AI in accounting has increasingly gained traction and, going forward, it will continue to transform the tax and accounting profession. Like many industries, the accounting profession is exploring how AI can improve efficiencies and help strained firms better serve clients. Is your firm ready?

Account 110

Account accountant accounted Technology 110

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

FEBRUARY 28, 2024

Alicia Shaul ’s path to accounting was less than traditional. A culture of happiness and growth In the six years after she became a CPA, Shaul worked at several accounting firms and experienced some less-than-ideal managers. As an undergrad, she majored in political science and pre-law.

cpa firm 98

cpa firm CPA Non-Profits financial statements 98

ThomsonReuters

JUNE 16, 2023

Many of today’s tax and accounting practices are struggling with strained firm capabilities. More than half of respondents confirm that capacity challenges are constant in their firms and organizations — and workforce recruitment/retention is the most critical professional challenge,” the survey stated. Is your firm among them?

accounting firms 98

accounting firms Account accountant accounted 98

Ryan Lazanis

APRIL 18, 2023

Artificial intelligence in accounting is currently transforming the industry. Table of Contents What is AI in Accounting? Can AI Replace Accountants? Benefits of Artificial Intelligence How is AI Used in Accounting? In fact, ChatGPT wrote the above description: Can AI Replace Accountants?

Account 96

Account accountant accounted Technology 96

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

FEBRUARY 7, 2023

As a tax and accounting professional, you are well aware that tax research and staying current with new developments can be time-consuming, especially in today’s ever-changing legislative and regulatory environment. Let’s take a closer look. Users can work with Microsoft Word, Adobe Acrobat, or manual tracking.

Tax 59

Tax cpa firm corporation tax Start-ups 59

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

ThomsonReuters

FEBRUARY 16, 2024

The proper utilization and deployment of technological solutions alongside valued tax professionals is how successful tax departments deliver valued analysis, insights, and guidance for their organizations. Yet, technological maturity is low to moderate in many businesses.

corporation tax 96

corporation tax Technology Tax accounting and finance 96

Xero

OCTOBER 1, 2023

And how do they get it? This could be anything from the personal information of staff and customers, to confidential business information like sales and inventory records, credit cards and banking information, or account credentials used to access company systems. Imagine if a cyber criminal was able to access your email account.

Start-ups 111

Start-ups Account accountant accounted 111

Xero

JUNE 6, 2022

As many of us continue to respond to the impacts of climate change, it’s important to consider how the small business landscape will change, not just for our small business customers but our accounting and bookkeeping partners too. Who do small businesses go to when they have questions? In many instances it is their advisor.

bookkeeping 94

bookkeeping Account accountant accounted 94

ThomsonReuters

JUNE 9, 2022

Investing in people is the oft-repeated solution for the talent shortage experienced by professional services organizations. Even though automation has simplified the compliance process, the accounting business remains very much a relationship-based one. Why is continuing education important for serving accounting firm clients?

Account 52

Account accountant accounted Education 52

ThomsonReuters

MARCH 21, 2023

Are members of your accounting team among them? This article will explore how firms can transform a disengaged team and provide actionable insights firm leaders can set in motion today. What does a disengaged team look like? Employee engagement is on the decline. A 2022 Gallup survey found that employee engagement in the U.S.

Account 52

Account accountant accounted accounting and finance 52

Xero

OCTOBER 5, 2022

It has a range of content to help answer your questions about Xero, including how-to articles, videos, community discussions and the option to raise a case with our customer experience team if you get really stuck. Here’s how you can get the help you need and get back to what you love – running your business. . Your first place to go.

bookkeeping 85

bookkeeping Account accountant accounted 85

Snyder

DECEMBER 27, 2022

Freelance accounting is increasing in popularity. Even if online accounting is something you’ve done for years, becoming a freelancer may seem tricky to begin with. Even if online accounting is something you’ve done for years, becoming a freelancer may seem tricky to begin with. And here’s how you can prepare yourself.

Account 98

Account accountant accounted accounting and finance 98

ThomsonReuters

APRIL 19, 2022

No matter how large or small your firm may be, these simple gestures are excellent ways to reward your staff both during and after the seasonal tax rush. During the busy season, accounting professionals work long hours, so taking extra steps to show you recognize it can make a big difference. Offer Workplace Perks.

business tax 98

business tax Tax Sports Account 98

ThomsonReuters

JULY 6, 2023

In today’s ultra-competitive business landscape, being an accountant means far more than preparing tax returns or compiling financial statements. But what does accounting advisory mean and how can your firm take advantage of this unique opportunity to showcase your knowledge and build deeper relationships with your clients?

Account 88

Account accountant accounted tax return 88

Going Concern

MAY 22, 2023

How’s everyone doing? Let’s start off with a positive post on r/accounting. Current and future accountants, you have a lot to be optimistic about. by u/manthisis in Accounting Moving on, PwC Australia continues to rack up the Ls. Good morning and happy Monday!

Account 52

Account accountant accounted audit 52

Ryan Lazanis

SEPTEMBER 19, 2023

In this post, we’ll discuss key considerations for effective accounting website design and showcase a variety of inspiring examples that can guide your own creative approach. 1) Focus on the Client Your website is a marketing tool that will communicate how you will improve the lives of your clients. Let’s go!

Account 98

Account accountant accounted bookkeeping 98

ThomsonReuters

MARCH 17, 2023

Accounting has never been known for its “cool factor,” but platforms like Checkpoint Edge are working to change that. The industry is facing significant challenges as more accounting professionals are leaving than joining it. How can firms bridge gaps in experience? And no, it is not for lack of demand.

Tax 59

Tax CPA Gaming Account 59

ThomsonReuters

JULY 9, 2021

Download the full 2021 State of the Corporate Tax Department report to learn how 800+ tax professionals have upskilled team members, met multi-jurisdictional tax demands, and effectively adopted new technology solutions. __. Hiring more qualified tax professionals, cited by 31%.

Tax 52

Tax corporation tax Technology Sales 52