PYMNTS

SEPTEMBER 24, 2018

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.

corporate accounting

PYMNTS

SEPTEMBER 21, 2017

The solution is integrated into Gappify’s cloud accounting software and can complete various tasks related to accounts payable, accounts receivable, payroll and other cash management functions, the company said. Gappify isn’t the only company to design a bot for corporate accounting purposes.

corporate accounting

CPA Practice

MARCH 19, 2024

Freelance talent platform Upwork has conducted a study that reveals which types of skills are most important to accounting firms and corporate accounting departments when adding new employees to their rosters this year.

bookkeeping

PYMNTS

MAY 20, 2020

To help real estate investors contend with the increasingly complicated accounting and compliance work particular to real estate, Avignon Capital , a European firm, has rolled out a new in-house corporate accounting offering. Comer will spearhead the initiative.

Real Estate

Going Concern

NOVEMBER 14, 2023

Now that you bravely skimmed four entire paragraphs of icky words, here are national average salaries for various accounting positions according to the report.

accountant salary

CPA Practice

FEBRUARY 21, 2023

as well as Taiwan and Australia, and they represent a broad spectrum of the accounting profession including small tax-focused firms, general practices, national firms, corporate accountants, accounting educators, accounting technology consultants , and technologists, and all are well-known speakers at tradeshows and CPE events.

CPA

PYMNTS

SEPTEMBER 8, 2020

That means chief financial officers and treasurers must constantly monitor how much money is in corporate accounts, know exactly what’s available, and where receivables and payables activity stands at any given time (which of course affects those accounts).

Technology

Cherry Bekaert

JUNE 5, 2024

In response to the talent shortage and the declining number of certified public accountants (CPA) professionals, many corporate accounting departments are relying on professional services firms to fill the gaps.

accountant

PYMNTS

OCTOBER 21, 2020

With the new funding, Finexio is looking at continuing to streamline and optimize the last mile of the corporate accounts payable process.

AP Processes

PYMNTS

NOVEMBER 4, 2020

The receiver sees margins and cash flows improve as they don’t have to open up those envelopes, and they don’t have to have as many points of contact (literal ones) to get the checks scanned or funds ultimately into corporate accounts.

Gaming

Cherry Bekaert

SEPTEMBER 26, 2023

The bill, also known as the Climate Corporate Data Accountability Act (CCDAA), will require more than 5,000 U.S. corporations earning over $1 billion and doing business in California to annually report their global emissions of carbon dioxide and other planet-warming gases.

California

CPA Practice

JULY 3, 2024

Nearly half (46%) of accountants have encountered situations where errors in their work resulted in financial losses for both their company and clients. A staggering 72% of accountants who experienced these errors report either personal or corporate accountability, underscoring the critical need for enhanced safeguards within the industry.

Technology

PYMNTS

APRIL 10, 2020

Having integrated with dozens of ERPs, the portal also recently announced connectivity with corporate accounting and finance technology firm Sage to augment its data capture capabilities. But streamlining the financial close process today isn’t only about data integrations with financial platforms, according to Heffernan.

Technology

PYMNTS

NOVEMBER 9, 2020

I really don’t think in today’s day and age that you can ignore the AP or the AR digitization question,” Dearborn said of the increasing merge of the corporate accounts payable and accounts receivable functions. And apparently, he’s not alone.

accounts payable

Going Concern

SEPTEMBER 6, 2023

To summarize most of the article: barrier to entry, US workforce hemorrhaged 334,000 accountants and auditors in two years, pipeline pipeline pipeline, blah blah. Companies, not just CPA firms, are struggling to fill senior accountant roles and jobs for accountants with three to five years of experience.

Minnesota

PYMNTS

JANUARY 26, 2018

Corporate accounting software is now a continually evolving space, but progress doesn’t occur in a vacuum: External forces and trends, from changing regulations to increased adoption of FinTech by the enterprise, force businesses to adjust how they record and report financial data. Open Banking initiatives in the EU, U.K.,

general ledger

PYMNTS

JULY 3, 2020

Corporate accounting software can use open banking to automatically access bank information rather than rely on outdated and insecure practices like screen scraping. Payments providers can automatically access payment data to seamlessly transfer funds between banks without building custom software for each bank with which they connect.

B2B

PYMNTS

JANUARY 10, 2019

Now, analysts at the International Federation of Accountants (IFAC) are urging ERM to move beyond the c-suite. Professional accountants are well-positioned to better serve the organizations they work for by enabling effective enterprise risk management that identifies both risks and opportunities for the business,” the CEO noted.

Finance

PYMNTS

JANUARY 18, 2021

Tide provides corporate accounts and adjacent banking offerings. Singh worked for PayU , a payment service company, in the past and has significant experience helping Indian small- to medium-sized businesses (SMBs) for a number of years, the report stated.

corporate accounting

PYMNTS

SEPTEMBER 28, 2017

The future of the corporate accountant 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 corporate accountants are jumping ship, however.

accountant

PYMNTS

JANUARY 22, 2019

Instead, the innovation is seen as a tool that can help automate some of the most mundane tasks for financial professionals, leaving experts — including SMB accountants — with more time to focus on value-added operations.

Technology

PYMNTS

DECEMBER 9, 2020

Corporate finance has shifted during the pandemic. Ross Hampton , head of business development for the Americas at CaseWare , recently told PYMNTS that the shift of a corporate accountant from a number cruncher to a strategic advisor would now include finding ways to navigate the pandemic and plan for the future.

Finance

PYMNTS

SEPTEMBER 26, 2017

But, tools like electronic payments and cloud accounting software are far from the only forces that alter the corporate accounting landscape. According to Jotham Ty, CEO of corporate accounting software firm Gappify , the rise of an array of business models is one of the strongest factors behind the corporate accounting shift.

Technology

PYMNTS

DECEMBER 7, 2020

This week's B2B Digest looks at how corporate finance scams come in all shapes and sizes, from employee expense fraud to invoice falsification. PYMNTS breaks down the numbers behind the latest cases below.

Ohio

PYMNTS

JANUARY 27, 2020

As detailed in the report, California’s Assembly Bill 5 may be an unwelcome disruption for gig workers, even as it attempts to bring fairness and corporate accountability to their lives. It’s anybody’s guess how gig economy market dynamics will shake out at this point. New York State’s Dependent Worker Act is similar.

AP Automation

PYMNTS

MARCH 6, 2019

Corporate accounting 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

Finance

PYMNTS

NOVEMBER 14, 2016

According to their announcement, the joint venture will develop an integrated payments platform, allowing businesses to book accommodations via Airbnb and bill corporate accounts straight from the interface.

Expense Management

PYMNTS

MARCH 6, 2019

Corporate accounting and consultancy firm Ernst & Young is rolling out a new accounting solution designed to help businesses manage their crypto assets. EY announced in a press release this week that its new crypto accounting tool targets the tax preparation process.

Tax

CPA Practice

JUNE 27, 2024

All donations and scholarship awards will be managed by the AICPA Foundation, established in 1922 to advance accounting as a learned profession and promote its future through accounting education and outreach, scholarships and fellowships, and diversity and inclusion.

CPA

PYMNTS

DECEMBER 5, 2016

Earlier this year, Microsoft announced that its corporate accounting service, Dynamics AX, would be moved to Azure and operate entirely on the cloud, a move analysts said represented a big leap of faith on Microsoft’s part for enterprise cloud solutions.

corporate accounting

PYMNTS

JUNE 23, 2017

Corporate Accounting. million in fresh funding for Canada-based Hubdoc is a show of support for the company’s cloud accounting solution, which targets automated financial document collection and processing. and Italy, bringing its employee spend management tools into new regions.

B2B

PYMNTS

FEBRUARY 13, 2019

In the accounting space, that means integrations with enterprise resource planning (ERP), accounts receivable, accounts payable, procurement, banking and other portals. “But it’s not because of technology hurdles.”

Finance

PYMNTS

APRIL 18, 2019

A new technology protocol announced by corporate accounting and auditing firm Ernst & Young (EY) aims to secure transactions made over public Ethereum blockchain.

auditor

CPA Practice

JULY 24, 2023

During those years, Jafari withdrew large amounts of cash from corporate bank accounts and used money from the PRAD Group’s corporate accounts to pay for various personal expenses, including several luxury vehicles. Jafari evaded the payment of at least $1.5 million in taxes. Assistant Attorney General Kenneth A.

Georgia

PYMNTS

NOVEMBER 5, 2018

s Financial Reporting Council is reportedly stepping down from the position amid continued scrutiny that the FRC lacks effectiveness to prevent corporate accounting scandals and industry failures. The head of the U.K.’s Reports in Reuters on Friday (Nov.

corporate accounting

PYMNTS

JANUARY 16, 2019

based challenger bank, is expanding its existing partnership with digital payments company PrePay Solutions (PPS) to add corporate accounting and invoicing to its platform. Coconut , a U.K.-based

corporate accounting

PYMNTS

OCTOBER 5, 2017

Corporate accounting software company Gappify, for instance, announced only weeks ago that it is rolling out an RPA-fueled bot to automate many accounting processes — that is, to automate processes without requiring human intervention to initiate that automation.

Technology