Gen AI Boosts Accounting and Audit Firm Efficiency
Accounting Web
JUNE 10, 2025
Tools purpose-built for accounting and auditing can improve the quality and efficiency of your work.
Accounting Web
JUNE 10, 2025
Tools purpose-built for accounting and auditing can improve the quality and efficiency of your work.
TaxConnex
JUNE 10, 2025
Many companies don’t think about how to handle sales tax obligations until it’s too late. Previously we looked at how such back-office functions as the general ledger , tax calendar and billing system can cause problems with your sales tax compliance. Is it worth your time to pay attention to all these potential potholes? “It’s just sales tax. It’s just putting a number on a form,” you might say.
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Accounting Today
JUNE 10, 2025
Author Login Subscribe ACCOUNTING Accounting Accounting standards International accounting ESG CAS Accounting Accounting standards International accounting ESG CAS TAX Tax Tax preparation IRS Tax Planning Corporate taxes Tax fraud Tax Legislation International taxes Tax Tax preparation IRS Tax Planning Corporate taxes Tax fraud Tax Legislation International taxes AUDIT Audit Audit standards PCAOB SEC Audit Audit standards PCAOB SEC PRACTICE MANAGEMENT Practice management Recruiting Retention Acc
CPA Practice
JUNE 10, 2025
A company that sells automobiles through an auction house claimed a software glitch outside of its control led to the non-filing of Form 8300. Did the Tax Court give the company a pass?
Speaker: Gerald Ratigan
The accounts payable (AP) function is evolving and AI is leading the charge. As finance teams face rising invoice volumes and expectations for speed and accuracy, AI-powered automation has shifted from a futuristic concept to the most practical solution. But for finance leaders, success isn’t just about selecting the right tools, it’s about implementing the right strategy.
BurklandAssociates
JUNE 10, 2025
Most founders underuse their boards. Here’s how to build a startup board that challenges you, supports you, and helps your company grow. The post Want a Real Edge? Fix Your Startup Board appeared first on Burkland.
CPA Practice
JUNE 10, 2025
More than 74,000 individuals sat for the CPA exam last year, but only 11 met the criteria to receive the prestigious Elijah Watt Sells Award from the AICPA and NASBA.
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
CPA Practice
JUNE 10, 2025
More than half (52%) of accounting professionals expect their firms' headcounts will be at least 20% smaller in the next five years, with fewer entry-level employees expected to be needed in the future, according to a new report from the Indiana CPA Society and CPA Crossings.
Accounting Today
JUNE 10, 2025
Extreme weather events like wildfires and hurricanes could drop corporate earnings up to 7.3% by 2035, KPMG's 2025 Futures Report found.
Basis 365
JUNE 10, 2025
Let’s start with a familiar feeling: You’re preoccupied with running your business, trying to grow, trying to hire, trying to build something great. And then it hits you, your bank balance doesn’t look like it used to. You pause. You ask yourself, “How long can we last at this pace?” And if that question makes your stomach flip, you’re not alone. Far too many business owners and founders don’t actually know their burn or their runway, two numbers that can make or break your next big move.
Accounting Today
JUNE 10, 2025
Accounting solutions platform Sage announced that its products will come with a new "AI Trust Label" meant to provide customers with accessible information on how AI functions across its product line.
Speaker: Sean Yoder
Nonprofits are under more pressure than ever to demonstrate financial accountability while continuing to expand their impact. Traditional budgeting models often fall short, reinforcing silos, limiting flexibility, and stalling growth. Enter collaborative budgeting: a dynamic, team-driven process that enables smarter resource allocation and builds financial resilience at scale.
Canopy Accounting
JUNE 10, 2025
In this webinar, hosted by Rightworks and Canopy, we’ll break down the three major stages of your firm’s tech journey: from manual processes and ad hoc tech workflows to a fully automated, secure, and cloud-hosted firm. Plus, hear real-world examples of firms we’ve worked with that have made the shift and the lessons they learned along the way.
Accounting Today
JUNE 10, 2025
Author Login Subscribe ACCOUNTING Accounting Accounting standards International accounting ESG CAS Accounting Accounting standards International accounting ESG CAS TAX Tax Tax preparation IRS Tax Planning Corporate taxes Tax fraud Tax Legislation International taxes Tax Tax preparation IRS Tax Planning Corporate taxes Tax fraud Tax Legislation International taxes AUDIT Audit Audit standards PCAOB SEC Audit Audit standards PCAOB SEC PRACTICE MANAGEMENT Practice management Recruiting Retention Acc
Ryan Lazanis
JUNE 10, 2025
If you’re still buried in paper documents and manual tasks, this guide’s for you. In this article, I’ll show you […] The post A Complete Guide to Digital Accounting for Firm Owners appeared first on Future Firm.
Accounting Today
JUNE 10, 2025
Many times in professional services firms — and in our own lives — we spend a lot of time talking about doing something, but don't actually do it. Why?
Speaker: Joe Wroblewski, Sales Engineer Manager
Automating time-consuming manual tasks can save your firm hundreds of hours–and thousands of dollars. But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession. You'll want to save your seat for this new webinar with industry expert Joe Wroblewski, where we'll explore how to: Maximize ROI with Cost-Effective Te
Accounting Web
JUNE 10, 2025
For employers, bookkeepers, accountants and agents, the delay to mandatory payrolling of taxable expenses and benefits is welcome but a sign that it is
Accounting Today
JUNE 10, 2025
When you protect your staff from problematic clients through higher pricing or firing clients who can't work well with the firm, you send a strong message.
CPA Practice
JUNE 10, 2025
Those impacted by the wildfires that destroyed at least 530 homes and businesses in parts of Oklahoma last March will now have until Nov. 3, 2025, to file various federal individual and business tax returns and make tax payments.
Accounting Today
JUNE 10, 2025
Eleven accountants were given the Elijah Watt Sells Award, granted to those who earn a cumulative average score above 95.50 across four sections of the exam.
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Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i
Withum
JUNE 10, 2025
On May 10, 2025, Rowan University presented its highest alumni distinction, the Most Distinguished Alumnus Award, to Chris DeMayo , Chief Operating Officer, partner and board member at Withum. This award recognizes his exceptional professional achievements and dedicated service to the institution. The honor was presented during Rowan University’s main commencement ceremony, celebrating Chris’s significant professional accomplishments and valuable contributions to the University and society.
Insightful Accountant
JUNE 10, 2025
For too many years, the accounting profession has been defined by its barriers to entry. From the 150-hour-rule to a notoriously difficult exam, it seems accounting education was designed with exclusivity in mind.
Accounting Web
JUNE 10, 2025
Are you an accountant looking for smarter ways to manage payments and boost your clients' businesses? You're in the right place.
Insightful Accountant
JUNE 10, 2025
In Part 2 of our 6-part AI series, host Gary DeHart welcomes back Diane Gilson—Top 100 ProAdvisor and founder of BuildYourNumbers.com—to explore “The Art of the Prompt” using ChatGPT.
Advertiser: Paycor
Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.
Withum
JUNE 10, 2025
In a global trade environment shaped by unpredictable tariffs , disrupted supply chains and intensifying customs enforcement, importers face mounting pressure to protect margins and maintain compliance. Whether you’re dealing with Section 301 tariffs on Chinese goods or country-specific duty schemes, the cost to bring inventory in to the United States can vary significantly depending on its origin and final destination.
Accounting Today
JUNE 10, 2025
Miley Cyrus shared about her past drug use and how she hid those purchases from her accountant by calling them "vintage clothes.
Insightful Accountant
JUNE 10, 2025
June 30, 2025, at 11:59 PM Pacific time is the deadline for QuickBooks ProAdvisor recertification. If your Level 1 or Level 2 certification was issued prior to November 1, 2024, you must recertify by June 30th.
Accounting Today
JUNE 10, 2025
Rev. Proc. 2025-23 updates the list of 'automatic procedures' for changes in methods of accounting.
Speaker: Victor C. Barnes, CPA, MBA
In the climb from contributor to leader, the rules quietly change. If you’re aiming for the summit, the air gets thinner—and what got you here won’t be enough to get you to the top (a concept first popularized by Marshall Goldsmith in his book What Got You Here Won’t Get You There ). What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level.
CPA Practice
JUNE 10, 2025
Ignition unveiled early plans this week for what it calls "AI-powered pricing intelligence," a brand-new functionality the company is developing that could be released by the end of this year.
Accounting Web
JUNE 10, 2025
This article was penned before Rachel Reeves formally delivered her comprehensive spending review, but will probably be read afterwards.
CPA Practice
JUNE 10, 2025
E-commerce software-as-a-service provider SHOPLINE announced June 10 a new integration with Avalara to help merchants selling in the U.S. simplify sales tax calculation and filing.
Going Concern
JUNE 10, 2025
Center For Audit Quality, the Kool-aid distributors responsible for the Accounting+ initiative that should not be confused with the VR game of the same name , have released their latest Audit Partner Pulse Survey for spring 2025 and oh boy. We shouldn’t be surprised to find out audit partners at the largest public company audit firms in the US aren’t feeling rosy about the future but we didn’t realize they’d be this dour.
Speaker: Kim Beynon, CPA, CGMA, PMP
The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.
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