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Navigating ESG Reporting Pitfalls: A Guide to Mitigating Potential Failures

CPA Practice

While it is exciting that organizations are stepping up to pursue responsible practices en masse , the reality is that the onus to comply with related reporting requirements is on accounting and finance professionals. Financial teams must routinely track and manage lease records, and properly record and report this data to sustain compliance.

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Avalara Unveils eInvoicing Software For Tax Compliance In India

PYMNTS

The solution comes on top of the technology firm’s array of offerings to bolster the GST compliance experience for companies in the country, according to a Wednesday (Sept. 16) announcement. As a result, companies can reduce the complexity of their digital invoice management at scale.

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New WCO product classifications are here. Are companies ready?

ThomsonReuters

Global trade teams need robust strategies, processes, and tools to ensure their companies are in compliance with these new rules and avoid supply chain disruptions, said Suzanne Offerman, senior product marketing manager for ONESOURCE Global Trade Management at Thomson Reuters. The costs of global trade non-compliance.

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Generative AI: considerations for small businesses

Xero

Soon-Ee finished on a human note, with some reassurance that people are not about to be replaced en masse by these technologies. In a discussion led by Xero’s GM of AI Products, Soon-Ee Cheah, we explored both the benefits and potential pitfalls of tools like ChatGPT. They come with an economic value that is decoupled from efficiency.

Legal 85
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Is ‘Embedded Regulation’ The Key To Stablecoins’ Success?

PYMNTS

With a nod specifically to Libra, the report noted that the digital offering could be embraced by Facebook users en masse. Embedded supervision, according to the report, should seek to reduce the costs of compliance, thus “leveling the playing field” for small and large institutions. The Value Of CBDC .

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Digital transformation in tax: K-1 Analyzer paves the way to automation

ThomsonReuters

Traditional tax roles often include planning to decrease tax liability and increase cash flow, traditional reporting to ensure compliance with current laws and regulations, and analyzing risk to manage exposure appropriately. To learn more about accounting solutions from Thomson Reuters, visit tax.thomsonreuters.com/us/en/k-1-analyzer.

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New Report: Mercado Pago On How Mobile Bridges The LatAm Banking Gap

PYMNTS

The European Union’s financial authorities are monitoring how the pandemic may be affecting banks’ and FinTechs’ compliance with rules such as the General Data Protection Regulation (GDPR) and the revised Payment Services Directive (PSD2), for example.