PYMNTS

MAY 16, 2019

And while there are grains of truth mixed into that rather apocalyptic employment narrative, it gets a lot more wrong than it gets right about the automated future. And while there are grains of truth mixed into that rather apocalyptic employment narrative, it gets a lot more wrong than it gets right about the automated future.

Technology 68

Technology Retail 68

Withum

JULY 20, 2021

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72

72

Accounting Insight

APRIL 22, 2024

The use of mobile work tools, vast data analysis and cloud storage will lead to even more offshoring in the future. In the future, companies can expect to gain access to a wider range of skills, shift higher-value tasks back onshore, and improve employee retention at home. This has facilitated the outsourcing of services.

Account 100

Account accountant accounted 100

CPA Practice

APRIL 26, 2024

With the 2024 filing season in the rearview mirror, the IRS provided an update Friday on how well its Direct File pilot program fared this year but said little about what the future holds for its prized tax-filing service. We saw a strong response from the pilot, and Direct File’s users generally found it fast and easy to use.

South Dakota 94

South Dakota Tax New Hampshire Wyoming 94

TaxConnex

APRIL 25, 2024

Chances of errors multiply as fewer people do the work of compliance with more on their plate – sometimes without the proper expertise. Question what your staff can handle: How many of your staffers will it take to handle your current and future sales tax obligations? What resources will your people need to handle this responsibility?

Sales 178

Sales Tax accounting and finance auditor 178

ThomsonReuters

APRIL 17, 2024

Jump to: Perceptions of GenAI How are tax professionals using GenAI ? T raining and policies The future of work New Report: 2024 Generative AI in Professional Services Explore all the latest comprehensive insights into how GenAI is shaping professional services. Will AI replace tax professionals?

Tax 98

Tax tax preparation tax return Technology 98

Going Concern

MAY 20, 2022

The ‘disruptive’ future accounting industry thought-leaders have been paying lip service to for at least a decade is now here in all its automated, analytical glory. There’s no better way to push into that great, uncharted, nebulously-described ‘future’ than to turn your attention to the people pioneering the space.

Pennsylvania 98

Pennsylvania cpas Technology CPA 98

Going Concern

APRIL 3, 2024

Deloitte sharply reduced its office space because of the pandemic and the shift to working from home, closing two of its buildings in central London in 2021 and 2022. At the time, the firm said the move reflected its “ways of working” and “sustainability objectives”.

Government 92

Government Account accountant accounted 92

CPA Practice

MARCH 20, 2024

It’s a multistep process to help these parents plan for a future in which they are no longer around. While the divorce rate among families with special needs is often the topic of great debate, one fact remains certain: The complexity of a divorce proceeding increases exponentially when working with families with special needs.

cpas 111

cpas Government CPA Account 111

CPA Practice

NOVEMBER 20, 2023

The survey data showed that accountants were overwhelmingly positive about the industry’s future and determined to overcome these challenges in the long term. 88% emphasize the importance of AI and machine learning in shaping the industry’s future.

Technology 128

Technology Account accountant accounted 128

RogerRossmeisl

SEPTEMBER 14, 2023

The post IRS Orders Immediate Stop to New Employee Retention Tax Credit Processing appeared first on Roger Rossmeisl, CPA.

Tax 240

Tax Washington CPA business tax 240

CPA Practice

APRIL 10, 2024

Tapping the global talent pool The accounting profession is witnessing a remarkable trend: a growing number of accounting and finance professionals in other countries are expanding their expertise and showing a keen interest in collaborating with or working for U.S. The accounting profession is struggling to deal with a talent shortage.

Technology 106

Technology accounting and finance cpas accounting standards 106

Xero

MARCH 26, 2024

The good news: our teams are busy building a new invoicing product that is going to give you far more flexibility and customisation in the future, with beautiful checkout experiences and unlimited payment methods. We recently announced that we’ll be retiring the older version of our invoicing product — classic invoicing — on 2 September 2024.

Technology 109

Technology 109

CPA Practice

APRIL 22, 2024

The AICPA & CIMA have released their “Redefining Finance for a Sustainable World ” white paper, the latest iteration of their Future of Finance research program. A clear divide has opened up between accounting and finance professionals who work as business partners and those who don’t.

Finance 84

Finance accounting and finance Technology CPA 84

IgniteSpot

APRIL 1, 2024

In the world of entrepreneurship, especially among the do-it-yourself, blue-collar business community, the path to success is often paved with a series of trial and error, hard work, and a never-say-die attitude. Yet, there's an insidious logic trap that many fall into without even realizing it—circular reasoning.

Account 98

Account accountant accounted 98

Going Concern

APRIL 17, 2024

More than half of government client respondents, 57 per cent, said they would not consider using a big four firm for their future needs. More than half of government client respondents, 57 per cent, said they would not consider using a big four firm for their future needs. million in the last quarter of 2022 to $21.8 billion ($2.2

Government 106

Government corporation tax Tax 106

CPA Practice

NOVEMBER 3, 2023

And we do need enough people to get work done, to be productive. Contrary to the panic, I posit that we’re approaching a future teeming with accountants—so many, in fact, that we’ll soon wonder how to fill our newfound leisure hours. A 50-60% reduction in work time and a 20-30% increase in output. Increase college enrollments.

Account 124

Account accountant accounted Technology 124

CPA Practice

FEBRUARY 8, 2024

To address this, leaders must balance the adoption of tools with the risk of tech fatigue, ensuring that technology enhances the work experience for accountants rather than burdening them by compounding existing issues. Adoption of automation is growing across industries. That, in turn, slows processes during busy times.

Technology 111

Technology accounting firms Account accountant 111

CPA Practice

JANUARY 30, 2024

Levels of trust are even lower for those closer to the numbers, with 50% of senior finance and accounting professionals indicating they do not fully trust the financial data they are working with. More than three-quarters (78%) of overall respondents are concerned about another global financial crisis.

accounting and finance 117

accounting and finance Technology Finance Account 117

Going Concern

JUNE 16, 2023

UK office furniture company Furniture at Work has published a hilarious anti-WFH piece called “From Claw Hands to Hunchbacks: How Working From Home Could Affect Our Bodies.” ” The article warns that if you continue to work from home you will end up looking like an enemy from Silent Hill by the time you are 70.

Education 132

Education Start-ups Sales Technology 132

Going Concern

APRIL 4, 2024

The story I’m about to share with you is not directly related to the accounting profession however it’s just as relevant in this sector as any because of the principle at work: ‘AI’ isn’t always AI. In fact, it quite often isn’t. Seattle Seahawks fans win no matter who their team is facing on the field.

Technology 93

Technology E-commerce Account accountant 93

CPA Practice

JUNE 14, 2023

Future talent aged 20-30 also prioritizes behaving responsibly toward the local community, protecting customer data, and following all laws and regulations. And while 70% of future talent says business ethics is more important now than five years ago, this group is less optimistic that compliance rules will be more stringent in the future.

public accounting 105

public accounting Account accountant accounted 105

ThomsonReuters

NOVEMBER 28, 2023

One way to do that is through automation. The younger generation is looking for competitive salaries and benefits packages, work-life balance, career development opportunities, and purpose-driven work. But where do you begin? Let’s take a look. Reflect on your current tax workflow.

Technology 112

Technology Account accountant accounted 112

ThomsonReuters

SEPTEMBER 25, 2023

According to the new report, “Future of Professionals”, 59% of tax and accounting professionals working at firms cited productivity as their top priority, and 55% selected internal efficiency as one of their top priorities. This can save time, reduce errors, and free up professionals to focus on more complex and creative work.

Tax 104

Tax Account accountant accounted 104

CPA Practice

FEBRUARY 23, 2024

Accounting firms and departments face continuous pressure to attract and retain talent due to a persistent shortage of qualified professionals to do the work. The opportunity to work in tandem with advanced technology also provides and finetunes digital skill sets that have become necessities to the profession.

Technology 75

Technology cpas CPA public accounting 75

Ryan Lazanis

APRIL 10, 2024

In this episode, I shared a marketing strategy that might be inefficient but works. The post The Inefficient Marketing Strategy That Works appeared first on Future Firm. A lot of firms struggle with their marketing.

Account 52

Account accountant accounted 52

Accounting Insight

APRIL 8, 2024

Transforming everyday tasks with automation The future of the accounting industry is set to be revolutionised by advancements in artificial intelligence (AI), Natural Language Processing (NLP), and Machine Learning (ML). Embracing these trends will position your accounting company as forward-thinking and well-prepared for the future.

Technology 64

Technology Account accountant accounted 64

Withum

MARCH 27, 2024

Madison shares insights into her career journey, her vision for the future of District Council 16, and advice for young women embarking on their professional journeys. Be the change that you wish to see in the world” – Mahatma Gandhi When you are not working, where would we find you? Madison: You’re taking me back in time!

Nevada 111

Nevada Construction Start-ups Education 111

Cherry Bekaert

OCTOBER 17, 2023

However, this also raises concerns about the future role of human talent in law firms. For example, transitioning to the cloud allows for seamless integration between different systems, saving time and effort when sharing information sharing and working collaboratively.

Legal 98

Legal Technology Gaming 98

CPA Practice

APRIL 16, 2024

While other sectors of the economy are still wrestling with the dilemma of “if, when, and how” to bring their employees back to the office post-pandemic, statistics show that in the accounting profession, the remote workforce remains strong–and by many firms, is the preferred staffing model for the foreseeable future. By Nicole MacMillan.

accounting and finance 105

accounting and finance Entertainment Account accountant 105

CPA Practice

NOVEMBER 16, 2023

However, while a pricing committee focuses on determining the right price for client engagements, a value committee goes a step further to ensure that both the price and the scope of work are aligned. A value committee can help you address these discrepancies and turn pricing into a center of excellence in your firm. The result?

Account 115

Account accountant accounted tax consultant 115

Xero

NOVEMBER 27, 2023

Excited to join us at Xero Summer Series, Bernard said, “Australians are adaptable, aspirational and irrepressibly optimistic about the future. I will make the case and present evidence to show why I have confidence in the future of Australia. The session will stir your creativity and explore innovative ways of working.

bookkeeping 97

bookkeeping Technology Gaming Start-ups 97

Xero

FEBRUARY 28, 2024

However, with Generative AI (GenAI) being one of the more recent exciting and emerging technology developments, it was one of the big areas we wanted to share more detail around how we are approaching it and how we see it impacting accounting in the future. Check out our JAX demo video to see how it will work.

Technology 100

Technology accounting and finance Gaming Start-ups 100