ThomsonReuters

JULY 11, 2023

They are also experiencing an internal struggle to cope with the decreasing talent pool and growing need to use technology to stay efficient. While the fundamentals of accounting remain the same, the processes and skill sets required to execute them are changing. Technology is stepping up to address several of the issues.

Technology 73

Technology Account accountant accounted 73

CPA Practice

FEBRUARY 27, 2024

To help manage these processes, they often turn to a certified public accountant, a technology they can use in-house, or both. as well as global tax, automating the preparation and filing of sales tax returns for all jurisdictions in the U.S. With approximately 85 professional staff in the U.S.,

Technology 52

Technology Tax Sales tax return 52

CPA Practice

AUGUST 10, 2023

The public accounting and consulting firm FORVIS has launched a NetSuite Technology Consulting practice. More than 36,000 customers globally use NetSuite modules for finance/ERP, inventory management, process automation, and omnichannel services. Clients turn to us for more than accounting and tax services.

NetSuite 40

NetSuite Technology accounting and finance public accounting 40

Going Concern

MAY 2, 2024

FTE Accountant | Candidate ID #16071602 Certifications: NA Education: BA Accounting in progress Experience (years): 7+ years of overall experience Work experience (detail): Currently with a public accounting firm Services 15+ monthly clients and 75+ quarterly clients Team leadership and work review experience Prepares 100+ returns during tax season (..)

Real Estate 59

Real Estate Account accountant accounted 59

CPA Practice

APRIL 30, 2024

LinkedIn released its eighth annual Top Companies ranking last week—which identifies the 50 best places for professionals to develop their skills and grow their careers—and five of the largest public accounting firms in the U.S. The five accounting firms that made the 2024 LinkedIn Top Companies and where they were ranked are: 4.

accounting firms 111

accounting firms Account accountant accounted 111

CPA Practice

APRIL 10, 2024

The accounting profession is struggling to deal with a talent shortage. Fewer students are selecting accounting as a major, and those who do often opt for careers outside of public accounting. Don’t overlook automation opportunities, either. While firm leaders tend to use the terms outsourcing and offshoring—i.e.,

Technology 106

Technology accounting and finance cpas accounting standards 106

Going Concern

MARCH 1, 2023

Now thanks to this Bloomberg Tax Opinion piece we find out that the problem is not low salaries nor poor work-life balance nor a distinctive lack of ping pong tables at public accounting firms across the United States. No, it’s that the tech aren’t cool enough. So why is our country facing a shortage of accountants?

Technology 98

Technology Account accountant accounted 98

CPA Practice

MARCH 15, 2024

Hosts Randy Johnston and Brian Tankersley, CPA, talk about the most productive and cost-efficient ways to use Microsoft 365 in public accounting firms. Welcome to Technology Lab. And of course, a lot of people buy those through a consolidator, like Tech Soup, which has wonderful values. March 2024. SPEAKERS Brian F.

Technology 59

Technology Account accountant accounted 59

Xero

JANUARY 9, 2024

Korbyn Gallegos, Director of Accounting, Ignite Spot Korbyn has been a critical player at Ignite Spot since 2015. He chose the accounting field because it’s consistent and concrete, and loves helping hundreds of businesses improve their accounting, reporting and technology systems. Thus LUCA was born.

Alabama 78

Alabama bookkeeping Technology E-commerce 78

TaxConnex

FEBRUARY 27, 2024

“Accountants have long been viewed by people in the profession as underpaid and undervalued compared with positions in tech and banking. Accountants cite low salaries, mundane tasks, burnout and the threat of new technology like generative AI as reasons for considering other industries.” How to fill the need?

Sales 221

Sales Tax Account accountant 221

Going Concern

MAY 2, 2024

And key findings from the 449 Pennsylvania CPAs with 3-10 years of experience in the Current Talent group: The majority of respondents (56.7%) stated they have a higher desire to stay in public accounting, with 73% stating they would like to stay with their current firm.

cpas 64

cpas Pennsylvania Technology CPA 64

Shay CPA

MARCH 20, 2024

At the same time, the American Institute of Certified Public Accountants reports that roughly 75% of its members are eligible for retirement. Jobs in tech promise higher pay with less work required on the front end. Ultimately, the accounting industry may need to shift how it operates to lure in new professionals.

Technology 52

Technology Account accountant accounted 52

CPA Practice

NOVEMBER 7, 2023

Black Ore offers an AI and automation platform that accelerates core workflows for financial services businesses and simplifies the experience for their clients. Black Ore aims to revolutionize the financial services industry with a platform of AI automation solutions.

Technology 59

Technology cpas tax preparation tax return 59

CPA Practice

JULY 9, 2023

the developer of the award-winning cloud-based audit automation platform, has announced aquired Advantage Audit from John Wiley & Sons, Inc. Tailored specifically for accounting professionals, this technology assists users across all attest areas. AuditFile, Inc.,

audit 111

audit auditor Technology financial statements 111

CPA Practice

MARCH 12, 2024

This year’s participants include seven early-stage companies leveraging artificial intelligence aimed at creating efficiencies and enhancing value in services across audit, accounting, tax advisory and firm management. For more information about the Startup Accelerator, please visit  cpa.com/accelerator.

cpas 52

cpas Technology accounting and finance audit 52

CPA Practice

DECEMBER 2, 2023

Advantage Audit AI leverages a patented artificial intelligence engine to optimize and automate the auditing process. The new modules enhance this capability, offering: Real-time analytics and insights Automated trial balance classification and AI-assisted roll-forwards Seamless integration with existing accounting systems. “At

audit 69

audit Technology auditor cpas 69

Going Concern

MAY 20, 2022

For the generations that have provided free technical support to grandparents everywhere since the ’80s and ’90s, it can be difficult to admit that the rapid pace of technological innovation is intimidating at times. Enter the Pennsylvania Institute of Certified Public Accountants’ Annual Meeting coming up on June 1.

Pennsylvania 98

Pennsylvania cpas Technology CPA 98

CPA Practice

FEBRUARY 23, 2024

Amid technological advancements, the audit professional’s role, characterized by a deep attention to detail, compliance and risk management, is proving to be vital well outside the traditional confines of finance. That kind of reliability is the cornerstone for effective application of AI technologies. By Nate Varel.

audit 114

audit auditor accounting and finance Technology 114

Going Concern

FEBRUARY 9, 2024

Three of the firms also joined industry efforts to designate accounting as a science, technology, engineering, and math—or STEM—field, according to federal lobbying disclosures. My buddy from undergrad works office security at one of the Big 4 accounting firms in Midtown. “Win big?

Technology 98

Technology Colorado audit cpa firm 98

CPA Practice

JUNE 21, 2023

Learn how using digital, fillable client organizers, file exchange, document request lists (DRL), and other front-end gathering tools within the SafeSend Suite is a smart technology investment. Shirley Chen is a Digital Transformation Practitioner who specializes in leading changes in the tax & accounting industry.

Tax 80

Tax Technology Indiana Michigan 80

Accounting Insight

FEBRUARY 20, 2023

The evolution of technology and organizational structures has caused a ripple effect on reporting requirements. Solution #1: Invest in technology and employee development Update your firm’s technology so associates can focus on critical thinking, rather than spending time on menial tasks that should be automated.

cpa firm 52

cpa firm CPA accounting careers Technology 52

Cherry Bekaert

OCTOBER 5, 2023

The current economic fluctuations, coupled with compliance and cybersecurity risks, are challenging middle-market businesses and financial teams to streamline accounting processes and leverage digital technologies and data to automate and drive growth. Highlighting Sage Intacct Feature – Use Case Visix, Inc.,

Real Estate 115

Real Estate Account accountant accounted 115

CPA Practice

APRIL 25, 2024

PICPA received survey responses from 323 accounting professionals nationwide who have zero to 15 years of public accounting experience and have left their firm or profession within the past five years. So, why are so many heading for the exits? This group of professionals was called “current talent.”

accounting firms 89

accounting firms Pennsylvania Account accountant 89

CPA Practice

JUNE 30, 2023

developer of the award-winning cloud-based audit automation platform, has announced that an integration with Microsoft Azure OpenAI is generally available to AuditFile users. Tailored specifically for accounting professionals, this technology assists users in all attest areas. AuditFile, Inc.,

Technology 52

Technology audit auditor financial statements 52

CPA Practice

AUGUST 18, 2023

Discover the fastest and easiest way get your firm and clients from “tax ready” to “finish & file” using automation. He is a recognized industry speaker and thought leader, and enthusiast for emerging technologies that impact tax and accounting firms. You deserve more!

Technology 52

Technology Indiana Michigan E-commerce 52

CPA Practice

JULY 27, 2023

A Top Technology Initiative Article – August 2023, With so much coverage of Artificial Intelligence (AI), ChatGPT, and many trying to be “the expert,” I thought it was past time to turn to help you with your AI strategy. How can AI make you a more effective and efficient accountant? What’s a strategy to get that job done?

Technology 98

Technology audit Education accounting and finance 98

CPA Practice

AUGUST 21, 2023

The Role of Technology in Disaster Recovery The advent of technology has been a game-changer in disaster recovery. Cloud-based solutions, automated backups, and cybersecurity measures are now fundamental for any business, especially in the accounting sector. It’s about ensuring stability in the face of unpredictability.

cpas 94

cpas Technology bookkeeping bookkeeping services 94

CPA Practice

MAY 3, 2023

Prior to joining Centri, Blake was an audit partner at BDO USA, LLP, where he drove revenue growth for the firm’s Technology & Life Sciences industry groups. Blake earned a Bachelor of Business Administration in Accounting from King’s College and is a Certified Public Accountant.

Washington 78

Washington Gambling public accounting New Jersey 78

CPA Practice

FEBRUARY 19, 2024

a Top 60 independent Certified Public Accounting (CPA) firm has expanded the leadership team in its Tax Advisory practice through the addition of several new hires. Janelle Merlo , Tax Director, has 20 years of public accounting experience, providing a wide variety of tax and consulting services to a broad range of clients.

New Hampshire 64

New Hampshire audit accounting and finance Non-Profits 64

CPA Practice

NOVEMBER 6, 2023

AICPA News is a round-up of recent announcements from the American Institute of Certified Public Accountants. Carter, Texas Tech University Angelica G. Jefferson, Virginia Commonwealth University DMyrian Frederick, Virginia Tech Isaac L. Castro Cardenas, University of Texas at El Paso Asabé A. That rate eclipses the 4.2%

Texas 114

Texas Georgia accounting and finance Virginia 114

Going Concern

JANUARY 16, 2024

Supposedly accounting is the hottest in-demand remote job : The most sought-after remote job companies are hiring for isn’t in tech, as you might expect. Accountant is the hottest work-from-home job on the market right now. Accountants claimed the top spot in FlexJobs’ annual ranking of the top remote jobs in the U.S.,

Account 117

Account accountant accounted audit 117

ThomsonReuters

AUGUST 3, 2021

About Ford Baker, CPA & CEO BaCo Tech & BaCo Group: Ford has over 35 years of experience in the accounting industry. Ford developed Baco Tech which is a transaction-based workflow system using Excel and various other off the shelf utilities that make gathering and working with data more real-time.

CPA 59

CPA Technology cpas accounting software 59

Going Concern

MAY 16, 2024

Nearly six in 10 Gen Zs (59%) and just over half of millennials (52%) believe the prevalence of GenAI will make them look for job opportunities that are less vulnerable to automation, such as skilled trades or manual labor. Kids, I’m going to give you a piece of advice: don’t wait around for your employer to reskill you.

Technology 59

Technology accounting and finance public accounting Account 59

CPA Practice

MARCH 21, 2023

LeaseCrunch LLC , a maker of lease accounting technologies, has nearly doubled its team as the company achieves record growth. LeaseCrunch now supports over 500 CPA firms (including 43% of the top 400 CPA firms as ranked by Inside Public Accounting ) and 15,000 companies across the nation on its lease accounting software.

cpa firm 52

cpa firm CPA Technology accounting standards 52

PYMNTS

DECEMBER 22, 2020

Many firms are eying new technologies that could accelerate their global B2B transactions amid these shifts. Bringing automation into one’s accounts payable (AP) and accounts receivable (AR) processes can help firms bring payments up to speed and reduce the overall time it takes to process and finalize transactions.

Technology 94

Technology B2B AP Automation accounts payable 94

Going Concern

MAY 12, 2023

Talent Why Graduates Aren’t Hot on Accounting Careers: Low Starting Pay, Onerous Testing [ Wall Street Journal ] For Connor Verrett, an economics major and entrepreneurship minor at Washington & Lee University who expects to graduate this month, that roadblock was among the factors he considered in eschewing an accounting career. “It

CPA 111

CPA Account accountant accounted 111

ThomsonReuters

JANUARY 18, 2024

Accounting professionals are the financial backbone of a company and, in today’s complex environment, they are increasingly providing clients with strategic and forward-looking guidance. In fact, more boards and audit committees are, or will be, looking for accountants who understand AI ’ s potential and limitations. Enter CAS 2.0.

Account 59

Account accountant accounted tax preparation 59