Remove tag responsible-data-use
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How a continuous close leads to more accurate forecasting, better time management, and more.

Airbase

Fast responses demand accurate and up-to-date data. Because a continuous close provides up-to-date data, financial information reflects what’s actually happening more accurately, instead of what happened last month The power of real-time data. In order to make informed decisions, executives need up-to-date information.

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COUNTERPOINT: IRS Should Not Be Trusted With Direct File

CPA Practice

This year, the IRS has launched a pilot program dubbed “Direct File” through which Americans can opt to have the IRS prepare their taxes for free (well, except for the billions of taxpayer dollars used to create the program). The IRS wants to eliminate Americans’ reliance on private-sector tax-preparation services. ABOUT THE AUTHOR: David B.

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Virtual card payments and their benefits for accounts payable departments.

Airbase

Use virtual cards to generate cost savings. In simple terms, a virtual card is an automatically generated card number that can be used online anywhere that credit cards are accepted — think of it as a virtual terminal. It’s not just that people are more responsible with money, it’s that they’re more independent.”

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Should You Transition to a Paperless Office (and What CRA Has to Say about It)

Ronika Khanna CPA,CA

Business owners should make sure that they have possession of the documents, even if bookkeeping is outsourced to an accountant or bookkeeper, since it is their responsibility to produce the documents when requested. By being able to use electronic and scanned documents, a major obstacle to a paperless office is removed.

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Accounting software specialist bright launches brighttax, a new cloud-based tax and compliance product

Accounting Insight

In response to the increasing surge in businesses migrating to the cloud, its new software will match the engine and support that drives award-winning BTCSoftware for desktop with a streamlined and efficient interface to create a new tax and accounts product for UK accountants.

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Google: State-Backed Hackers Behind Coronavirus Phishing Attempts

PYMNTS

Security experts at Google have identified over a dozen government-backed hacking groups trying to use the coronavirus pandemic to fuel malware and phishing attempts. Google’s Threat Analysis Group (TAG) said hackers had been targeting the World Health Organization (WHO), as revealed in early April by Reuters.

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Uber Faces Lawsuit By British Drivers

PYMNTS

A group of Uber drivers in England have filed suit against the ride-hailing company for its alleged failure to provide access to data and an explanation of algorithmic management. They are asking the court to order Uber to comply with the data protection law or be fined 10,000 euros ($11,443) for each day it continues to violate the law. .