Accounting

October 4, 2021 

Everyone wants to remain competitive and stay relevant for their clients. The tax and accounting profession is changing every day due to increased, and continued use and reliance on, technology to perform basic functions, including data ...

October 4, 2021 

As more of our day-to-day lives become dependent on technology and as software plays a growing role in critical national infrastructure, it is important to understand how such challenges can be addressed. The report’s author, computer scientist Junade ...

October 4, 2021 

Accountants are constantly bogged down in busy work and other mundane tasks instead of tackling true priorities. By embracing automation, financial organizations can cut down significantly on these hurdles and free up their accounting teams to address ...

October 4, 2021 

No one can argue that the pandemic changed how most every business operates, impacting multiple core business processes. Businesses had to shift to a work-from-home scenario resulting in all financial processes being operated in a “decentralized” manner.

October 4, 2021 

The Indiana CPA Society's statewide 17th annual CPA Day of Service was Sept. 24, when teams from 13 companies completed 16 service projects in 10 Indiana communities: Avon, Elkhart, Goshen, Indianapolis, Lawrence, Muncie, Munster, South Bend, West ...

September 29, 2021 

Accounting firms established by pioneering Black CPAs decades ago created an indelible legacy within the accounting profession. Built by Black CPAs who succeeded despite adversity, the firms continue to play an important role in the profession’s ...

September 29, 2021 

Many businesses are preparing for working conditions to return to normal sometime soon—but the definition of “normal” continues to change dramatically. The realities of the business world in light of the pandemic make previously predictable ...

September 29, 2021 

After ample lead time and a COVID-19-related extension, private companies can’t afford to wait any longer to implement the new lease accounting standard. Public companies have had to comply with new accounting practices for ASC 842 since 2019, and the ...

September 29, 2021 

When asked what would most inspire them to become a CFO, 45% said a high salary was the top inspiration. Other inspirations included managing financial operations (28%), working closely with a company's CEO to influence and make key business decisions ...

September 29, 2021 

Public accountancy has been one of the top industries ripe for disruption over the last decade. It’s a topic that SEC’s Commissioner Kara Stein used as her focus for an international address at the Chartered Accountants Hall in London back in 2015.

September 28, 2021 

The 2021 CCH Connections User Conference kicks off with Internal Revenue Service (IRS) Commissioner Charles Retting delivering a virtual keynote. The second day will feature a live in-person keynote presentation by Marc Randolph, cofounder of Netflix ...

September 28, 2021 

Risk is involved any time money changes hands. Accounts payable departments are constantly under attack from bad actors trying to trick them into sending money to fraudulent bank accounts. However, tight internal controls, ongoing training, and ...