Accounting

July 27, 2020 

Novel or transformative? The latter best describes the trajectory of robotic process automation (RPA). A May 1, 2018 article in Forbes Magazine written by Patrick Taylor stated that corporate finance teams spend about 80 percent of their time gathering, verifying, and consolidating data, leaving only about 20 percent for higher-level tasks like analysis and decision making. While...…

July 24, 2020 

We have all experienced an unprecedented crisis. But what if you could help your firm actually emerge stronger in the long run? The truth is, not only can you bounce back, but you can thrive for years to come – if you take this as a wake-up call to reinvent your practice. In this free...…

July 23, 2020 

Instead of a payroll tax cut, the GOP will now back $1,200 checks for individuals who make up to $75,000 a year, exactly as in the March stimulus bill. Mnuchin said that would get money into the economy faster than cutting the payroll tax, which would ...

July 22, 2020 

Payment errors take up an inordinate amount of AP (and AR) time—about 20-30 minutes total per error, by our estimate. This is time spent that adds absolutely no value. In fact, it’s a drain on the bottom line.

July 22, 2020 

With more than $9 trillion spent by governments globally on fiscal interventions in the past three months, the effect of the pandemic on public finances will be both immediate and long-lasting.

July 22, 2020 

The CEOs of 28 state CPA societies have sent a letter to congressional leadership urging them to pass legislation that would close a projected collective budget gap of $555 billion that states and local governments face in this fiscal year and ...

July 21, 2020 

Funding led by Information Venture Partners, with additional investors Seven Peaks Ventures (SPV), NextWorld Capital and many prominent angel investors with deep domain expertise in Fintech.

July 21, 2020 

Big data is critical to business success because it provides leadership with important insights and information. Large enterprises use sophisticated systems to track data and often have internal analysts on their team to crunch their numbers.

July 21, 2020 

Armanino LLP has launched a new Return-to-Work solution suite aimed at helping businesses navigate workplace reopening in a thoughtful, strategic and safe manner. Spearheaded by the firm’s Rapid Response Team, the suite prepares ...

July 21, 2020 

Among the many changes COVID-19 has forced upon the world of work, high in importance is the physical distance it has effected between managers and workers. With a recent survey estimating that 20% of American adults in the COVID-ravaged economy work ...

July 20, 2020 

The “mass experiment” in remote work triggered by COVID-19 is likely to encourage a hybrid remote-physical work environment for the foreseeable future. For accountants and other employees whose primary tasks involve the collection and assessment of ...

July 20, 2020 

The AICPA says that Congress must address taxes, PPP forgiveness, remote work issues, local government support and liability protections in the next round of Covid relief.