Technology

June 22, 2022 

With the nature of accountants’ work skewing toward ‘very busy’ each year-end and in the spring, finding new revenue opportunities is understandably pushed to the bottom of an accountant’s priority list until the slower summer months. Don’t let the ...

June 22, 2022 

At the end of May 2022, the agency had a backlog of 21.3 million unprocessed paper tax returns, an increase of 1.3 million over the same time last year.

Isaac M. O'Bannon

June 22, 2022 

The Information Technology Alliance (ITA), an independent membership association of leading mid-market technology professionals, consultants and product/service providers in North America, continued to expand its Client Accounting Services (CAS) track ...

June 22, 2022 

The Public Company Accounting Oversight Board (PCAOB) voted unanimously to amend current auditing rules and introduced a new standard on June 21 pertaining to an audit firm’s use of so-called “other auditors” who lend a hand during the course of an audit.

Jason Bramwell

Firm Management June 21, 2022 

Practice management is the heart and sole of an accounting firm, handling everything from initial client contact to managing workflow, to properly tracking hours and billing clients. When asked, here’s what respondents said were their biggest practice management challenges in 2021.

Mary Girsch-Bock

June 21, 2022 

The new standard, which takes effect in December 2022, is known as ISQM 1: short for International Standard on Quality Management 1. The ISQM 1 standard is meant to ensure a system of quality management at organizations that conduct audits, review ...

June 21, 2022 

Practice management is the heart and sole of an accounting firm, handling everything from initial client contact to managing workflow, to properly tracking hours and billing clients. When asked, here’s what respondents said were their biggest practice ...

Mary Girsch-Bock

June 20, 2022 

AuditFile, Inc., developer of the award-winning cloud-based audit automation platform, has launched a new product, AuditFile PCR+T, which is available to all AuditFile users. AuditFile PCR+T is a new product from AuditFile that incorporates artificial ...

June 20, 2022 

With its new offering, Infrrd is promising its customers they can achieve unprecedented levels of success in the extraction and processing of data from within their documents. This is due to the powerful Artificial Intelligence (AI)-led capabilities found in Infrrd’s proprietary and patented technology. Infrrd’s IDP software platform, coupled with its team of data experts…

Accounting June 19, 2022 

One of my personal goals this year is to increase the amount of automation I use in my work so that technology is working for me instead of me working to maintain the technology. I’ve used cloud-based accounting packages along with Receipt Bank, 1Tap ...

Brian Tankersley

June 17, 2022 

The AICPA and CPA Practice Advisor have announced the recipients of the 2022 Most Powerful Women in Accounting awards, which recognize each for their significant contributions to the profession. The awards were presented during a ceremony at the ...

Isaac M. O'Bannon

June 16, 2022 

As economic conditions continue to unfold, investments in digital transformation, including back-office automation, continue to rise. Organizations of all sizes realize they can’t afford to rely on the old ways of doing business and are turning to ...