July 9, 2020
AICPA News: July 2020
AICPA News is a roundup of recent announcements from the association.
July 7, 2020
AICPA PFP Conference at ENGAGE 2020 Focuses on Financial Planning during COVID-19
The CARES Act, market volatility, Social Security strategies and the impact of COVID-19 on financial planning have brought numerous challenges and opportunities to the ever-changing financial planning landscape.
June 18, 2020
New AI White Papers for CPAs Explore Evolving Role in the Audit
With Artificial Intelligence (AI) increasingly impacting business and auditors, Chartered Professional Accountants of Canada (CPA Canada) and the American Institute of CPAs (AICPA) have partnered to produce two new white papers on the topic.
June 17, 2020
Avalara Adds AI for Classification and Taxability for Sales Taxes
Avalara, Inc. has added a new artificial intelligence (AI)-based tax classification tool that allows Avalara AvaTax users to quickly and efficiently classify their products or services to aid in taxability determinations for ...
June 3, 2020
CaseWare Launches New Cloud Solutions to Connect Accountants, Auditors and Clients
Each product is a standalone solution hosted in the secure CaseWare Cloud, providing users with flexibility to choose the product or combination of products that best fits their particular needs as they engage in new ways of working, and giving them assurance that everyone involved will be working from one integrated workflow.
May 8, 2020
Firm Cybersecurity Measures Must Be Proactive and Forward-Looking in Uncertain Times
CPA firms that can strengthen their IT networks, improve their team’s ability to work from anywhere securely and enhance their data protection tools with the future in mind will come out the other side of the coronavirus pandemic stronger than ever before
May 7, 2020
Key AP Automation Trends During COVID-19 and Beyond
The COVID-19 pandemic has affected individuals and businesses in many ways, including creating a heightened need to expedite payments and manage cash flow more effectively. Keeping money flowing between organizations is critical for financial ...
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May 6, 2020
Empire SUITE Partners with Presagia for Compliance Solutions
Empire SUITE, a workflow automation and collaboration solution from WSG Systems, has formed an alliance partnership with Presagia, a provider of absence management solutions.
May 6, 2020
79% of Investors Think CEOs Should Be Accountable for Financial Reporting Errors
According to the survey, 63% of investors demand to know who is accountable if one of their portfolio companies misreports its finances. More than half of those surveyed added that they become frustrated when companies cannot communicate who is ...
May 5, 2020
CPA-as-a-Service: Re-imagining Your Clients as Subscribers
There is a certain amount of agony to the monthly billing cycle. We generate the numbers of hours worked and try to justify the work, anticipating client pushback. The process continues each month in agony, like an unpleasant sequence from Groundhog Day.
April 1, 2020
Tipalti Introduces Tipalti Pi — Artificial Intelligence for Accounts Payable
For every industry, manual invoice processing is a hurdle to efficient payables. Combined with invoice scanning using its built-in, intelligent OCR functions, Tipalti Pi works in the background to assign proper approval routing and General Ledger ...
March 22, 2020
The Case for Upskilling Programs in Accounting Firms
Automation, machine learning, and other technologies have riddled news headlines, influenced political debate and discourse, and is set to change the way we work across industries. Coupled with today's tight labor market, with unemployment hovering at ...