ThomsonReuters

MAY 22, 2024

From allowing for a remote work environment to eliminating the need for on-site data centers, cloud-based solutions have fundamentally changed how businesses operate, approach staffing, and serve clients. Is your firm among them? Those who fail to do so risk losing their competitive edge. It is a risk that firm leaders cannot afford to take.

Accounting Firms 52

Accounting Firms Technology Finance Compliance 52

ThomsonReuters

JANUARY 12, 2023

While some think automation may take the place of an accountant or auditor, firms with a forward-thinking mindset have shifted their services to more value-added “human touch” advisory offerings to grow their business—while letting the robots handle mundane tasks. . The same holds true for audit technology. .

Accounting Firms 52

Accounting Firms Technology Compliance Start-ups 52

ThomsonReuters

MAY 17, 2024

The journal said that businesses in the United States are losing a trillion dollars a year due to voluntary turnover. Employee disengagement represents a significant drain on productivity and profitability for businesses. ” At the global level, employees who are not engaged, or who are actively disengaged, cost the world $8.8

Technology 52

Technology Compliance 52

ThomsonReuters

APRIL 4, 2022

Sure, your firm’s tax compliance software does its job, but you know that there’s room for significant improvement. Documenting the struggles can also help you outline the most impactful benefits a new tax compliance solution has to offer your firm and further illustrates to your boss the need for change. Let’s take a closer look.

Compliance 98

Compliance Start-ups Accounting Firms Technology 98

ThomsonReuters

SEPTEMBER 19, 2023

Jump to: Job security: AI is an enhancement, not a replacement Making AI work for you: Best practices for tax professionals A collaborative future with AI The dawn of artificial intelligence (AI) has sparked concerns across various industries about the potential replacement of human workers with machines.

Technology 52

Technology Start-ups Compliance Data Analysis 52

Audit Board

SEPTEMBER 29, 2023

In today’s data-driven business environment, ineffective cyber risk management can pose a serious threat to achieving strategic business objectives. For insurance organizations, staying ahead of cyber risk should be a top priority to safeguard business growth and expansion opportunities. To get the PDF version, download here.

Compliance 52

Compliance Technology Finance Marketability 52

ThomsonReuters

NOVEMBER 8, 2022

Most accountants know that choosing the right accounting technology can boost the ability to serve clients, satisfy staff, and build deeper client relationships.?But But how do you take full advantage of technology to streamline accounting processes? . The result? The result? uncovering new opportunities. . Take inventory of systems.

Start-ups 105

Start-ups Technology Accounting Firms Compliance 105

Audit Board

SEPTEMBER 7, 2023

What does “good” ESG governance and strategy look like, and how are companies integrating it with existing risk and compliance governance structures? Since ESG risk and responsibility span the organization, companies must find ways to improve collaboration and centralize governance. Who should own it?

Compliance 52

Compliance Start-ups Specific Risk Marketability 52

ThomsonReuters

MARCH 2, 2023

Today, tax technology eases the compliance burdens that once plagued the profession. Today, tax technology eases the compliance burdens that once plagued the profession. Today, tax technology eases the compliance burdens that once plagued the profession. These actions are not relegated to personal relationships alone.

Compliance 59

Compliance Start-ups Technology Accounting Firms 59

Audit Board

DECEMBER 25, 2022

With increased regulatory scrutiny on cybersecurity, third-party exposure, and Environmental, Social, and Governance (ESG), compliance risk was a major concern for organizations in the past year. In 2022, AuditBoard hosted 40 audit, risk, and compliance webinars that attracted over 40,000 attendees. 2022 Compliance Webinar Trends.

Compliance 52

Compliance Start-ups Technology Equity 52

Audit Board

SEPTEMBER 14, 2023

An effective vendor risk management process allows companies to identify risks associated with third-party vendors, understand the impact of third-parties on the organization, meet compliance and regulatory requirements like GDPR and HIPAA that require VRM controls, and foster mutually beneficial vendor relationships. What is Vendor Risk?

Compliance 52

Compliance Start-ups Accounting Firms Technology 52

ThomsonReuters

APRIL 15, 2021

Business needs are changing, requiring companies to seek new strategic capabilities. Modern businesses face unique challenges when trying to grow and stay competitive in a rapidly changing business environment. How CPA firms can help businesses at various stages that are seeking help to evolve.

Accounting Firms 96

Accounting Firms Compliance Technology Finance 96

ThomsonReuters

MARCH 16, 2023

T he modern auditor must bridge the gap between business insights and innovative technology. For example, a compliance audit could be conducted to verify that workers’ compensation pay is being properly reported or the terms of a bond indenture are being followed. What are the main types of audits? What are the main types of audits?

Technology 59

Technology Compliance 59

Audit Board

JUNE 13, 2022

Integrated risk management (IRM) is a strategic and collaborative way for organizations to manage risk across their entire group. This strategy accepts risk as a part of doing business, and pulls it into a company’s culture so that the organization manages risk as a part of both daily operations and long-term strategy.

Compliance 52

Compliance Technology Start-ups Marketability 52

ThomsonReuters

JANUARY 12, 2023

In addition to helping businesses and individuals follow the required accounting standards and tax laws, accountants are increasingly capitalizing on new ways to utilize their knowledge and experience to make a positive impact on the clients they serve. . One of these expanded service areas is audit. . Let’s start from the beginning.

Technology 59

Technology Compliance Start-ups Accounting Firms 59

Audit Board

OCTOBER 16, 2023

Modern ERM teams are tasked with identifying and reporting on the top risks that might prevent their organization from achieving its business objectives. Yet, there is growing evidence that these ERM programs are not doing enough to protect their businesses from operational risk events linked to their unique risk profiles.

Start-ups 52

Start-ups Banking Technology Compliance 52

Audit Board

JUNE 29, 2023

The widespread adoption of digital transformation, accelerated since the onset of COVID, has created an urgent need for Information Security, Compliance, and Risk teams to navigate the risks associated with emerging software. How often have you heard the phrase, “We need to implement automation,” over the past year?

Start-ups 52

Start-ups Compliance Technology 52

ThomsonReuters

JULY 11, 2023

That relationship was shifted into higher gear by the onset of the COVID-19 pandemic as many companies turned to their tax and accounting professionals to help keep their businesses afloat. They need help ensuring compliance and developing strategies to reduce their tax liabilities. Is your firm among them?

Compliance 75

Compliance Marketability 75

Audit Board

FEBRUARY 13, 2023

Auditors in financial services face a broad spectrum of challenges as they tackle a dynamic and complex regulatory environment, rigid frameworks, and dated audit technology. A successful transition to agile auditing aids in overcoming these challenges and prepares the audit function for the rapidly evolving risk landscape of the future.

Start-ups 52

Start-ups Technology Banking Compliance 52

Audit Board

AUGUST 23, 2023

Securities and Exchange Commission’s (SEC’s) final cybersecurity disclosure requirements for public companies taking effect in September 2023, it’s about to get real. That’s the core message behind the heightened regulatory focus on cybersecurity — and with the U.S. The risk is widespread and likely underreported. You’re right.

Compliance 52

Compliance Technology Start-ups 52

Audit Board

MARCH 24, 2022

Risks stem from a range of sources, including technology, natural disasters, internal systems, legal liabilities, company branding, compliance needs, and more. What Are the Biggest Challenges in Risk Management Today? Here are the top challenges to look for: 1: ESG Risks. 2: Supply Chain Issues.

Start-ups 75

Start-ups Compliance Technology 75

Audit Board

AUGUST 8, 2023

Enterprise risk management is a methodology of risk management, taking a top-down approach to the risk management process, and taking into account the organization and senior management’s business objectives and strategic objectives. The practice of risk management has a long history, with origins dating back to the 1920s.

Compliance 52

Compliance Start-ups Technology Marketability 52

Audit Board

AUGUST 1, 2023

IT Risk Management practices can have a significant positive impact on an organization’s information risk posture, with a focus on inventorying, identifying, and prioritizing risks. The SEC recently adopted their proposed rules, including those regarding Cybersecurity Risk Management on July 26, 2023. million.

Technology 52

Technology Start-ups Compliance Marketability 52

ThomsonReuters

OCTOBER 1, 2022

Understanding your specific challenges is key to adopting an effective business strategy and spurring organic growth. Understanding your specific challenges is key to adopting an effective business strategy and spurring organic growth. For today’s tax and accounting professionals, the name of the game is doing more with less.

Accounting Firms 59

Accounting Firms Compliance Technology Finance 59

Audit Board

JUNE 29, 2023

The widespread adoption of digital transformation, accelerated since the onset of COVID, has created an urgent need for Information Security, Compliance, and Risk teams to navigate the risks associated with emerging software. How often have you heard the phrase, “We need to implement automation,” over the past year?

Start-ups 40

Start-ups Compliance Technology 40

ThomsonReuters

APRIL 18, 2023

The accounting profession has faced a profound shift in recent years: from significant regulatory changes to an influx of innovative technologies, to reimagined business models, to an increase in client expectations. What are the current issues in accounting? but there are several common hurdles that often run industry wide.

Technology 52

Technology Compliance Start-ups Finance 52

ThomsonReuters

NOVEMBER 8, 2022

This profound shift has created a pathway to improving operational efficiency, seamlessly achieving compliance, and fostering more meaningful relationships with clients. . How is information technology used in accounting? How is information technology used in accounting? Today, technology has changed the accounting industry.

Technology 98

Technology Accounting Firms Start-ups Compliance 98

Audit Board

FEBRUARY 2, 2023

Compliance needs are mission critical in 2023. As Forbes reported a few months ago, compliance is a top business priority. Companies that don’t take data privacy and other compliance laws into account face significant fines and potential damage to their reputation and bottom line.

Compliance 52

Compliance Technology Marketability 52

Audit Board

MAY 10, 2023

Securities and Exchange Commission (SEC) cybersecurity disclosure requirements for public companies within the next couple of months, it’s about to get real. Securities and Exchange Commission (SEC) cybersecurity disclosure requirements for public companies within the next couple of months, it’s about to get real. You’re right.

Compliance 98

Compliance Technology Specific Risk Start-ups 98

ThomsonReuters

JANUARY 16, 2024

Jump to: What are the benefits of remote 1040 client collaboration? As technologies increasingly integrate into business functions, they create significant vulnerabilities in organizations that have more and more devices connecting to those business functions.

Technology 64

Technology Compliance 64

ThomsonReuters

APRIL 6, 2023

Whether you’re an accountant, a small business owner, or a professional working within an organization, understanding what accounts payable is and how it works is essential. As an important cash flow indicator, accounts payable is a sign of the health of a business. Once they are paid, the items are removed from the balance sheet.

Banking 52

Banking Technology Start-ups Accounting Firms 52

ThomsonReuters

FEBRUARY 13, 2023

With sophisticated diagnostics, accountants no longer have to enter information, detect blank fields, or search for numbers that don’t add up. By linking tax returns using a tax ID number, the same changes don’t have to be made across multiple documents. Errors are caught automatically — before it’s too late to fix them.

Accounting Firms 59

Accounting Firms Technology Start-ups Compliance 59

Audit Board

MAY 3, 2023

Each member of an organization plays a critical role in ensuring a strong internal control environment to protect company assets, ensure completeness and accuracy of records, comply with laws and regulations, drive operational efficiency, and ultimately help the business meet its objectives and goals by managing risks effectively.

Compliance 52

Compliance Technology Start-ups 52

Audit Board

AUGUST 29, 2023

This article originally appeared on the Chartered IIA Technical Blog. Internal audit functions often build data warehouses and engage with data governance forums, enabling better insights for clients and audit committees. It can feel overwhelming and often comes with a sense we are already late to the party.

Technology 52

Technology Start-ups Compliance Finance 52

Audit Board

MARCH 15, 2023

In our time on the Product team at AuditBoard, we’ve worked with customers who have very diverse audit, risk, and compliance programs, but they all have something in common: every single one has an ecosystem of applications that work together in some form for the organization to manage risk. What Is an Integration?

Compliance 52

Compliance Start-ups Enterprise Value 52

Audit Board

DECEMBER 12, 2022

IT Audit Manager at Syniverse, share how their team leverages AuditBoard’s connected risk platform to align activities across audit, risk, and compliance. Effectively managing talent and resource planning by centralizing information in a single source of truth. The mission of Syniverse is enabling mobile operators.

Compliance 52

Compliance Start-ups Technology 52

ThomsonReuters

AUGUST 29, 2023

Like many industries, the accounting profession is in the midst of profound change. The impetus behind this transformation is technology—and the firms who are moving fast to leverage it are boosting productivity, strengthening client relationships, and staying ahead of the competition. Let’s take a look. A single source of truth.

Start-ups 52

Start-ups Technology Accounting Firms Compliance 52