Remove team-accountability-begins-with-personal-accountability
article thumbnail

Managing stress for tax professionals

ThomsonReuters

Make a personal stress inventory 2. Take advantage of wellness benefits The numbers are in, and they reinforce the mental health challenges facing accountants. Long hours and heavy workloads are nothing new for many accounting professionals. Here are some tips for helping accountants to reduce and manage stress: 1.

article thumbnail

3 steps to identify and fix bottlenecks in your firm’s workflow

ThomsonReuters

Every change we face — and we face a lot in the tax and accounting profession — ushers in many variables and decision points that must be accounted for. Here’s how you and your team can come to such a meeting of the minds: Get supplies : you’ll need some sticky notes, markers, and red/yellow/green stickers.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Three ways AI can elevate your tax workflow

ThomsonReuters

If you’re part of a small or medium-sized tax and accounting firm, you may think artificial intelligence (AI) solutions are solely designed for large organizations – but think again. To learn more, let’s take a look at three ways accounting firms can use AI as a competitive advantage.

article thumbnail

The future of accounting is here: Are you ready to move forward?

ThomsonReuters

Jump to: What is the future of accounting? Clients are turning to their professional teams, including their accounting firms, to take on more advisory roles. Clients are turning to their professional teams, including their accounting firms, to take on more advisory roles. What is the future of accounting?

article thumbnail

Benefits of in person learning for tax and accounting professionals

ThomsonReuters

Accounting firms need to consider this as their workers begin to return to the office. Accounting firms need to consider this as their workers begin to return to the office. Tax and accounting firms need to invest in learning and development for their employees to retain talent and address succession issues.

article thumbnail

What Documents Are Needed To Sell A Business?

Sun Acquisitions

Personal Financial Statement (to be completed by buyers). Accounts Payable Reports. Selling a business requires the seller to work with a team of experienced M&A professionals including an M&A accountant, an M&A attorney, an M&A business broker just to mention a few. Seller’s Discretionary Earnings.

Finance 98
article thumbnail

How to Facilitate a Culture of Controls Compliance

Audit Board

Accountants and IT professionals will perform their work and then complete internal control tasks once everything else is done. Following these steps takes the burden off the oversight teams and reinforces the need for control owners to take responsibility for their control process. Clearly articulate the roles and responsibilities.