ThomsonReuters

JUNE 22, 2023

In fact, 70% of businesses that added automation to their accounting processes reported a stronger ROI. The first recommendation was to incorporate PowerBI to pull specific dimensions and elements from GoFileRoom and FirmFlow to surface data using visualizations. What are APIs and how do they work?

Accounting Firms 98

Accounting Firms Technology 98

ThomsonReuters

FEBRUARY 15, 2024

The  Future of Professionals report highlights many of these growth opportunities and the strategies that need to be implemented to accelerate and optimize AI adoption for growth and innovation. Routine tasks such as tax compliance, reporting, calculations, analysis, and planning which take up hours can be done in minutes, even seconds.

Accounting Firms 105

Accounting Firms Compliance Finance Marketability 105

Appraisers Blog

MAY 15, 2023

Ask the logic challenge question why the lenders would want appraisers to rely on these unlicensed third party pdc’s, but still insist the appraiser not be shown full home inspection reports from qualified certified home inspectors? irregardless if those lifelong career home inspectors are required to be state licensed or not).

Appraisal 97

Appraisal Marketability 97

ThomsonReuters

MARCH 22, 2022

Tip 5: Use visual aids. Visual aids, as well as any form of written communication, are especially important during meetings. Instead, consider incorporating visual aids, such as: Graphs. Because trust is central to communication between CPA firms and clients, transparency needs to be the foundation of your communication style.

Accounting Firms 98

Accounting Firms Start-ups Technology 98

ThomsonReuters

APRIL 8, 2024

Future of Professionals Report How AI is the Catalyst for Transforming Every Aspect of Work View report The impact of AI on business protection Mitigating risk and staying on top of the latest tax law changes to protect the welfare of the business has long been critically vital for the profession. Enter artificial intelligence (AI).

Compliance 52

Compliance Accounting Firms Technology Marketability 52

ThomsonReuters

FEBRUARY 15, 2024

The  Future of Professionals report highlights many of these growth opportunities and the strategies that need to be implemented to accelerate and optimize AI adoption for growth and innovation. Routine tasks such as tax compliance, reporting, calculations, analysis, and planning which take up hours can be done in minutes, even seconds.

Accounting Firms 52

Accounting Firms Compliance Finance Marketability 52

Appraiser Newsroom

NOVEMBER 29, 2022

By Jamie Owen as seen in the Cleveland Appraisal Blog. As an appraiser, you probably know how to create charts and visuals for appraisal reports. So, have some good visuals that don’t require a lot of reading. Start a Blog. Starting a blog is not difficult. Blogs don’t have to be long.

Appraisal 52

Appraisal Marketability Banking Business Valuation 52

Internal Audit 360

AUGUST 17, 2023

GUEST BLOG POST W ith the rise of artificial intelligence and ChatGPT, sometimes I think that we internal auditors will all soon be out of a job. Rise of the Auditor Bots When you get the latest version of any good data visualization software, such as QLIK, you will be able to use a “bot.” And we can go further.

Technology 69

Technology Start-ups Marketability 69

Equilest

JANUARY 26, 2023

Equitest's software includes advanced financial modeling capabilities, data visualization and reporting tools, integration with Excel, built-in error checking and validation features, and collaboration and version control capabilities.

Technology 40

Technology Business Valuation Discounted Cash Flow Data Analysis 40

Audit Board

MAY 9, 2022

Download your free copy of our first whitepaper in this series — which explores opportunities in the purchasing and payable lifecycle — and read on below for an overview of how to incorporate RPA, Advanced Analytics, Data Visualizations, and API/IPaaS in purchasing and payables, including: . Accounts payable aging report. Procedures.

Technology 52

Technology Banking 52

ThomsonReuters

APRIL 18, 2023

Unfortunately, despite how carefully statements may be prepared, financial reporting errors can happen. When there are errors in financial reporting, U.S. The best approach, of course, is to prevent financial reporting errors before they occur. Who regulates financial reporting? What causes inaccurate financial reporting?

Finance 52

Finance Equity 52

ThomsonReuters

JANUARY 30, 2023

And so, we think about how accurate is the information on a tax return or a report that is ultimately filed with the taxing authority. How can direct tax software help tax reporting? That ’ s why it is essential for firms to have a robust corporate tax technology platform in place.

Start-ups 59

Start-ups Compliance Accounting Firms Technology 59

FE International

APRIL 20, 2022

According to its 2021 third quarter results, the e-commerce giant reported $110.8 It’s no secret that Shopify presents e-commerce businesses with an excellent platform to sell products and make a name for themselves. In fact, Shopify has the largest e-commerce platform market share in the US, with nearly 30% (more than 2.3

Private Equity Firm 98

Private Equity Firm Equity Start-ups Business Valuation 98

ThomsonReuters

JANUARY 12, 2023

From audit data visualization to advanced reporting capabilities, the latest advancements in technology can help provide clients with deeper and more meaningful advice. . With the IRS reporting at least 8% of U.S. taxpayers have reportable activity in crypto, many of these gains/losses are not being properly reported.

Accounting Firms 52

Accounting Firms Technology Compliance Start-ups 52

Audit Board

OCTOBER 16, 2022

Audit Committee Reporting With Power BI . Another analytics tool we recommend is Power BI, which we used for data visualization. Like nearly every audit department, we used to spend way too much time creating and formatting dashboard reports for audit committee presentations. Audit Planning With Pivot Tables.

Start-ups 52

Start-ups 52

ThomsonReuters

SEPTEMBER 22, 2021

Tax compliance — and the reporting involved in maintaining that compliance — is one of the most stressful tasks a corporate tax team must complete. The penalties for failing to comply with any of these reporting requirements can include interest and fines, or even the loss of the organization’s ability to do business in the jurisdiction.

Compliance 52

Compliance 52

Audit Board

MAY 24, 2023

This COSO Internal Control - Integrated Framework (ICIF) — also somewhat confusingly known simply as COSO or the COSO framework — provided guidance for how organizations can implement controls to prevent, detect, and manage fraud risk related to external financial reporting. What Are the Five Pillars of the COSO Framework?

Compliance 52

Compliance B2B Technology 52

Appraisers Blog

APRIL 1, 2024

The ‘not all of which is unbiased’ comes from the FHFA and HUD’s Auto De Fe inquiry into prohibited language in appraisal reports. The smell of cat pee and visual indications roach and other forms of feces on the floor, the walls, and the ceilings caused me to be biased. Policy follows.

Appraisal 64

Appraisal Comps Marketability Technology 64

Audit Board

OCTOBER 10, 2023

The evolving world of ESG reporting has launched many different frameworks and standards intended to address the environmental , social , and governance stance of organizations. So, with new mandates in-flight and reporting obligations on the horizon, how can you and your company understand and get ahead of CSRD requirements?

Finance 52

Finance Technology Compliance Banking 52

ThomsonReuters

NOVEMBER 8, 2022

Automate the creation and routing of workflows, standardizing workflows firm-wide which allows for extensive tracking, analyzing, and reporting while integrating with your other software using its APIs. . Automate the extraction and aggregation of data to form a data lake to use with your visualization and analytical tools. .

Start-ups 105

Start-ups Technology Accounting Firms Compliance 105

ThomsonReuters

MARCH 18, 2021

RPA and analytic process automation, visualizations, dashboards, and workpaper management are all components in ONESOURCE process automation services. You’ll then be able to automatically run reports, updates, and queries without any manual intervention, saving yourself considerable time and effort.

Compliance 98

Compliance Start-ups Technology Banking 98

Audit Board

MAY 24, 2022

A 2019 UiPath and Economist report found that nearly three-quarters of businesses that have undertaken RPA are “very” or “entirely satisfied” with the automation benefits they’re seeing. generating reports, aging findings, requesting documents) offers easy, proven ROI. You can’t learn RPA by talking about it. You learn by doing.

Compliance 98

Compliance 98

ThomsonReuters

MAY 24, 2023

This partnership is designed to help solve the challenge of data collection, transformation, and load for ONESOURCE users and prepare data for enhanced reporting and analysis. Faced with increased client expectations and strained bandwidth, today’s accounting firms are in critical need of greater automation and streamlined workflows.

Accounting Firms 52

Accounting Firms Start-ups Technology 52

Audit Board

JANUARY 17, 2023

Moving from a time-consuming process of manually creating charts and graphs for audit committee meetings to building reports within AuditBoard using real-time data and easily exporting them for the audit committee. . We used to extract data or manually create graphs and visualizations to put into the audit committee report.

Compliance 52

Compliance Marketability 52

Audit Board

NOVEMBER 28, 2022

See key takeaways below and download the full report, Embracing Data Analytics: Ensuring Internal Audit’s Relevance in a Data-Led World , to delve further into the current state of audit analytics, opportunities, and challenges. . Financial markets have been in disarray. Digitalisation was accelerated by the pandemic.

Finance 52

Finance Marketability 52

Audit Board

JUNE 20, 2022

We leverage the different work steps in the planning and reporting, as well as fieldwork work steps that we can copy over from one project to another. Based in New Orleans, Ochsner Health is the largest non-profit academic healthcare system operating in Louisiana. Ochsner Health is a local health system based out of New Orleans, Louisiana.

Start-ups 52

Start-ups Technology 52

ThomsonReuters

NOVEMBER 8, 2022

Trends like cloud computing, machine learning, and artificial intelligence (AI) have made it possible to visualize and interpret data from data lakes in?real-time This profound shift has created a pathway to improving operational efficiency, seamlessly achieving compliance, and fostering more meaningful relationships with clients. .

Technology 98

Technology Accounting Firms Start-ups Compliance 98

ThomsonReuters

MARCH 18, 2021

Connectivity to third-party analytical and visualization tools is also important, so you can build a process to suit the needs of your organization. Together we handle data collection and transformation, and load and prepare your data for enhanced reporting and analytics. A workflow engine can help you overcome these challenges.

Start-ups 98

Start-ups Compliance Technology Marketability 98

Audit Board

JUNE 8, 2022

Protiviti’s 2022 SOX compliance survey reveals that SOX compliance hours and costs continue to climb across most company sizes, industries, and reporting types. Read on below for the top five takeaways from the 2022 report and download your free copy of SOX Compliance Amid Rising Costs, Labor Shortages and Other Post-Pandemic Challenges. .

Compliance 52

Compliance Technology Finance 52

Audit Board

MAY 15, 2023

A risk assessment matrix, also known as a Probability and Severity or Likelihood and Impact risk matrix, is a visual tool depicting potential risks affecting a business. In other words, it’s a tool that helps you visualize the probability versus the severity of a potential risk.

Start-ups 98

Start-ups Compliance Technology 98

Audit Board

SEPTEMBER 29, 2023

million , according to IBM ’s 2023 Cost of a Data Breach Report. For the 13th consecutive year, the United States had the highest global average total cost of a data breach at USD 9.48 In addition to financial penalties and disruption to the business, cybersecurity breaches cause reputational damage that can seriously harm the business.

Compliance 52

Compliance Technology Finance Marketability 52

Audit Board

AUGUST 29, 2023

Emphasize Dynamic, High-Impact Communication To ensure our communications create value, we should focus on ensuring genuinely impactful reporting — delivering our important messages at the right times and in the right ways. and communicating critical information by making better use of data, visual appeal, and clear, efficient messaging.

Technology 52

Technology Compliance Start-ups Banking 52

Audit Board

JULY 27, 2022

As the head of a critical independent oversight function of an organization, the CAE operates within the typical leadership structure of the organization, but reports directly to the audit committee. . Drive key decisions and inform audit, risk, and compliance programs with dashboards and heatmaps that visualize top risks.

Compliance 89

Compliance Technology 89

Audit Board

FEBRUARY 11, 2023

Trend 2: Hackers Increasingly Using Third Parties to Gain Access Third-party breaches account for approximately 20% of all data breaches that companies experience, according to IBM’s latest data breach report. IBM also reports that the average cost of a data breach in the United States is $9.5 million customers in the U.S. and Canada.

52

52

Audit Board

JUNE 30, 2022

As a Director of Internal Audit at Vanguard and a LUMA Institute Certified Facilitator of HCD , I used HCD to lead a team in redesigning our audit report. Adding more visuals such as a likelihood and impact matrix in findings). . What Is Human-Centered Design? Users feel heard, valued, and motivated to participate.

52

52

Audit Board

FEBRUARY 13, 2023

Implement Modern Technology to Improve Audit Efficiencies Your full audit technology suite, including automation, analytics, collaboration, and visualization tools, should be geared toward increasing auditor efficiency and agility. Your audit technology should also support your agile way of working.

Start-ups 52

Start-ups Technology Banking Compliance 52

Audit Board

JANUARY 12, 2023

Key considerations when building meaningful cybersecurity risk reporting. This Cybersecurity Risk Assessment Guide provides specific guidance on how organizations may choose to build a cybersecurity risk management program that will ensure compliance with commonly-used cybersecurity frameworks.

Compliance 97

Compliance Start-ups Asset-based Approach Specific Risk 97