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Top accounting issues in 2023

ThomsonReuters

The question then becomes: how? To assist today’s firms, this article will provide an overview of some of the top accounting issues firms face and the solutions that can help them tip the scale in their favor. Some of the issues vary by firm — depending on the size of the firm, the resources a firm currently has in place, etc. —

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Auditing a System Implementation: Potential Questions, Risks, and Audit Areas of Focus

Audit Board

My organization, Northwest Natural , went through a major implementation not too long ago, and we had to decide how internal audit would be involved. Considerations When Planning Your Audit At the beginning of the implementation, there were several key decisions we had to make to set the stage for our involvement.

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3 Ways To Create A Workflow Management Strategy For Tax Compliance

ThomsonReuters

ONESOURCE includes a data management tool that is very versatile to help you standardize, organize, and optimize data and how it’s used in your system. Strategies for Compliance Automation with ONESOURCE. When you automate your tax processes , workflow management significantly improves.