ThomsonReuters

AUGUST 3, 2021

But why are APIs so important to CPAs and how does an accountant learn about APIs if they don’t have a technical background? . About Ford Baker, CPA & CEO BaCo Tech & BaCo Group: Ford has over 35 years of experience in the accounting industry. As an accountant, please describe what an API is? .

Technology 59

Technology Start-ups Accounting Firms 59

ThomsonReuters

JANUARY 29, 2024

Today’s accounting firm leaders are constantly grappling with two pivotal challenges: attracting top-tier talent and holding on to the people they have. It positions the firm as a forward-thinking, innovative workplace, attractive to an emerging tech-savvy and efficiency-driven workforce.

Technology 52

Technology Accounting Firms Marketability 52

Reynolds Holding

MARCH 14, 2024

A new type of merger, the data-driven merger, is playing an increasingly important role in the economy, and analyzing Elon Musk’s acquisition of Twitter as an example reveals how Elon Musk’s business strategy could be just a play for data, and how corporate governance does not adequately account for such acquisitions.

Marketability 119

Marketability 119

ThomsonReuters

OCTOBER 4, 2023

Jump to: How many accounting firms use AI? How do smaller accounting firms use AI? In today’s fast-paced business world, ignoring technology is not an option, and the field of accounting is no exception. How many accounting firms use AI? How do smaller accounting firms use AI? For now, not many.

Accounting Firms 111

Accounting Firms Technology Compliance Data Analysis 111

ThomsonReuters

JUNE 29, 2023

As most of us know, tax and accounting automation involves s treamlining and standardizing tax inputs and workflow processes using technology. While standard tax software offers some of these benefits, the most transformative results come as a result of the holistic integration of APIs. How do APIs help with automation?

Accounting Firms 98

Accounting Firms Technology Start-ups Compliance 98

ThomsonReuters

JULY 8, 2021

Multinational enterprises (MNEs) began using centralized shared services centers three decades ago to standardize and improve efficiency in back-office functions such as finance & accounting, human resources, and IT. Tax & Tech Talks: How to Achieve Global Statutory Financial Compliance. Watch the entire episode.

Technology 98

Technology Finance Compliance Corporate Finance 98

Appraisers Blog

AUGUST 9, 2023

Because a damned automated software program is not a human being. Humanity in general needs to take a big step back from this worship of the new golden idol, as if tech can replace the fruits of labor. We hold the line for liberty and accountability. In reply to Mary Cummins. The specific reason why? Mary, thank you again.

70

70

ThomsonReuters

JANUARY 4, 2024

Take advantage of wellness benefits The numbers are in, and they reinforce the mental health challenges facing accountants. Nearly 9 in 10 accountants want a better work-life balance, while just over 70 percent would like more help from their organizations to manage mental health, according to ACCA’s Global Trends Survey 2023.

Start-ups 71

Start-ups Accounting Firms Compliance Technology 71

ThomsonReuters

JANUARY 9, 2024

We already have Excel and tax provision software, so why can’t we use that? It’s not a case of turning on the software and you’re ready to go. The rules are changing, the software is going to keep evolving, so you’re going to have to plan for additional iterations.”

Technology 88

Technology 88

ThomsonReuters

OCTOBER 24, 2023

In addition, as businesses become more globalized, accountants must be able to account for transactions in multiple currencies,” wrote Benjamin Wann, owner of Asheville, N.C. Companies use various software platforms (i.e., accounting software, payroll, etc.) This is especially true in accounting and finance roles.

Compliance 52

Compliance Technology Finance 52

Lighter Capital

FEBRUARY 18, 2023

Before we get up-close and personal with Gross Margin, how it’s calculated, and why you should care about it, we need to come clean about SaaS's dirty little accounting secret: it's not uncommon for SaaS companies to miscalculate Gross Margin (also known as Gross Profit Margin or GPM) and their Cost of Goods Sold (COGS).

B2B 52

B2B Start-ups Accounting Firms Technology 52

ThomsonReuters

JUNE 16, 2023

The accounting profession is in the midst of a transformation, and firms must ensure they are upskilling their accountants to remain competitive and keep pace. This article will explore how current technology can help accountants find the time they need to broaden their skillsets and further propel their career.

Data Analysis 98

Data Analysis Technology Accounting Firms Firm Value 98

ThomsonReuters

JANUARY 18, 2024

Jump to: What are the roles and responsibilities for accountants? Accountant vs. CPA vs. tax preparer: What are the differences? GAAP and AICPA What issues should accountants be aware of in the profession? How can accountants be more efficient? Accountant responsibilities extend far beyond number crunching.

Technology 59

Technology Compliance Finance Marketability 59

Startup Valuation Blog

JUNE 3, 2023

Suppose there is a tech startup with an innovative product in the healthcare industry. The case study will provide insights into how these investors approach the valuation puzzle and the considerations they take into account. For venture capitalists, business valuation software streamlines the valuation process, saving time and effort.

Business Valuation 100

Business Valuation Discounted Cash Flow Comparable Company Analysis Start-ups 100

Valutico

FEBRUARY 5, 2024

Started in 1 country (Austria) and we’re now the preferred valuation software in 90 countries! The software has gone through 2 significant system wide upgrades (latest in 2023) – these are adjustments behind the scenes that improve the speed, reliability, and other key features of the platform.

Start-ups 59

Start-ups Finance Corporate Finance Business Valuation 59

ThomsonReuters

JANUARY 12, 2023

The primary role of an accountant is to handle a variety of tasks including tax preparation, financial planning and audits. . With advanced technology shifting the way accountants work, many are looking to expand into specialized services that can give them a leg up on the competition. What does an audit accountant do?

Technology 59

Technology Compliance Start-ups Accounting Firms 59

ThomsonReuters

APRIL 4, 2022

Sure, your firm’s tax compliance software does its job, but you know that there’s room for significant improvement. What’s more, you’ve found the new software solution that you believe can deliver all of the powerful, time-saving tools your firm needs to work better and faster. Implementing a new software solution is no exception.

Compliance 98

Compliance Start-ups Accounting Firms Technology 98

Lighter Capital

JULY 22, 2023

SaaS companies often start generating revenue much earlier compared to startups in other tech categories. And thanks to their software focus, many are able to , bootstrap for a long time to gain early traction. A/R factoring allows you to borrow money based on your accounts receivable. Download it here ➔

Finance 98

Finance Equity Equity Financing Banking 98

ThomsonReuters

JUNE 14, 2021

Tax & Tech Talks: How AI and Machine Learning Can Help With K-1s. Subscribe to Tax & Tech Talks podcast on Spotify , Libsynpro , and Apple Podcast apps. _. How Tech Can Help You Navigate the New Tax Rules and Tax Trends. Tax Software to Help Prepare for the Next Tax Season. Watch the entire episode.

Compliance 98

Compliance Dividends Start-ups Technology 98

ThomsonReuters

FEBRUARY 2, 2021

We’ve all heard the myths about cloud tax and accounting, including the intimidating theories that the cloud is not secure, expensive, complicated, or not up to compliance standards. Plus, as accountants, we tend to get comfortable with the on-premise, perhaps outdated software we’ve already implemented.

Compliance 98

Compliance Technology 98

ThomsonReuters

MARCH 16, 2023

Information systems audit: This type of audit involves a review of the controls over software development, data processing, and access to computer systems. What are the main types of audit software? The audit software that is available today enables junior and senior staff to work together with smarter, faster, and greater confidence.

Technology 59

Technology Compliance 59

ThomsonReuters

SEPTEMBER 19, 2023

With the recent release of tools like ChatGPT , apprehensions about job security are growing among many professionals, including those in the tax and accounting space. But, if we think back to several years ago, tax software solutions that streamlined an accountant’s workflow begged the same question: will technology replace my job?

Technology 52

Technology Start-ups Compliance Data Analysis 52

Audit Board

NOVEMBER 8, 2023

It is the latest accolade for AuditBoard, which was also named a 2023 Top 100 Software Product, amongst more than 100,000 apps across all B2B categories and industries, in G2.com’s Certain services may not be available to attest clients under the rules and regulations of public accounting. LOS ANGELES, CA, Nov.

Technology 59

Technology B2B Compliance Marketability 59

Benzinga

NOVEMBER 15, 2023

Mr. Lee has over a decade of top-level tech experience and is widely recognized for his strategic leadership and entrepreneurial skills, driving growth at the forefront of technology and education. Mr. Lee launched Ternary in 2020 as its CEO.

Technology 52

Technology Marketability 52

ThomsonReuters

JUNE 29, 2023

Providing good customer service is essential to growing your tax and accounting practice but, as many professionals have come to realize, dealing with difficult clients can be hard. As a tax and accounting professional, you are looking to help guide your tax clients. Managing tax clients isn ’ t always easy.

Accounting Firms 97

Accounting Firms 97

ThomsonReuters

JANUARY 12, 2023

For those of us in the tax and accounting profession, we’ve witnessed the amazing time savings and efficiency automation can bring—and audit is no exception. . Not so long ago, auditing in accounting meant spending long hours manually entering taxpayer data, sifting through loads of paperwork, and scrutinizing spreadsheets line-by-line.

Accounting Firms 52

Accounting Firms Technology Compliance Start-ups 52

ThomsonReuters

NOVEMBER 29, 2023

One such solution is ONESOURCE Indirect Tax Determination , a global tax determination software that automates tax calculations. The software can help firms drive greater efficiency while giving firms confidence in the results and the process. appeared first on Tax & Accounting Blog Posts by Thomson Reuters.

Compliance 98

Compliance Technology Marketability 98

ThomsonReuters

JULY 25, 2023

And even if the project gets approved, cross-departmental discussions and support – from accounts payable, procurement, finance, IT, etc. – The software keeps all the rules, policies, rates, and codes up to date. 9 key questions to ask appeared first on Tax & Accounting Blog Posts by Thomson Reuters.

Start-ups 93

Start-ups Technology Compliance Finance 93

ThomsonReuters

DECEMBER 14, 2022

A large part of any tax-engine implementation is integrating the tax-engine software with the company’s ERP system so that together they constitute a smooth-running technological ecosystem. Choice of software is imperative, however. How to integrate with other technologies. What is the best way to manage new processes?

Technology 59

Technology Start-ups Data Analysis Finance 59

Equidam

FEBRUARY 3, 2022

Yotta Energy, founded in 2017 and is based in Austin, Texas, is an energy storage company innovating a fully-integrated hardware/software solution for microgrids. For a hardware clean-tech startup, the journey has been arduous and definitely more of an up-hill climb than most non-hardware startups raising money.

Technology 87

Technology Marketability 87

Reynolds Holding

AUGUST 17, 2022

Multi-factor authentication is a security enhancement that requires multiple credentials—or, “factors”—before an account can be accessed. Timely software updates. In remarks released the same day, CFPB Director Rohit Chopra elaborated on the interpretive rule. [4] ACTION AGAINST HELLO DIGIT.

Finance 45

Finance Marketability Technology Banking 45

ThomsonReuters

JANUARY 12, 2023

Amidst a complex audit environment, today’s accountants have many opportunities to take advantage of technology and specialize in up-and-coming focus areas. Two well-known ESG frameworks are the Sustainability Accounting Standards Board (SASB) and the Task Force on Climate-Related Financial Disclosures (TCFD). What is ESG?

Compliance 52

Compliance Technology Accounting Firms Equity 52

ThomsonReuters

MAY 19, 2022

based accounting firm Padden Cooper. Stay abreast of what’s happening in the accounting industry. In fact, a Bill.com survey of millennial-led business owners found that more than half (52 percent) said strategic insight and guidance are necessary from accounting firms. Do you feel comfortable recommending our services?

Accounting Firms 105

Accounting Firms Banking Technology Finance 105

ThomsonReuters

OCTOBER 1, 2021

A new episode of Thomson Reuters Tax & Tech Talks podcast shares tips and best practices for streamlining operations and navigating this unprecedented tax season. Tax & Tech Talks: A Closer Look at Corporate Income Tax Solution for a Successful Filling Season. The impact of e-filing. Watch the entire episode. Technology.

Technology 52

Technology Compliance 52

Musings on Markets

NOVEMBER 10, 2022

In my last post, I used Facebook's recent troubles to talk about the importance of corporate governance, and how we, as investors, have abandoned the power to change management at many younger tech companies in return for being able to invest in young tech companies, with growth potential and well-regarded founders.

Finance 74

Finance Start-ups Equity Equity Financing 74

ThomsonReuters

AUGUST 10, 2021

For example, Millennials prefer tech driven solutions but still appreciate face to face interaction with their tax advisor. . The rise of DIY tax software is fueling the commoditization of tax preparation and placing pressure on firms to differentiate. Bad software can have negative impacts on your firm. Reduced cost .

Start-ups 52

Start-ups Technology 52

Cooley M&A

JANUARY 20, 2022

General trends in tech M&A. Tech M&A surged to a staggering $1.1 trillion during 2021 – an increase of 71% compared to 2020 – and accounted for 20% of the $5.9 Software deals dominated the 2021 tech M&A landscape. R&W insurance shaping expectations in tech M&A. trillion(!)

Private Equity Firm 40

Private Equity Firm eCommerce Equity Marketability 40