June 27, 2017
With the current break-neck pace of software and technology we can often overlook the fact that "the cloud" is really just outsourcing. The term "cloud" is simply a catch-all term for subscription-based services running on someone else's network.
June 20, 2017
The Association of International Certified Professional Accountants and CPA.com are jointly sponsoring an initiative to accelerate the growth of early-stage companies that could have significant impact on the accounting profession. The goal is to ...
June 13, 2017
For the past several years, accounting firms have faced a leaky bucket in terms of staffing. While firms are currently growing—the latest AICPA survey estimates that more than 60 percent of firms are planning expansions—many face a talent shortage.
May 24, 2017
In June 2015, Intuit® celebrated the milestone of serving 1 million small businesses around the world. Today, a little less than two years later, we are thrilled to share that we’ve crossed another significant milestone, doubling that number to more than 2 million global QuickBooks® Online (QBO) customers now powering their prosperity on our platform! It’s a milestone...…
May 22, 2017
Some industry experts believe that blockchain technology can be used to revolutionize accounting in several areas, but the term and some of its descriptions have left many people confused. One of the best explanations of what blockchain technology is ...
May 18, 2017
IBM will provide an advanced cognitive and data skills platform to accounting professionals to more quickly acquire data science, business analytics and AI skills. By acquiring cognitive skills, accounting professionals can play a bigger role in ...
May 10, 2017
Accounting software maker Sage announced at Sage Summit US 2017 new research which shows almost a third of small businesses who commit to technology show demonstrable growth. Nevertheless, more than half (56%) of all small business owners interviewed have yet to adopt digital technologies, preferring to maintain their business with traditional methods, signalling a...…
April 26, 2017
No credits, no deductions and a flat income tax rate describes the ideal tax regime ranked first by corporate tax professionals, according to EY’s yearly survey announced today at Ernst & Young LLP’s 12th Annual Domestic Tax Conference in New York.
April 25, 2017
Some in the accounting profession believe blockchain technology is currently at the height of the “hype cycle.” Though enthusiasm about this technology is high, experts do foresee several practical potential uses of blockchain technology in the ...
April 25, 2017
Nearly three quarters of corporate treasury and finance professionals said their companies were victims of payments fraud last year, according to the 2017 AFP Payments Fraud Survey, underwritten by J.P. Morgan.
April 24, 2017
Sometimes, in dealing with clients, it is easy to slip into using tax lingo − terms that your tax professional colleagues are familiar with, but that may not be so recognizable to the average Joe or Jane. One of these terms is “basis,” and a little ...
April 19, 2017
Cognitive computing is especially valuable in tax compliance, an area that is heavily regulated and often faces rapid changes. The process of preparing filings, ensuring compliance, and optimizing a business’ tax position is complicated, resource ...