I know it’s difficult to recall back to a time prior to 2016 but try anyway and remember a 2013 study that made the rounds in accounting after it was featured on Planet Money in 2015. By “made the rounds” I mean “scared the shit out of everyone” because the gist was that most of your tasks could be automated
The Wall Street Journal talks about why the IRS is not going to have an easy time recruiting in this market. A review of EY’s practices after a staff member’s suicide will look at “workplace culture, healthy work practices and psychological safety” and be conducted by an external expert. Teams of PCAOB inspectors arrived at the Hong Kong offices of
Senate Finance Committee Chairman Ron Wyden (D-Ore.) sent a letter to former President Trump’s longtime accounting firm on Tuesday demanding to know why the company disavowed financial statements prepared for the Trump Organization.
Mazars terminated its relationship with the Trump Organization in February, saying that it could no longer vouch for the business’s financial statements for the past decade following
Accountants can now use technology to perform several tasks once done manually. This has resulted in increased efficiency and accuracy in the accounting process. In addition, the use of technology has allowed accountants to provide a wider range of services to their clients. Here are six ways in which technology has made an impact on accounting:
More Efficient Accounting Process
Things are getting pretty bad financially for all of us right now; grocery trips are digging deeper into our pockets every time we pick up a few things, rents are rising, and gas is up to $37 a gallon ($40 by the time I finish this sentence probably). Inflation is expected to remain high through 2022 so expect things to