Accounting
AICPA News – Dec. 2021
AICPA News is a roundup of recent announcements from the institute.
How a Learning Culture Can Transform Your Practice
One of the challenges associated with team learning is that everyone is at a different level. Some people are great with technology; others know everything about compliance. And sometimes, people don’t want to let others know they’re struggling with a ...
AccountantsWorld Featured on ION Television as Great Innovation
Cloud accounting software maker AccountantsWorld, which provides technology for professional accounting firms, was recently featured on an episode of ION Television’s World’s Greatest. The segment gave an overview of the people behind AccountantsWorld, and how their technologies help firms be more productive and efficient.
The Technology Lab Podcast – Review of Accounting Power from AccountantsWorld – Dec. 2021
Randy Johnston and Brian Tankersley, CPA.CITP, CGMA review Accounting Power from AccountantsWorld.
Xero Incorporates Machine Learning for Bank Reconciliation
The new feature uses machine learning to predict the contact and account code for transactions that cannot be matched to invoices or bills using an organization’s bank rules, Xero’s matching logic, or memorizations. Previously, businesses had to ...
38% of Private Businesses Not Ready for New Lease Accounting Standards
Those that have started are mainly in the early stages with 18% still gathering the requisite data, 15% in progress and 15% still assessing the impact of ASC 842. In addition, a further 6% have delayed their projects while focusing on other priorities...
The Best Ways for CPAs and Tax Specialists to Offer Investment Advice
Offering clients investment advice is inherently challenging and somewhat risky. Though financial planners and investment advisors are expected to provide such guidance, CPAs and tax professionals are specialists in niches outside of investing, meaning...
Business Execs Lower Profit Expectations on Inflation Worries
Profit expectations are also under pressure, with the anticipated growth rate for the next 12 months dropping to 2.1% from 2.5% last quarter. Revenue growth projections, on the other hand, are up to 4.7% from 4.3%, quarter over quarter.