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Are Your Compliance Processes Keeping Up with Evolving Audit Requirements?

Bramasol

Key responsibilities of the PCAOB include: Setting Standards: The PCAOB establishes and enforces auditing, attestation, quality control, and ethics standards for registered public accounting firms. Enforcement: The PCAOB has the authority to discipline accounting firms and individuals for violations of PCAOB rules and securities laws.

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Xero Partners With Square For Faster B2B Payments

PYMNTS

Cloud accounting firm Xero and payments services company Square are collaborating to offer small businesses a tool for faster invoicing and payments, according to reports on Tuesday (Feb. This integration is intended to make it easier for SMBs to track sales and simplify reconciliation. and Ireland.

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FinTech Targets The Cash Flow Needs Of CPAs

PYMNTS

The Certified Personal Accountant (CPA) today now has a plethora of FinTech solutions they can use to manage their clients’ money, with the number of digital tools — including cloud accounting portals, cash flow forecasting solutions and intelligent technologies like artificial intelligence (AI) — continuing to rise.

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In B2B, Embedded Payments Make For Attractive Acquisitions

PYMNTS

To that end, earlier this week, private-equity firm Lightyear Capital said it established ProfitSolv to acquire integrated solutions for billing, payments and software services. The software market is a fragmented one, he said. There is also growing demand for better accounts receivable (AR) management, he added.

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Aussie Accountants Brace For Industry Disruption

PYMNTS

Further, industry trends have led the traditional accountant model to become “obsolete,” reports said, meaning accountants have to embrace the more strategic role of advisor. “By However, in order for accountants to remain relevant in an intensely competitive market, a new paradigm and mindset is needed.”.

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Automated and Data Driven Financial Planning Hasn’t Reached its Full Potential

The Finance Weekly

For finance teams this is more true than ever, and the recent market volatility has exasperated this issue. FP&A departments are spending too much time performing manual tasks, such as preparing budgets and account reconciliations, and not enough time analyzing the data.

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GoCardless Brings Direct Debit Supplier Payments To Australia

PYMNTS

The company is collaborating with small business accounting firm Xero to integrate its B2B payments capabilities into the platform. In a statement, Xero Australia Financial Industry Director Ian Boyd said the service will enhance B2B payments services for smaller firms. Xero and GoCardless already collaborate in the U.K.,

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