Nerd's Eye View

OCTOBER 14, 2022

We also have a number of articles on practice management: Why small financial advisory firms continue to thrive amid competition from the largest players in the industry. Why accounting firms have become hot acquisition targets for RIAs.

Tax Planning 84

Tax Planning Practice Management Accounting Firms Securities 84

PYMNTS

AUGUST 27, 2019

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.

Cash Flow Forecasting 60

Cash Flow Forecasting Accounting Standards Accounting Firms Reconciliations 60

CFO News Room

DECEMBER 16, 2022

Bureau of Labor Statistics, employment numbers for Financial Managers are expected to rise by 17% over the next decade , faster than the average for all occupations. They may work in various industries, such as investment firms, accounting firms, banks, or the government. These include: Accounting Skills.

Finance 130

Finance Budgeting Compliance Financial Analyst 130

PYMNTS

DECEMBER 10, 2019

based FinTech specializing in facilitating payments for small business accountancy firms, is partnering with BIN (bank account identification number) sponsor Moorwand to further streamline the payments experience for accountants and bookkeepers. Telleroo , a U.K.-based In a press release issued Tuesday (Dec.

Accounting 52

Accounting B2B Accounts Payable Accounting Firms 52

PYMNTS

SEPTEMBER 29, 2020

An EY whistleblower has alleged the global accounting firm was warned as far back as 2016 that senior managers at Wirecard may have committed fraud and one had tried to bribe an auditor, the Financial Times (FT) reported.

Auditing 75

Auditing Accounting Firms Accounting Sales 75

PYMNTS

APRIL 9, 2018

As Right Networks’ report found that accountants embrace automation and software – rather than fear that the technology will replace the need for human talent – Xero similarly concluded that small business accounting technology actually increases demand for human capital. “We’re government’s tax digitization initiative.

Accounting 49

Accounting Accounting Firms B2B Technology 49

PYMNTS

JANUARY 13, 2021

Medius CEO Per Åkerberg said the company has seen a number of clients grappling with various offerings and companies to deal with local digital invoice formats and rules. The new collaboration lets their joint customer base get and handle digital invoices in different formats throughout the world, according to a Wednesday (Jan.

Invoicing 67

Invoicing Accounts Payable Compliance Accounting Firms 67

CFO Simplified

MARCH 7, 2024

accounting firms, SEC registered businesses, insurance companies, and publicly traded corporations). Many “beneficial owners” choose to obtain something called a “FinCEN ID,” which is a unique identifying number issued to an individual by FinCEN.

Tax Planning 59

Tax Planning Compliance Restructuring Treasury 59

PYMNTS

MAY 22, 2020

Arkansas, Colorado, Illinois and Ohio have warned tens of thousands of residents who have applied online for unemployment benefits due to COVID-19 of possible data breaches that could have exposed names, addresses and Social Security numbers.

Budgeting 53

Budgeting Securities Accounting Firms Numbers 53

CFO Talks

OCTOBER 10, 2022

I always had an interest in accountants since I was in about grade ten, I watched a movie and there was this accountant, and I was really fascinated with the things that he was doing in terms of how he was making business decisions and how his input was valued in the organization. I think the role of the CFO is changing.

CFO 52

CFO Transportation Education Accounting 52

PYMNTS

MAY 29, 2020

At one-third, it’s the highest number since the department began tracking in the 1960s. The saving rate is the residual of an extraordinary event,” Diane Swonk, chief economist at Grant Thornton, the Chicago accounting firm, told the network. economist at Oxford Economics told CNBC. In May 1975, the savings rate reached 17.3

Economics 58

Economics Accounting Firms Financial Data Investments 58

CFO Simplified

MARCH 7, 2024

accounting firms, SEC registered businesses, insurance companies, and publicly traded corporations). Many “beneficial owners” choose to obtain something called a “FinCEN ID,” which is a unique identifying number issued to an individual by FinCEN.

Tax Planning 52

Tax Planning Compliance Restructuring Treasury 52

Future CFO

AUGUST 18, 2022

The number of global companies obtaining independent assurance on their ESG information increased from 51% to 58% in 2020, compared to the previous year, said the International Federation of Accountants ( IFAC ) recently. The post More firms obtain independent assurance on ESG data appeared first on FutureCFO.

IFRS 52

IFRS Auditing Accounting Standards Accounting Firms 52

Future CFO

JULY 10, 2023

The programme aims to develop the accountancy talent pipeline and position Singapore as an accountancy hub and a choice location for accountancy professionals, ISCA said.

Corporate Finance 40

Corporate Finance Leadership Communication Accounting 40

PYMNTS

SEPTEMBER 27, 2020

Lightyear intends to work toward acquiring software and payments companies, which the release calls “a highly fragmented market” that has a large number of smaller providers. According to the press release, the addressable market for payments solutions is around $1.4 billion for the legal vertical alone.

Practice Management 64

Practice Management B2B Invoicing Accounting Firms 64

PYMNTS

JANUARY 2, 2020

The largest accounting firms – EY, Deloitte, KPMG and PwC – are investing billions of dollars in artificial intelligence (AI) and data technology products to change the industry in new ways, according to a report by Bloomberg Tax. That means accountants will be expected to become business advisers, not just number checkers.

Data Analysis 71

Data Analysis Accounting Standards Auditing Invoicing 71

PYMNTS

JANUARY 9, 2019

Separate reports from The Wall Street Journal ( WSJ ), published last April, also demonstrated the changing nature of corporate finance: While the Big Four accounting firms’ advisory and consulting revenue jumped by a combined 44 percent since 2012, revenue from straightforward auditing for the firms rose just 3 percent in that time.

Accounting 71

Accounting Corporate Finance Accounting Firms Auditing 71

BlueLight

MAY 1, 2020

The CEO outsources accounting to a third-party accounting firm and may conduct simple FP&A. Financial planning & analysis is a corporation function that uses financial information to make forward-looking recommendations, evolving from a number cruncher to a strategic partner.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) CFO Strategic Planning Startups 52

PYMNTS

JANUARY 31, 2019

British restaurants hit a milestone in 2018 — the number of insolvent ones hit an all time high, and has even doubled since 2010, according to report by Reuters. According to a study by the accountant firm Price Bailey, restaurants are struggling because of the proliferation of delivery apps, and also the saturation of the market.

Marketing 57

Marketing Restructuring Accounting Firms Numbers 57

PYMNTS

JULY 2, 2020

While Wirecard said it worked with 170,000 small companies and 33,000 large and medium-sized merchants that year, documents provided evidence that the number of the firm’s clients was considerably lower. For example, the news service reported thousands of client names were represented multiple times.

Accounting Firms 56

Accounting Firms Finance Accounting Financial Reporting 56

PYMNTS

JUNE 1, 2020

The teams of EY will tap into the software technology of GTKonnect, which covers a number of areas with the inclusion of free trade agreements, import/export compliance, country of origin, master data management, foreign trade zones and tariff classification as well as reconciliation.

Reconciliations 52

Reconciliations Data Analysis Compliance Accounting Firms 52

PYMNTS

DECEMBER 19, 2019

. “Accounting has been a problem for small businesses throughout time,” Roberts told PYMNTS in a recent interview. Because there is a big disconnect between the accounting industry and the small business owner.” “Why? ” The Real-Time Demand. “They don’t want to talk about credits and debits.

Accounting 53

Accounting Finance Accounting Firms Benchmarking 53

PYMNTS

DECEMBER 7, 2020

Pioneer Bank has joined the number of firms filing lawsuits over the continuing and complex MyPayrollHR/ValueWise scandal, which a report from the Daily Gazette calls one of the largest in Capital Region history. ImagineTime, Mango Billing Partner On Digital Accounting. Revolut , which is valued at $5.5

B2B 63

B2B Finance Practice Management Invoicing 63

PYMNTS

FEBRUARY 4, 2019

Of those customers impacted by this type of fraud, an extremely small number have been Metro Bank customers and none have been left out of pocket as a result,” a bank spokesperson said. The vulnerability targets a known weakness in the global telecommunications infrastructure.

Banking 49

Banking Accounting Firms Numbers Accounting 49

The Charity CFO

APRIL 28, 2023

Is there an advantage to working with accounting firms specializing in nonprofits? However, running a nonprofit comes with unique challenges that require specialized expertise, particularly in financial management and accounting. Accounting firms specializing in nonprofits can help you comply with these regulations.

Nonprofit 52

Nonprofit Accounting Firms Accounting Auditing 52

PYMNTS

FEBRUARY 6, 2019

This shift has been so acute that small business cloud accounting firm Xero is even petitioning the Oxford English Dictionary to change the definition of “accountant” to one that includes the word “advise.” The Accountant’s Changing Roles. “That’s long gone.”

Corporate Finance 74

Corporate Finance Accounting Finance Accounts Payable 74

CFO Network

SEPTEMBER 9, 2022

Instead, it’s more subtle than this; malware or malicious activity can happen through something as simple a debit card number being inputted incorrectly on web pages where users aren’t aware of what they’re doing – which then leads them straight towards an electronic form of theft!

Securities 52

Securities Accounting CFO Accounting Standards 52

PYMNTS

DECEMBER 9, 2020

31, 2018 and 2019, we and our independent registered public accounting firm identified a material weakness in our internal control over financial reporting.” That indicates that reported numbers may be too good to be true, or that the very bedrock of valuation – in other words, data – cannot be relied upon.

Valuation 76

Valuation Auditing Accounting Firms Financial Reporting 76

PYMNTS

SEPTEMBER 24, 2019

The FinTech accounting firm will use the series D funds to grow the platform and its artificial intelligence (AI) tools that can read, process, pay and track invoices. .

Accounts Payable 49

Accounts Payable Startups Accounting Invoicing 49

PYMNTS

SEPTEMBER 18, 2020

Deloitte will be the first of the “Big Four” accounting firms to break up its business following the selection of a new auditing board. The firm, in addition to KPMG, EY and PwC, had been cautioned by regulators that their companies had to break off their consulting divisions from their audit arms. Top News .

Auditing 56

Auditing eCommerce Sales Accounting Firms 56

CFO Thought Leader

NOVEMBER 26, 2023

It was during these months and years of career investment, Benevides tells us, that he found his attention focused by a number of critical undertakings, including making the transition from supporting a regional accounting firm to being part of a Big Four accounting house.

CFO 52

CFO Finance Leadership Accounting Firms 52

PYMNTS

JULY 11, 2019

s so-called Big Four accountancy firms — KPMG, PwC, EY and Deloitte — have reportedly failed to reach audit quality standards set by the Financial Reporting Council , Reuters reported this week. According to reports, only half of the firm’s audits were considered good quality, down from 75 percent last year. All of the U.K.’s

Auditing 49

Auditing Accounting Financial Reporting Accounting Firms 49

PYMNTS

DECEMBER 9, 2020

This has accelerated the need for spend management solutions and payment tools that enable businesses to review and approve transactions in real time, Caleb Jenkins , leader of client accounting services for tax and accounting firm RLJ Financial , said in a PYMNTS interview.

General Ledger 62

General Ledger Budgeting B2B Accounting 62

CFO Simplified

AUGUST 7, 2023

I’ve talked to business owners, accounting firms and a few financial consultants. There are a number of phone-based money transfer systems available for consumers and businesses alike, but the only one that uses this RTP Network is Zelle. No wonder nobody has asked for it!!

CFO 52

CFO Banking Accounting Accounting Firms 52

The Finance Weekly

APRIL 5, 2022

However, for a number of reasons, IT and FP&A collaboration is not up to par with collaboration between other departments. A , study conducted by “Big 4” accounting firm , KPMG , found that only 1% of the world’s biggest companies actually reach their targets, which has a ripple effect on the company and its shareholders.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Planning Forecasting Budgeting 52

Future CFO

DECEMBER 26, 2019

According to the latest Xero Accounting and Bookkeeping Industry report , among Singapore accounting firms, compliance services still make up the majority of practice revenues (73%) compared with revenues for advisory services (27%). Complex advisory practices are increasingly using data automation apps.

CFO 40

CFO Compliance Cash Flow Forecasting Benchmarking 40

CFO Talks

SEPTEMBER 28, 2022

My guest today is Engela Van Loggerenberg, she wears a number of hats, she’s the group financial director of Cash Converters Southern Africa, she’s also the managing director of True Accounting and the owner of a Cash Converters store in Woodmead.

CFO 52

CFO Budgeting Finance Accounting 52