Automation

The recent announcement of potential financial transaction taxes in New York and New Jersey alongside new regulations represent a growing operational challenge.

A valued accountant is a holistic business advisor to clients, solving human problems that technology simply cannot — and will never be able to — solve on its own.

Accounting firms gain much more by automating information collection than you might think.

Despite the many, many downsides of COVID-19, one of the biggest silver linings has been that it forced CPAs and accountants into being true advisors to their clients.

The shutdown in March forced O&G firms to confront the inefficiencies of their financial processes.

COVID-19 has changed the game. Leaders will need to reshape their companies for the new normal, making the promise of agility and market responsiveness an actual reality.

Clients’ expectations are constantly shifting, and that’s never been truer than in recent months with the COVID-19 pandemic sending businesses into a state of uncertainty.

The hiring of accounting graduates by CPA firms has declined nearly 30 percent in recent years, and Illinois CPA Society president and CEO Todd Shapiro hopes to reverse that trend.

Since the advent of the internet, the accounting profession has faced an identity crisis.

With the new injection of funds, Sovos plans to continue its geographic expansion, deepen its partner ecosystem, and respond to emerging tax and regulatory changes around the world.