Corporate finance

The first of two articles on the transformation of the tax and accounting profession looks at the factors driving change.

A recent report has found that inconsistencies in data and reporting mean manual processes are still required to do regular reconciliations.

U.S. accounting firms can work with their counterparts in Ukraine to support the country as it endures the Russian invasion while also getting some much-needed help with their own work as labor shortages continue in the U.S.

A lack of confidence in the accuracy of programs means businesses continuing to rely on manual processes, according to a recent report.

Finance executives are planning major technology investments, but are concerned they lack the staff to properly capitalize on them, according to a recent study.

Companies are undoubtedly raising prices. The question is whether they are exploiting a surge in consumer demand or merely passing on their own higher costs.

Accounting firms are beginning to realize the value of this form of offshoring for solving staff shortages and much more.

Clark Schaefer Hackett, a Top 100 Firm based in Cincinnati, has bought a human resources outsourcing firm also based there.

Goodwill impairments recorded by public companies declined in 2019, but the COVID-19 pandemic appears to have caused it to spike in 2020, based on early reports.