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EY member firm faces inquiry by Indian regulator over Adani audits

Accounting Today

Batliboi's audits on some companies going as far back as 2014, sources said. The NFRA has requested files and communications related to S.R.

Auditing 195
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What is audit automation?

Nanonets

The era of automation has brought about a revolution in various industries, and the audit sector is no exception. The integration of Artificial Intelligence (AI), cloud-based data storage solutions, and data analytics tools is set to transform the audit industry, reshaping the way accountants and auditors carry out their tasks.

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Understanding ASC 606 Revenue Recognition?

Billing Platform

When: In May 2014, the FASB and IASB jointly issued Accounting Standards Update (ASU) 2014-09, which introduced ASC 606. Getting it right requires intelligent revenue recognition software that delivers automation, accuracy, and auditability. Obtaining the right revenue recognition solution shouldn’t be left to chance.

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Infographic: Get Out of the Denial Danger Zone

SSI Healthcare Rev Cycle Solutions

A Path Forward: SSI Solutions (Claims Reporting and Analytics, Denial Management, Audit Management). SSI AUDIT MANAGEMENT: Gain insight into the root cause of denials and maximize appeal recoveries. You will be able to move audit requests electronically to any department, scan, and attach any supporting documents.

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Accounting Technologies: The 2023 Annual Guide

Future Firm

The software then scanned related tax law and court cases to provide a degree of confidence on what the outcome would be if that very issue went to court: Tip 2: Seek an AI Accounting Technology for Audit Traditionally, the audit process would sample large sets of figures and perform certain tests to provide a level of assurance over that data.

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AvidXchange Helps Hotel Operator Save 37 Hours Each Week, Cut Processing Time by 80 Percent

AvidXchange

“Within a four-month period back in late 2014, we doubled in size,” says Brian Murphy, Director of J.D. ” Easy audits With each hotel ownership group having its own internal and external auditing teams, Murphy was challenged to manage a time-consuming and cumbersome audit process. We needed a transformation.”

AP 40
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Stay Tax-Savvy: Regional Invoicing Rules Explained

Invoicera

Moreover, proper invoicing practices are highly crucial during tax audits. Discrepancies can trigger further scrutiny, penalties, or audits, which will only cost your business dearly. It’s a high necessity for financial auditing, legal verification, and historical analysis. That includes paper, electronic, or both versions.