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Skills Modern-Day Accountants Need to Equip Themselves With

Analytix Finance & Accounting

Why is tech adaptation an essential skill for accountants? Online reports say the Accounting Software Market was valued at USD 12.01 billion in 2020. Yet, the role of accountants in utilizing and optimizing this technology will likely remain central to business success. It is expected to reach USD 19.59

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Accounting Practice Management Software: The Top 17 Roundup

Future Firm

Here are the reasons why accounting practice management software is essential in every firm: This type of software allows accountants to easily communicate with clients about services including forecasting, tax advice, and budget preparation. These integration include time tracking, reporting, HR software and more.

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2022 Healthcare Industry Trends: Heightened Cybersecurity Concerns

AvidXchange

48 percent increase in cybersecurity budgets These pressing security conditions prompted healthcare organizations to respond. Forty-eight percent of health industry executives increased their cybersecurity budgets in 2021, according to a PwC report. This integration is not a given.

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How Nonprofits Can Benefit From Purpose-Built Financial Technology

AvidXchange

million nonprofit jobs lost in 2020 still haven't been recovered SOURCE: The NonProfit Times Investing in modern technology such as AP automation can help create more efficient workflows while decreasing the chances of human error, especially when staff turnover is high. Nearly every aspect of nonprofits is touched by the finance department.

AP 52
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Understanding the Reverse Charge Mechanism for SMEs in Singapore

Counto

Effective from 1 January 2020, for services and extended to LVG from 1 January 2023, the RCM introduces new requirements for GST-registered businesses. This may require updates to your accounting systems to ensure accurate GST calculations. Although recoverable later, the initial GST payment can impact your liquidity.

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Intuit acquires ChronoBooks & news from Xerocon London

Cloud Accounting Podcast

Sponsors OnPay: [link] OnPay is offering an exclusive promo code only for the listeners of The Cloud Accounting Podcast to get three free months of OnPay payroll service for any of your clients that you set up by February of 2020! Visit the sponsor link, and use code "CAP3FREE" to take advantage of this offer! Let them know!

XERO 40
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Future of Accounting: The 2022 Annual Guide

Future Firm

For example, here’s what Xero’s App Marketplace looks like: Here, using an app like Jirav can help you automatically prepare forecasts, financial models, dashboards, and actual vs. budget comparisons, where the app’s software integrations look like this: These integrations allow you to: Sync actual financial data from Xero/QBO.