AI in accounting: Who are the humans in the loop?
Accounting Today
JULY 16, 2024
Accounting firms and vendors alike have stressed the importance of having a "human in the loop" to oversee AI. Just who are these humans and what do they do?
Accounting Today
JULY 16, 2024
Accounting firms and vendors alike have stressed the importance of having a "human in the loop" to oversee AI. Just who are these humans and what do they do?
Accounting Department
JULY 16, 2024
Growing a business is a multifaceted challenge that requires careful financial management. For many business owners, juggling daily operations while keeping track of finances is daunting. Enter Client Accounting Services (CAS), a crucial element for business growth that improves financial accuracy, reduces costs, and offers expert financial guidance.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Accounting Today
JULY 16, 2024
Accounting is an industry wedded to traditional techniques, so leveraging new technology will require a cultural shift within the organization.
Insightful Accountant
JULY 16, 2024
The potential expiration of key provisions of the Tax Cuts and Jobs Act (TCJA) at the end of 2025 is a critical issue that requires careful attention and proactive planning, and Section 199A is no exception.
Speaker: Brad Pinneke, VP of Business Development at Payrix and Worldpay for Platforms
Join Brad Pinneke, Vice President of Business Development at Payrix and Worldpay for Platforms for an informational webinar about how to select the ideal payments provider for your platform! This session highlights the 7 key criteria for assessing payments partners and maximizing the value of your investment. From evaluating technology and business development programs to understanding support and compliance, this webinar will equip you with a comprehensive evaluation framework and strategy for
Accounting Today
JULY 16, 2024
The role of the internal auditor is expected to change drastically in the decade to come, according to a new report by the Institute of Internal Auditors.
Accounting Tools
JULY 16, 2024
What is Underwriting in Insurance? Underwriting is the exchange of a fee for the acceptance of risk. This is a risk transfer from one party to another, and is most commonly applied to the insurance industry, where clients pay an insurer to take on specific risks. If a covered risk occurs, the underwriter pays the client an amount stated in the related insurance contract.
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
Accounting Tools
JULY 16, 2024
What is Nonprofit Accounting? Nonprofit accounting refers to the unique system of recordation and reporting that is applied to the business transactions engaged in by a nonprofit organization. A nonprofit entity is one that has no ownership interests, has an operating purpose other than to earn a profit , and which receives significant contributions from third parties that do not expect to receive a return.
Accounting Today
JULY 16, 2024
A roundup of the most important court cases, regulations and more in tax for the first six months of the year.
Accounting Tools
JULY 16, 2024
What is the Rule of 72? The Rule of 72 is a calculation used to estimate the number of years it will take to double one’s invested money, given a specific annual rate of return. The rule is useful in situations where you do not have access to more precise methods of calculation, such as an electronic spreadsheet or a calculator. How to Calculate the Rule of 72 The calculation is to divide 72 by the interest rate on the invested funds.
Accounting Today
JULY 16, 2024
AuditBoard has released an out-of-the-box assessment tool feature for internal auditors to assess conformance with new IIA global standards.
Advertisement
Uncover the latest trends in expense management for small and medium-sized businesses. Our 5th Annual Trends Survey reveals that corporate card use is skyrocketing, but expense software isn't keeping up. This mismatch is creating real challenges for finance teams, who now take an average of 14 days to close their books. Travel policies are shifting to accommodate hybrid work, but many companies are struggling with off-tool bookings.
Insightful Accountant
JULY 16, 2024
Intuit is hiking the cost of its QuickBooks Payments processing as of August 15, 2024. This price change only impacts Intuit customers processing 'payment card' transactions using QuickBooks Payments.
Accounting Today
JULY 16, 2024
BOI guidance; IRS accessibility; home on the road; and other highlights from our favorite tax bloggers.
Accounting Tools
JULY 16, 2024
How to Record an Accounting Transaction When an accounting transaction occurs, it can be recorded in the books of an organization in a number of ways. The following comments note the most common methods available. These recordation methods all create entries in the general ledger , or else in a subsidiary ledger that then rolls into the general ledger.
Insightful Accountant
JULY 16, 2024
Docyt AI has announced a new AI-based bookkeeping tool called "Gary.
Speaker: Duke Heninger
With the rise of fractional finance roles, many CFOs, FP&A professionals, controllers, and accountants are stepping into independent consulting. The expansion of fractional services presents new opportunities for finance professionals, but many face challenges in navigating this transition, finding it daunting. Whether you’re new to fractional work or refining your approach, this webinar will equip you with a repeatable system for success.
Accounting Tools
JULY 16, 2024
What is the Accounts Payable Turnover Ratio? Accounts payable turnover is a ratio that measures the speed with which a company pays its suppliers. If the turnover ratio declines from one period to the next, this indicates that the company is paying its suppliers more slowly, and may be an indicator of worsening financial condition. A change in the turnover ratio can also indicate altered payment terms with suppliers, though this rarely has more than a slight impact on the ratio.
oAppsNet
JULY 16, 2024
Effective Environmental, Social, and Governance (ESG) reporting is vital for companies committed to sustainability and transparency. Good ESG reporting satisfies regulatory requirements and builds trust with investors, customers, and the public. It involves accurately and succinctly communicating a company’s impact on the environment, its people, and how it is governed.
Accounting Today
JULY 16, 2024
The muni tax-exemption — estimated to cost the U.S. government roughly $40 billion each year — has been mentioned as a target for elimination.
AvidXchange
JULY 16, 2024
Seventy-two percent of organizations are currently using artificial intelligence (AI) in their finance department, according to AvidXchange’s 2024 Trends Survey. It is no surprise given the buzz surrounding this technology. While many businesses are experimenting with AI, some may wonder, “How is AI used in fintech?” This piece will share the potential uses for AI in fintech, including popular applications and challenges surrounding the implementation of this groundbreaking technology.
Speaker: Igli Laci, Strategic Finance Leader
In today’s competitive market, pricing is more than just a number — it’s the cornerstone of profitability. The right pricing strategy ensures that you capture the true value of your offering, paving the way for sustainable growth and long-term success. Join Igli Laci, Strategic Finance Leader, in this exclusive session where he will explore how a well-crafted pricing approach balances customer perception with business objectives, creating a powerful tool for securing both competitive advantage a
Cloud Accounting Podcast
JULY 16, 2024
In light of recent events, Blake and David examine assassination attempts on US presidents, providing historical context. They move on to Intuit's recent layoffs, critiquing the company's communication strategy and exploring potential AI improvements for such announcements, and then shift to the Synapse bankruptcy, its impact on fintech users, and evolving regulatory scrutiny.
Blake Oliver
JULY 16, 2024
As an accountant, when disaster strikes, I cope by putting numbers to it. So when I heard about the assassination attempt on President Trump this weekend, I did some research. The findings? Being President is one of the most dangerous jobs in the world: -27% of US presidents (12 out of 45) have faced assassination attempts 8.9% (4 out of 45) were assassinated in office The 4 presidents killed in office: Lincoln, Garfield, McKinley, Kennedy 8 more survived attempts, including Jackson, Teddy Roose
Let's personalize your content