While significant accounting processes memos don't have the story line of your favorite novel, they do provide control over your company's financial reporting. Documentation of significant accounting ...

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It’s a truth as old as the abacus: Inefficient accounting plagues operations in all kinds of businesses, from mom-and-pop shops to the largest enterprises. Bad accounting processes are a waste of time ...

Discover how micro accounting works at personal, corporate, and government levels. Learn its processes and how it contrasts with macro accounting strategies.

The accounting cycle tracks a transaction until it’s added to your company’s financial statement. Follow this eight-step ...

Internal controls are business processes that provide reasonable assurance regarding several key business objectives: that the business is operating efficiently, that reporting is reliable and that ...

The solution is built on the Advantage platform from Bloomberg Tax, and uses a business rules engine that standardizes workflows between third-party systems (including enterprise resource planning ...

One of the common misconceptions about blockchain is that it’s one technology. You may have heard or seen references to companies tracking supplies on the blockchain or smart contracts being executed ...

Thanks to AI, the accounting profession is experiencing a significant shift. Researchers from Columbia University and elsewhere found that native AI agents within enterprise resource planning (ERP) ...

Accounting Today's own Year Ahead survey found that a significant proportion of firms are still experiencing staffing issues: for large firms, recruiting and retaining good employees was the No. 1 ...

The demand for high-quality accountants is surging, but in today’s hiring environment, the supply is constrained. That’s led to struggles in many companies’ accounting departments. “They’re getting ...