Accounting is a client-facing industry, so it shouldn’t be a surprise that client experience is high on the list of emerging accounting trends. But, while a lot of people in the accounting world are whizzes at analyzing financial data, sometimesclient experiencegets overlooked in our profession...
Still, some emerging trends within the accounting field have gained such momentum in recent years that continued acceleration in 2023 seems all but certain. As accounting leaders look to the year ahead, here are three predictions about the seismic shifts reshaping the finance function — and why l...
3. Using artificial intelligence in the accounting industry As far as accounting trends go, this is a big one. AI is a buzzword in a range of fields this year, and the accounting industry is no exception. Many platforms have been using AI before it was a trend, including BILL, which of...
Technology companies are showing signs of healthy growth in some early moves into the communications industry. This is pushing traditional providers to rethink customer experiences. Consumers view technology companies as solutions providers who help them accomplish the tasks of daily living. They enhance ...
The post-SOX business environment has brought many changes to the accounting profession. When the public accounting industry could no longer regulate itself back in the late 1990s and early 2000s, it became subject to formal regulation for the first time. This regulatory environment set higher stan...
Interest in careers in public accounting is high and increasing, while interest in industry is dropping.doi:10.2308/iace.2008.23.3.373Irvin T. NelsonJeffrey J. QuirinValaria P. VendrzykStacy E. KovarIssues in Accounting EducationNelson, I. T., Vendrzyk, V. P., Qui...
The key development is to see momentum as a rate or the speed of the earning capacity of a firm and to account for the change in momentum with economic and financial forces. Yuji Ijiri developed the so-called framework of triple-entry and momentum accounting, or TEMA in short, that is ...
aFrom the scale point of view, China's international engineering contracting industry has been developing rapidly since the reform and opening up, turnover increased by more than $6 in 1985 to $103400000000 in 2011, an increase of nearly 170 times; at the same time, by the end of 2012, ...
With the CIO’s role constantly evolving and technology becoming an integral part of the business, there is an increasing focus on if the CIO reporting structure needs to evolve to drive maximum value. No matter whom the CIO reports to, it’s clear that
1. Increased Automation and AI Integration in the Accounting Industry Automation will continue to transform the accounting profession by eliminating repetitive, time-consuming tasks. And AI-powered tools will streamline data entry, financial reporting, and other bookkeeping tasks. Accounting automation tran...