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From climate change to social justice and ethical business practices, investors and consumers alike want more from businesses. If there is one catchphrase that defines business today, it has to be sustainable investing. As the...

Discover how Blue Ocean Strategy helps businesses achieve growth by creating unique, competition-free market spaces through innovation and new demand. In today’s crowded markets, businesses often compete head-to-head for the same customers in what’s known...

Artificial intelligence powers dynamic forecasting, making financial planning go beyond the rigid boundary of a fixed budget. In a rapidly changing business environment, traditional budgeting is looking its age. For decades, businesses have been using...

Companies can’t rely on shared physical spaces to keep employees engaged, aligned, and motivated in the distributed context. In today’s workplace, distributed teams are the norm rather than the exception. From remote work to hybrid...

Shifting corporate tax rates, new deductions or credits, or changes in requirements of compliance – all these changes make it crucial for companies to be able to adapt and update themselves accordingly for them to...

Small businesses are the backbone of the United States economy. It is, however, usually their small size that makes them more prone to risky instances such as fraud, operational inefficiency, and regulatory violations. Tax amnesties...

ASC 606 has reshaped revenue recognition in the homebuilding industry, introducing new challenges around contracts, pricing, and timelines. Explore this article to understand how these changes impact your business. ASC 606 has reshaped how homebuilders...

When businesses venture into renewable energy projects, deciding between the Investment Tax Credit (ITC) and the Production Tax Credit (PTC) is key to maximizing financial incentives. Both tax credits offer significant benefits, but they are applied differently based...

Discover the journey from traditional accounting to cloud-based solutions, exploring benefits and risks in embracing digital transformation in finance. In a world where digital transformation is reshaping every aspect of business, accounting is no exception....

Explore how blockchain asset tracking boosts transparency, accuracy, and compliance in financial reporting for inventory-heavy sectors. Benefit from real-time tracking and immutable data for efficient audits and better supply chain management. Blockchain-Based Asset Tracking for...

Discover the transformative benefits of AI in accounting, from enhanced accuracy and efficiency to strategic insights. Explore how AI is reshaping finance and helping businesses stay competitive. IntroductionHaving harnessed the powers of Artificial Intelligence (AI)...

Explore how blockchain technology is revolutionizing accounting with secure, transparent, and tamper-proof financial transactions. Financial records that are secure, transparent, and tamper-proof could soon be the standard. This is the potential of blockchain technology in...

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May 29, 2023

Explore the future of corporate tax, influenced by globalization, digitalization, and demands for fairness. IntroductionAs the world of business continues…

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April 4, 2023

FSSCs enhance corporate financial operations by centralizing and standardizing processes, leveraging automation, and driving growth through innovation and technology, allowing…

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Accounting Technology

The Future of Technology in Tax & Accounting
Accounting software automates and streamlines various accounting tasks, such as financial reporting and budgeting, improving accuracy, reducing errors, and increasing efficiency. This allows accountants to focus on higher-level decision-making and strategic planning.
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