Following anxieties that robots would replace their jobs, small business (SMB) accountants are now on a path to potentially become more strategic partners with their SMB clients. Many industry players are touting the ability to use analytics and automation technology to handle mundane, time-consuming tasks, freeing up resources for accountants to take on more advisory roles.
However, other players have warned that, despite the promises of technology, accountants have yet to elevate their positions into a more strategic collaboration with SMBs — manual data entry remains one of the largest burdens, for instance. That’s because, particularly for smaller accounting firms, the challenges associated with collecting and categorizing all the necessary information on their SMB customers continue to be a hurdle.
Not to change the topic here:
Independence trap: Helping clients with rev rec implementations | Accounting Today
Implementing the new revenue recognition standard is a challenge for many organizations, but it needs to be tackled. The standard is effective for private companies and many not-for-profits in calendar year 2019. Time is quickly running out to make sure systems are updated and staff are properly trained. Some clients may still feel discouraged, so they turn to their auditor for guidance in implementing FASB's Accounting Standards Codification 606, "Revenue From Contracts With Customers."
Accounting Analyst - RXBAR | Built In Chicago
We’re looking for an Accounting Analyst to join our Finance Team in Chicago, IL.
RXBAR is one of the fastest growing natural brands in the country. This growth requires increased support for our accounting functions and trade spend management. The Accounting Analyst will investigate and analyze outstanding customer deductions/charge-backs to determine validity for our Club and Mass customer channels.
M&A roundup: Windes, UHY, TYS and McGuire Sponsel do deals | Accounting Today
Windes merges in Smith, Linden & Basso; UHY Advisors acquires Stewart, Beauvais & Whipple; TYS merges with Lefkowitz; and McGuire Sponsel acquires Align Global Consulting.
In case you are keeping track:
How Self-Service Analytics Will Boost Your Accounting or Finance Career In 2020 - Going Concern
In 2020, self-service analytics could be the superpowered accelerator your accounting or finance career needs to get to the next level.
You'll remember the introduction of self-service analytics as the kickoff of the second act—where the hero gains his or her powers and takes the first steps toward learning to use them to make the world a better place. And once you've mastered self-service analytics, that's when you reach the third act—unleashing the potential that was inside you the whole time to take down the villain and save the world.
Keep your wits about you this tax season | Accounting Today
By now, tax practitioners have done all they can to prepare for this year's tax season. Sometimes it can feel like now, it's up to the client to do their part so you can do your job. In many ways, you're right.
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This tax season, don't stress. In 2020, there's no need to. Reach out to peers to see what technology they're using to make their tax season less challenging, and use resources like Accounting Today , user communities on social media, and the account representative from your software vendors to learn what tools are out there to help you.
NSA Foundation accepting 2020-21 scholarship applications | Accounting Today
The National Society of Accountants Foundation announced on Wednesday that it is accepting applications for its 2020-21 student scholarships.
Scholarships will provide financial assistance to American and Canadian citizens. Applicants must be currently enrolled in an accounting degree program at an accredited two- or four-year college or university. Applicants will be judged on factors including academic achievement, demonstrated leadership and financial need.
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