"In this survey, lease accountants identified key unresolved accounting challenges and explained practical ways to improve their lease management this year," said Michael Keeler , CEO at LeaseAccelerator. "It's clear that organizations in all phases of adoption can be more efficient and integrated to reduce their overall risk and cost and drive a higher ROI."
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How data analytics can boost accountant advisory services | Accounting Today
The same sort of analysis can be done on clients. Let's say you have a client who is a retailer — they have brick-and-mortar locations, as well as an ecommerce presence. While they can have a larger product mix online, limited in-store space requires stocking a small portion of their inventory. If you can run the numbers and tell them which items are languishing on their shelves longest, you can make their in-store operations more profitable.
As data analysis becomes more widespread, the firms who are familiar with the systems and processes related to it will have a leg up on those who don't. If you're not already analyzing the data you get for clients to look under the hood of their business, it's time to start doing so.
Big business, accounting and accountability | Corporate governance | The Guardian
Former AT&T lawyer Theo Marcus claims the company overcharged poor schools for internet
Theodore Marcus once was an in-house lawyer for AT&T, tasked with reviewing whether the telecom giant was overcharging schools and libraries for Internet and telephone service.
Marcus came to believe that AT&T did not charge low prices required by law, misled the government about its compliance with the rules of a federal program and then rebuffed his concerns. A few months before he left AT&T, Marcus handed what he thought was damning information to a lawyer suing the company, with the expectation that he might share in the payout if the suit was victorious.
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College accounting programs not covering emerging topics: AICPA/NASBA report | Accounting Today
College accounting education is lagging on emerging topics, with less than half of all collegiate programs covering growing topics in data and technology, according to a new report from the American Institute of CPAs and the National Association of State Boards of Accountancy.
"The accounting profession is becoming increasingly reliant on the use of emerging technologies, information systems and data analytics," said Sue Coffey, CEO of public accounting at the AICPA, in a statement. "Businesses are increasingly seeking technology-related services and advice and it's important for newly licensed CPAs to be adept in their knowledge, usage and skills.
The best laptop for accounting - Chicago Tribune
While a laptop that can run accounting software may not need blazing speeds and limitless storage, there are certain features that are critical. Without the right keyboard layout, for instance, some accountants would not be able to function. You need to carefully consider how you work best before choosing a laptop for your accounting needs.
The HP ENVY x360 Convertible Laptop is more than capable of handling all of your accounting needs. Plus, it has additional privacy features that may give you peace of mind while working on sensitive documents. For more information on choosing the best laptop for your accounting needs, keep reading.
Cannabis Accounting Highs and Lows
Because of IRC §280E limitations, cannabis businesses cannot take any credits or deductions except for the cost of goods sold (COGS). Moreover, due to of the tremendous tax burden, cannabis businesses are in a constant cash crunch and in need of an accounting professional.
Cannabis accounting has become a profitable niche, yet it's grown increasingly crowded. What do you need to know to get in and get ahead?
Hudson MX Unveils Cloud-Based Media Accounting Platform, Says It Will Transform The Ad World
In a move that has implications far beyond Madison Avenue’s green eyeshade crowd, media-buying data processor Hudson MX is introducing a new cloud-based media accounting platform that could shake up many of the ways the advertising world has traditionally accounted for its media buys.
The new platform -- aptly named FinanceAssist -- offers a clean slate for advertisers and agencies to customize and innovate how they do bookkeeping for their media buys, enabling them to break free of legacy systems -- principally Hudson MX rival MediaOcean’s -- which are built on static mainframe computer systems that have stifled innovation in the ways Madison Avenue manages data and financial records associated with its media buys.
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