AUSTIN, Texas, June 4, 2021 /PRNewswire/ -- MIP Fund Accounting, the leading accounting software for nonprofits, educational programs, health and community services and government organizations, today announced it has been recognized by the 2021 TrustRadius Awards as a Top Rated product in the Excellence in Accounts Payable/Accounts Receivable and Expense Management categories.
Based on excellent customer reviews and ratings, TrustRadius analyzed over 8,000 high-quality, in-depth user reviews from the last 12 months to determine the Top Rated products across multiple software categories. Every user and review is verified with stringent fraud protection, allowing the TrustRadius Top Rated awards to reflect the true voice of the market. The trScore metric corrects for bias and can't be manipulated, unlike vanity awards.
U.S. SEC ousts head of accounting watchdog, puts rest of board on notice | Reuters
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The seal of the U.S. Securities and Exchange Commission (SEC) is seen at their headquarters in Washington, D.C., U.S., May 12, 2021. REUTERS/Andrew Kelly
The U.S. Securities and Exchange Commission (SEC) on Friday said it had removed the head of the oversight board that sets standards for audits of public companies and planned to replace the rest of the board in due course.
The SEC said in a statement that it had voted to remove William Duhnke III as chair of the Public Company Accounting Oversight Board (PCAOB), a role he has held since January 2018, effective Friday. The other four members of the board will stay on, but the SEC -- which oversees the accounting watchdog -- is soliciting resumes for those roles.
Taking Advantage of Automation in Accounting
We begin our series on tackling the idea that 'automation' does not imply purely that existing manual tasks are being taken over by technology, but that tasks that were not previously possible can now become standard practice.
In this article, Right Networks' Director of Firm Technology, Roman Kepczyk, CPA answers pointed questions from firms who have struggled with getting started with, and spending on, the automation of accounting and other functions, as well as what it brings to their businesses.
AI bookkeeping: The future of accounting for business | Accounting Today
Artificial intelligence is rapidly becoming a part of more businesses' daily operations, with AI chatbots and product recommendation engines already in widespread use.
The use of AI accounting automation isn't limited to global enterprises: Some modern firms offer AI bookkeeping and accounting services that benefit businesses of all sizes.
So, what does the growth of AI mean for the future of businesses' finances? How will the widespread adoption of AI transform the role of the finance professional for the better?
Employers added 559K jobs in May, including 14.1K in accounting | Accounting Today
Employment increased by 559,000 in May, while the unemployment rate declined 0.3 percentage point to 5.8%, the U.S. Bureau of Labor Statistics reported Friday, as the economy slowly recovers from the COVID-19 pandemic.
"The participation rate slipped down and the wages went up a little bit," said Phil Noftsinger, executive vice president at CBIZ, a Top 100 Firm. "I think those could be supporting factors related to the overarching theory that enhanced unemployment benefits are keeping some workers on the sidelines. I don't know that they point directly to that, but those certainly would be supporting data for that theory. In professional services, there was job growth, but it was pretty light.
6 ways to include more technology in the accounting curriculum - Extra Credit
The accounting profession needs graduates who are conversant with at least the basics of control over business processes and accounting data. However, as a survey by the AICPA and National Association of State Boards of Accountancy (NASBA) found, a gap exists between the types of technology that are being taught in accounting programs and the technological acumen that employers seek.
Accounting information systems (AIS) courses can play a key role in closing this gap, but they shouldn't carry the full burden of teaching students about new technologies.
Getting into accounting - having a fresh start by changing career path | AZ Big Media
The accounting industry is growing and changing, and you could be part of its expansion. Being an accountant allows you to test yourself, and if you love working with numbers but not always people, then the accounting industry is probably a good industry for you to get into. To become an accountant, you will need the correct qualification; you will need a degree. You can get a degree from Point Park University B.S.
When you are qualified to be an accountant, you have lots of opportunities available to you. For example, you could go it alone, set up a business, work for someone else, or perhaps work within a corporate setting. As lots of people, both individuals and businesses of all sizes, always need accountants, then you should never struggle to find an opportunity or avenue to go down. To establish what is right for you, think about how you visualize yourself working.
A Full Accounting | Opinion | Northern Express
CRT is the notion that categorizing race into subgroups is an artificial construct designed specifically to oppress minorities, especially Black Americans, while maintaining control for an existing, mostly white, power structure, especially as it applies to the law.
In other words, we've intentionally created a socioeconomic system of haves and have-nots and a legal system to enforce it.
The theory has gained significant attention, if only modest traction, during our current period of attention to racism and its attendant stench. Its essential tenets are open for rigorous differences of opinion and interpretations. Mostly an academic exercise, CRT isn't well suited to classroom instruction, which brings us to a satellite of CRT that was modified for the classroom.
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