Explore the latest shifts in U.S. accounting standards led by FASB, focusing on revenue recognition and lease accounting. Learn what these changes mean for businesses.
Read more...
Explore how accounting firms are embracing remote solutions, leveraging cloud technology, and enhancing client trust in the evolving digital landscape.
Read more...
Discover how accounting firms are navigating the AI-driven landscape, leveraging cutting-edge technology to enhance efficiencies in auditing and bookkeeping.
Read more...
Explore how the shift toward digital commerce impacts sales tax compliance and the strategies businesses use to navigate these evolving regulations.
Read more...
Explore how leadership dynamics in accounting firms are changing due to technology and diversity trends, with insights into modern strategies and tools shaping the industry's future.
Read more...
How AI Is Reshaping Payroll: What Every Business Needs to Know The 2025 Payroll Special Report explores how artificial intelligence is revolutionizing payroll—transforming it from a back-office function into a strategic powerhouse. Discover how AI is enabling greater efficiency, accuracy, and compliance while unlocking real-time insights and cost-saving automation. With insights from industry leaders at ADP, Paychex, KPMG, and more,…
A study commission by software vendor AccuFundhas concluded that users must spend too much time manipulating data outside of their non profit accounting systems. Seventy-three percent of those responding spend one to five hours weekly pulling reports for staff; for 17 percent that rises to six to 10 hours and more than 10 hours weekly for 10 percent.
The 2015-2016 Nonprofit Accounting Insights & Analysis Survey also indicated because 95 percent of the 298 respondents to the online survey had five or fewer accounting staff members "the reporting bottleneck can't be solved by manual intervention."
AccuFund commissioned Nonprofit Pro to survey its readership, specifically soliciting the opinion of those in roles such as executive director, CEO, president, finance manager, treasurer and comptroller, in industries that include human services, education, performing arts, youth servicing, social services and religious organizations.
Sixty percent of respondents reported their financial software does not store and report nonfinancial performance data. Fifty-one percent said their applications do not offer a dashboard with graphical analytics and 55 percent said dashboards in the software cannot be customized for individuals. Sixty percent did report users can get access financial and performance data.
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards. Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that. A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind