In addition to AI, which has made its way onto many accounting tools of late, the platform features real-time collaboration, automated workflows, and big data analytics as well.
You can look at the revenue recognition standard in one of two ways — a compliance burden, or an opportunity for finance leaders to emerge and change the game.
FreshBooks, which makes accounting software for small businesses, has added a payment option for retainers for service-based businesses to automate their recurring revenue.
With today's rapid advances in technology, a migration to the cloud is inevitable. Plan ahead & embrace these changes to benefit the future of your CPA firm.