The Frontier: Accountants are drowning in data

The Frontier: Accountants are drowning in data

As accountants collect greater and greater amounts of information, the issue becomes how to manage it, and more of today’s top stories.?

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The Frontier: Accountants are drowning in data

Accountants are truly living in the age of data, where sophisticated gathering techniques combine with computer-guided analytics to produce business insights for clients that translate into more revenue for the firm.

In other news today:

Estimates of the tax gap keep growing

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The IRS is projecting that the annual gross tax gap in 2014-2016 of $496 billion jumped to $548 billion for 2017-2019.

SEC cracks down on excessive executive pay

The Securities and Exchange Commission adopted rules this week requiring public companies to claw back erroneously awarded incentive-based compensation received by their current or former executives only months after issuing a set of rules on pay versus performance.

20 Days to a Better Firm: Throw money at them

The Best Firms are finding more and more ways to put cash in the hands of their staff.

On the move: Eide Bailly announces 2022 'Resourcefullness' Award winner

NCCPAP elects 2022-23 officers and directors; PCAOB appoints chief auditor and inaugural COO; and more CPA news.

Tech News: IRIS acquires Thomson Reuters payroll product

Plus, AuditBoard touts new ESG program management solution; Corvee offers tax planning strategy library; and other news and updates from the accounting technology world.

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