The Frontier: Accountants need to know more than ever

The Frontier: Accountants need to know more than ever

Technology is hugely increasing the sheer amount of knowledge required of a competent accountant — which was already vast to start with, and more of today’s top stories.?

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The Frontier: Accountants need to know more than ever

The fact of the matter is, the sheer amount of knowledge required to be a competent accounting professional has increased dramatically, and it will continue doing so as the profession becomes increasingly intertwined with technology.

In other news today:

KPMG finds hybrid work helps with DEI efforts

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The hybrid work model that has come into wider use since the pandemic can help organizations with diversity, equity and inclusion initiatives.

TIGTA: IRS needs more focus in digital communications

The inspector general said that the service needs to be more focused in its goals for improving taxpayer digital communication.

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PCAOB proposes overhaul of quality control requirements for audit firms

The Public Company Accounting Oversight Board proposed significant changes in the requirements for firms' QC systems, modernizing standards in place for decades.

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On the move: MACPA holds CPA swearing-in ceremony

Grant Thornton adds five to senior leadership team; Marcum prepares for annual Day of Service; and more news from accounting firms across the country.

The battle between tax cheats and the IRS is about to heat up

For the first time in years, rich Americans who cheat on their taxes face a growing threat from the Internal Revenue Service.

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