By Matt Bontrager You can’t survive in a fast-paced environment without financial management—there is no argument with that. Bookkeeping is the key to surviving that environment. Historically, bookkeeping has been a labor-intensive and time-consuming process. We are going to see a sweeping shift in how our early adopters in this industry leveraged artificial intelligence (AI) effectively:…
How AI Is Transforming the Accounting Industry and What the Future Will Look Like
Number of Americans Taking Accounting Exams Drop to Lowest Level Since 2006
The number of Americans taking exams to enter the accounting profession has plunged to the lowest level in 17 years, according to new data from the American Institute of Certified Public Accountants (AICPA). In 2022, the number of new entrants sitting Certified Public Accountants (CPA) exams dropped to just over 67,000, down from 72,000 in 2021, according to…
Number of Americans Taking Accounting Exams Drops to Lowest Level Since 2006
The number of Americans taking exams to enter the accounting profession has plunged to the lowest level in 17 years, according to new data from the American Institute of Certified Public Accountants (AICPA). In 2022, the number of new entrants sitting Certified Public Accountants (CPA) exams dropped to just over 67,000, down from 72,000 in 2021, according to…
The Big Apple’s Finances Are Rancid, Accounting Group Contends
March 3, 2022
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The New York City government, says financial watchdog Truth in Accounting (TIA), is a money mess. Its finances are the most troubled in America, TIA charges, although other cities also have problems. New York’s books, TIA claims, aren’t balanced as required by law. That’s because it doesn’t currently count all its bills, it says. For…
Bulk of S&P 500 Embraces Sustainable Accounting Standard, Foundation Says
September 25, 2021
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More than half of companies in the S&P 500 now use a common standard from the Value Reporting Foundation to report on topics like carbon emissions and energy management, indicating executives are paying more attention to an area likely to face new regulations soon, a foundation official said. “The market has already got a lot…
3 Keys to Making Millions That Business-Strategy Books Won’t Teach You
By Imran Tariq If you have your sights set on that seven-figure mark, it’s likely you’ve read many business books to help get you there. The latest strategies, sales funnels, sales techniques and business models all pave individual pathways to a million dollars in revenue, whether that’s valued on an annual basis or a monthly one….
Irvine Named Country’s Best Financially-Managed City, But Questions Linger About the Process
January 27, 2021
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Financially speaking, Irvine is the best managed large city in the U.S., according a Truth in Accounting ranking of the country’s metropolises. The table below shows the 15 California cities listed by the organization and how they compared to the U.S.’s largest 75 regions for which data was available when Truth in Accounting completed its…
Irvine Named Country’s Best-Managed City Financially, But Questions Linger About the Process
January 27, 2021
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accountingCaliforniaeconomic anaylsiseconomyirvineNY-CalOrange CountySouthern CaliforniastatisticsStudiesUS
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Financially speaking, Irvine is the best managed large city in the United States, according a Truth in Accounting ranking of the country’s metropolises. The table below shows the 15 California cities listed by the organization and how they compared to the United State’s largest 75 regions for which data was available when Truth in Accounting…
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