Emerging technologies

TOPICS / TECHNOLOGY

May 1, 2023

Increase capacity with automation

Firms should consider costs and risks to prioritize
automating repetitive tasks, panelists in our
technology roundtable suggest.

December 8, 2022

The CPA’s guide to technology (and tech gifts)

Inspector Gadget, aka David Cieslak, is the guest on this podcast episode, which focuses on cybersecurity and CPA-centric holiday gifts.

October 1, 2022

What CPAs need to know about NFTs

NFTs are unique, immutable, and auditable records of the ownership of both physical and digital assets.

August 10, 2022

Tackling NFTs in the accounting classroom

An emerging technology has interesting accounting implications.

March 25, 2022

3 ways NFPs can adapt online to the new economic climate

Telling compelling narratives online by leveraging influencers, TikTok, and freelancer platforms can increase opportunities for not-for-profits.

February 3, 2022

A blockchain glossary, the CPA firm of the future, and Excel malware

Blockchain — what does it mean to you? A glossary of terms offers clarity. Also, hear or read more about accounting firms’ tech-integrated future.

November 23, 2021

6 lessons from audit experts who adopted AI early

Machine learning is within reach for many audit firms.

November 18, 2021

Career advice and RPA tips from CPA leaders

One CPA leader shares more on being a lifelong learner and the advice she gives to up-and-coming accountants; another leader explains some of the opportunities that firms have to automate certain processes and begin to offer more advisory services.

October 22, 2021

AI in manufacturing: Optimizing costs and enabling the workforce

Manufacturing leaders can use artificial intelligence to improve efficiency and drive growth. But taking full advantage of the technology requires upskilling the workforce.

September 1, 2021

A take on cryptoasset transactions, investments, and risk

CFOs need to gain perspective on how to handle the accounting, tax, internal control, and risk management challenges of cryptoasset transactions.

August 1, 2021

Ask the expert: What is an API?

Calvin Leong helps firms understand what APIs are available at Thomson Reuters and how to use them.

July 15, 2021

NFTs come with big valuation challenges

Nonfungible token sales have commanded eye-popping prices in the past year, leaving CPAs with many questions related to valuation of these digital assets.

June 24, 2021

Tax consequences of nonfungible tokens (NFTs)

These new blockchain-created digital assets may be treated as intangibles for tax purposes, but a dearth of guidance leaves questions.

June 8, 2021

6 ways to include more technology in the accounting curriculum

Here are some ways accounting departments and faculty can integrate technology throughout the curriculum to better prepare graduates to meet the needs of the profession.

May 25, 2021

AICPA & CIMA issue new nonauthoritative guidance for auditing digital assets

AICPA & CIMA released additional nonauthoritative guidance addressing issues related to the auditing of digital assets such as bitcoin and ether. The material covers topics such as risk assessment; processes and controls; laws and regulations; and related parties.

May 5, 2021

AI presents opportunities for cost optimization in manufacturing

Artificial intelligence and machine learning can drive more efficient operations and more effective growth for manufacturers. Here’s how the technology is being used to monitor for defects, schedule preventive maintenance and improve forecasting accuracy.

April 29, 2021

A new risk matrix for blockchain implementation

A new joint publication from AICPA & CIMA and ISACA provides a risk matrix that identifies risk in five key domains — governance, infrastructure, data, key management and smart contracts.

April 15, 2021

How nonfungible tokens work and where they get their value

A cryptocurrency expert explains the basics of NFTs and the business and buzz behind them.

April 13, 2021

How one accounting program introduces students to RPA

A professor explains how and why to incorporate the technology into the curriculum.

March 9, 2021

Get started with robotic process automation

Experts offer their advice on teaching this emerging technology.

FROM THIS MONTH'S ISSUE

Tax-efficient drawdown strategies in retirement

Want to stretch retirement funds and avoid tax pitfalls? This article shares tips and models for smarter drawdown strategies that maximize after-tax wealth, manage Social Security and Medicare impacts, and minimize surprises. Also see: Tax season preview and quick guide.