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Tipalti adds new features to AP solution

Tipalti, a software company that specializes in accounts payable and global partner payments workflows, announced new features to its accounts payable automation solution that enhance its communications and documentation capabilities. The two new features are called Bill Talk and Bill Docs. Bill Talk will allow customers to message via chats

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PwC finds risk management challenges rising

Top executives are having trouble keeping up with an ever-growing array of risks, as surging inflation, supply chain constraints and the war in Ukraine add to earlier worries about cybersecurity, ransomware and rapid technology changes. A recent survey from PricewaterhouseCoopers found that 79% of the 3,584 business and risk, audit,

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IRS whistleblower awards plunge

The Internal Revenue Service gave out far less money last year to tax whistleblowers than in recent years and collected much less as well, according to a new report. The fiscal year 2021 report released Friday by the IRS Whistleblower Office, found that in the fiscal year ending Sept. 30,

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Deloitte denies plan to split firm

Deloitte is denying a report this week that it plans to spin off its audit practice as a separate entity from its consulting practice as rival Big Four firm Ernst & Young contemplates such a move. Deloitte reportedly contacted its investment bankers at Goldman Sachs after news of the potential

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Tax Fraud Blotter: Reality bites

Amicable crooks; a load of kibble; what a stool; and other highlights of recent tax cases. Atlanta: Reality TV stars Todd and Julie Chrisley have been found guilty of conspiring to defraud community banks out of millions of dollars in loans. The jury also convicted Todd and Julie Chrisley and their

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Automation need not break the bank

While much has been said about the benefits of automation, small-firm practitioners may feel such things are out of their budget. But according to Brian Tankersley, director of strategic relationships at K2 Enterprises, and Wesley Hartman, founder of Automata, even small and midsized firms can automate their practice without going

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AI bolstered by tech advances in other areas

When people talk about artificial intelligence, what they’re really talking about is the ecosystem of different technologies — like machine learning and natural language processing — that must work in concert to produce viable outcomes, according to David Cieslak, the chief cloud officer and executive vice president at RKL eSolutions.

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International CPA exam testing expanded

The National Association of State Boards of Accountancy, the American Institute of CPAs and Prometric announced that qualified Uniform CPA Examination candidates applying to participating jurisdictions can test at any international location where the CPA exam is currently offered, effective June 2, 2022.  Qualified international CPA exam candidates were previously eligible based on jurisdictions

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IRS pilots new retirement plan compliance program

The Internal Revenue Service’s Employee Plans function is pilot-testing a new pre-examination retirement plan compliance program, starting this month, as a way to shorten the length of time needed for exams. The IRS said in an email Friday it would notify plan sponsors by letter if their retirement plan was

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PCAOB sets agenda for first outside advisory meeting since 2018

The Public Company Accounting Oversight Board plans to hold a meeting next Wednesday with its reconstituted Investor Advisory Group, the first meeting in nearly four years with one of the audit regulator’s biggest stakeholders. The PCAOB announced the agenda Friday for the June 8 meeting. It will include the PCAOB’s

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