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How AI can transform the way accountants work — for the better

ThomsonReuters

Ethical considerations in the human-AI partnership A successful human-AI partnership Because the accounting profession is traditionally compliance-focused, it is particularly prone to AI disruption. Compliance. The transformative impact of AI in accounting How can accounting firms leverage AI? Tax research and planning.

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How to address the growing skills gap in global trade management

ThomsonReuters

A new whitepaper from the Thomson Reuters Institute (TRI) explores the causes of a growing skills gap in global trade management, and proposes several solutions. 45% of respondents also said they are considering outsourcing to fill these skills gaps because they cannot find the talent they need on the open job market.

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The Big Shift: Positioning your firm to help clients evolve

ThomsonReuters

These changes impact companies in just about every area of business: financially, organizationally, and from a marketing perspective. Doing so offers firms a way to replace vanishing revenue from declining tax compliance work and an opportunity to strengthen the relationship with clients. Firms can meet these needs for businesses.

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Capturing advisory opportunities: Where is your firm in its journey to advisory?

ThomsonReuters

To answer these questions and much more, let’s begin our journey with the basics and introduce a market-proven advisory roadmap that can help you better serve clients, enjoy more engaging work, and increase your bottom line. And if your firm currently offers advisory services, how do you know if you’re billing clients appropriately?

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How to address the persistent skills gap in global trade management

ThomsonReuters

37% of respondents also said they are considering outsourcing to fill these skills gaps because they cannot find the talent that they need in the open job market. Generative AI is set to streamline trade compliance processes by automating tasks like generating trade documents.

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Managing post-Brexit supply chain disruption

ThomsonReuters

Other market sectors with complex international supply chains—e.g., Costs of compliance with new UK-EU import/export protocols. Sanctions are another area where the UK’s break from the EU complicates trade compliance. International networks and supply chain considerations. Sanctions and export screening.

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The Big Shift: Changing needs means changing tactics

ThomsonReuters

Taking on a consultant role to help businesses through this evolution presents your firm with an opportunity to replace vanishing revenue from declining tax compliance work. Get ahead of this challenge by deploying technology and market research to gain insights that will let you be predictive and proactive.