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How technology has impacted accounting—from compliance to strategy

ThomsonReuters

From increasing accuracy to optimizing tax workflow to freeing up time for more value-added activities, technology has transformed the accounting industry—for the better. This shift outside of traditional tax compliance positions accountants as trusted advisors or consultants to individuals and businesses. Automation.

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4 Keys to Selling Your Boss on New Tax Compliance Solutions

ThomsonReuters

Sure, your firm’s tax compliance software does its job, but you know that there’s room for significant improvement. Then comes a pause: any up-front expense and onboarding require careful decision-making in the proverbial boardroom. It is no secret that today’s firms are facing increased commoditization of compliance-based services.

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Comment on Appraisal Regulation Compliance Council Exposes Disturbing AMC Violations by Eric Kretz

Appraisers Blog

They discovered that not only could they continue to control the entire loan process start to finish, but could be very profitable and market to other users in need of an AMC. A large mortgage company hired a 3-person team to set up an AMC from their mortgage loan production staff. I can name two here in CO that did exactly that.

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Comment on Appraisal Regulation Compliance Council Exposes Disturbing AMC Violations by PJTC

Appraisers Blog

With no real oversight on the AMC’s bad players showed up and wanted their fair share. Seeing the AMC’s were ripe for picking, they set-up shop. Once they got the appraisers in line they came up with this great idea of pitting appraisers against one another by putting assignments out to bid.

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Comment on Appraisal Regulation Compliance Council Exposes Disturbing AMC Violations by Flash

Appraisers Blog

The 1 % of AMC work is Nothing but the Rush 48hr where I charge ridiculous fees in Silicon Valley when the AMCS are backed up over 3-6 weeks or more. When the refinance boom starts next year appraisers should be busy and my rush work will also be needed. So if I list a n estate property for $1.5

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More needed to tackle R&D abuse and improve compliance, claims RSM

Accountancy Today

More is needed to tackle R&D abuse and improve compliance despite the improvements to legislation made as part of the Government’s Finance Bill, according to RSM UK. That could be a bitter pill to swallow for start-up and fledgling companies and may result in such companies losing out on valuable benefits.

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Corporate Finance Jobs: Cozy Careers, But Bad “Plan B” Options

Brian DeChesare

Corporate finance is fine if you’re in it to advance up the ladder over many years/decades while having a reasonable work/life balance. based roles will start in the $70 – $90K range and advance to the $200 – $250K range at the Director level. Can we speed up the data consolidation processes? Your total compensation in U.S.-based