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Industry News: 81% of Audit and Risk Professionals Believe Risk Will be Unpredictable in 2021

81% of Audit and Risk Professionals Believe Risk Will be Unpredictable in 2021 During the executive keynote presentation at Audit & Beyond, attendees were asked questions about the risks their businesses face as a result of the pandemic and looking forward. Responses reveal an evolving risk landscape with a variety of different … Nov 12th, … Read more

Industry News: 4 Tips for Preventing ACH Credit Fraud

4 Tips for Preventing ACH Credit Fraud Forced to work from home during COVID-19, accounts payable departments have accelerated plans to move away from paper checks and pay more of their suppliers by ACH. That, in turn, accelerated another trend: fraud. Josh Cyphers Nov 10th, 2020 Forced to work from home during COVID-19, accounts payable … Read more

Industry News: Digital Transformation Beats Paperless Processes

Digital Transformation Beats Paperless Processes When firms were forced to work remotely in March of this year, the pandemic exposed the places where “paperless” processes were just “less paper.” Many firms were still sending employees into the office to open mail, scan documents, send invoices and … Arianna Campbell Nov 5th, 2020 For years, the … Read more

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Industry News: New Tax Scam Uses Text Message About Covid Payment

New Tax Scam Uses Text Message About Covid Payment The scam text message states: “You have received a direct deposit of $1,200 from COVID-19 TREAS FUND. Further action is required to accept this payment into your account. Continue here to accept this payment …” Nov 4th, 2020 The IRS, state tax agencies and the tax … Read more

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Industry News: New income ranges for IRA eligibility in 2021

New income ranges for IRA eligibility in 2021   IRS Tax Tip 2020-149, November 4, 2020 There are cost‑of‑living adjustments that may affect a taxpayer’s pension plan and other retirement-related savings next year. People should familiarize themselves with these adjustments, so they aren’t caught off guard. Here are some highlights of the 2021 changes: The … Read more

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Industry News: Does Your Firm Have a Clear Vision for Hosting: Public Cloud, Private Cloud, SaaS

Does Your Firm Have a Clear Vision for Hosting: Public Cloud, Private Cloud, SaaS During the last half of this year alone, we’ve seen outages from Microsoft, Wolters Kluwer, Intuit, and many other applications that are critical for our profession. Are they only ones? Certainly not! If we look back two years, the list becomes … Read more