The accounting sector is poised to undergo its greatest reshuffling in generations. The combination of major talent shortages ...

When firms start chasing efficiency at the expense of expertise, or lean too hard on data and lose sight of relationships, ...

5. Stay Focused. As your organization evolves, it’s important to stay committed to what provides the most worth to your business. Standardizing your chart of accounts can increase the quality of ...

The following master data elements and financial structure are clearly defined. It is important for finance staff to understand what each element represents, how elements are classified and are used ...

Higher pay is necessary to attract more people into accounting jobs (“Accountant Pay Climbs Sharply,” Business & Finance, March 30). Also, artificial intelligence can reduce tedious accounting ...