Accountant Forums

But before jumping into why you shouldn’t worry, take a look at why the WEF considers accounting a dying profession. The World Economic Forum labeled accounting as the #3 most at-risk job.

accountants forums

Here are three strategies to prepare your clients and your business. The larger issue is the fact that a lack of skills relating to technology advancements is hindering tech adoption, which in turn, is stifling an accountant’s potential for growth. The online registration fee provides access to those sessions that will be broadcast from the in-person event. The 2022 Higher Education Forum is set to return to an in-person format. If you are unable to join us in Seattle, we will be broadcasting select sessions.

Automation Coupled With Covid Is Hitting Workers Where It Hurts

Accounting software, for example, allowed regular business owners to take care of their own financials and reporting without an accounting degree. Although the divide is narrowing, higher education looks much different to people off the campus than on it. In this presentation we’ll discuss how the world sees colleges and universities, and some of the reasons why. Join KPMG and Planon Software to see a demonstration of KPMG’s cognitive contract management tool and Planon’s GASB 87 Software. The CCM tool utilizes robotic process automation to evaluate whether contracts meet the revised definition of a lease and to extract salient lease terms from the contract documents to Planon’s software upload templates. The CCM tool can read documents in different formats, including hard copy scanned contracts, and combined with Planon’s software can accelerate the time it takes to implement and comply with GASB 87.

accountants forums

Conspicuously absent from this list are the innumerable LinkedIn groups that feature lots of good content but little peer banter. LinkedIn groups are good places to find interesting thought leadership and trending topics, but as much for technical accounting discussion.

Nacubo Thanks The Following Supporters Of This Event:premier Supporter

Other resources such as CPA-reviewed podcasts and videos are also available to users. A Preliminary Views document explained categorizing and recognizing certain revenue and expense transactions. Join a panel of your peers who participated in GASB’s field test to discuss discoveries and challenges related to this new framework and GASB staff responses to date. Panelists will also summarize feedback provided to the board from higher education and other governmental entities and help the audience understand where this effort will lead.

accountants forums

Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website Another71 offers several tools and resources for aspiring CPAs, including CPA Exam news, study tips and materials, and forums. Discussion topics in Another71’s online community range from study plans and habits to proven tips for passing the CPA Exam.

Accountant Forums

As a result, 43% of companies surveyed by the WEF stated they would be reducing their workforce in the future due to integrating new and existing technologies. It’s expected that humans and machines will spend equal amounts of time on current tasks by 2025.

What is the future of accounting?

Demand for Accountants in the Future

According to the U.S. Bureau of Labor Statistics, jobs for accountants and auditors are projected to grow by 4% between 2019 and 2029, which is on par with the projected average for all occupations.

Is that reason to worry that one day you’ll be replaced by humanoid bots? And academic leaders to ensure sound decisions and minimize resistance. To close, we will show how predictive models can provide activity, cost, and revenue estimates for various program planning scenarios. Recognize how Federal legislative issues will impact the business office. The Finance and Accounting Forum has two co-chairs who chair and lead forum meetings.

Additional Resources

We are a forum for professional accountants and tax advisers to discuss accountancy and taxation, but we also welcome individuals and business users who have queries relating to these matters. The Association of Accounting Technicians is an internationally recognized professional body in the accounting/finance/bookkeeping sector. The AAT Discussion Forum provides peer support to its members, including students and AAT licensed professionals. AAT’s active community allows users to receive industry news, discuss the latest trends, get peer support, and meet other students and professionals. Proformative is one of the largest corporate finance communities on the internet. It lists over two million members and conducts over 200 live webinars a year. Unlike other forums, Proformative is heavily moderated and is run almost like an online consulting firm.

  • For concurrent sessions, choose one to attend live and earn CPE credit.
  • Businesses are also taking advantage of the growing number of online communities to find new customers and engage them.
  • We make it our business to know your business well enough to improve your tax position, capital position, business structure and benefits packages, acquisition potential, and much more.
  • Friendly accountancy forum for discussion of accounting, taxation and auditing matters – all levels of experience are welcome.

It aims to serve as the primary source of tools and resources for accountants looking to find quality information online. CPAnet Forum hosts numerous discussions, niche communities, and social groups, including a dedicated CPA Exam forum. Online accounting forums are now the preferred medium by accountants from all over the world to put forward questions, which are then examined and addressed by their peers. Similar to student forums, accounting forums enable users to get their queries answered by experts in the field beyond the constraints of time, distance, and feasibility that existed in the pre-internet age. The pandemic required companies and organizations across the country to adjust their business practices. Some of the adjustments made by business organizations most likely will continue into the future, while others we will gladly say “good riddance” to. This holds true for the year-end financial reporting and external audit process.

COVID-19 has changed the way accountants work with technology. Cloud migration, a redefined toolkit and increased integration—the good, the bad, the ugly, and the future.

General Accountancy Discussion

The FASB makes information about public forums available to the public. The information includes the public notice of the meeting, lists of participants, written comments or other material provided by participants, and meeting reports or minutes, and transcripts if made. Information for all public forums held after January 1, 2010 is available here.

  • We are a forum for professional accountants and tax advisers to discuss accountancy and taxation, but we also welcome individuals and business users who have queries relating to these matters.
  • Is rapidly evolving tech an ‘Extinction Level Event’ for accountants?
  • Proformative is one of the largest corporate finance communities on the internet.
  • Some of the adjustments made by business organizations most likely will continue into the future, while others we will gladly say “good riddance” to.
  • Feedspot has over 100k Influential Bloggers database classified in more than 1500 niche categories.
  • To close, we will show how predictive models can provide activity, cost, and revenue estimates for various program planning scenarios.

Does this mean your duties are soon to be replaced by a machine? That your daily functions will someday no longer be necessary? They expect accounting as it’s performed today to be phased out by 2025. This applies to individuals who will likely stay with their current company and those who could lose their jobs to employer constraints and unemployment.

Ranking is based on relevancy, blog post frequency, social metrics, domain authority, traffic and many other parameters. We routinely remove inactive blogs and those which are no longer relevant to a given list. List is updated as we receive new blog submissions and re-ranked every few weeks. IFRScommunity.com has IFRS Forum and IFRS Knowledge Base at your disposal. Best Accounting forums from thousands of forums on the web ranked by traffic, social media followers, domain authority & freshness. Blogger Outreach or Influencer Marketing Reach thousands of authority bloggers and social media influencers in your domain area.

Feedspot has over 100k Influential Bloggers database classified in more than 1500 niche categories. The Structured Query Language comprises several different data types that allow it to store different types of information… Harness the power of an improved business model and use it to bolster and scale up your firm. According to the WEF, in-demand skills across sectors will drastically change by 2025 and current skill gaps will only widen.

  • Cloud migration, a redefined toolkit and increased integration—the good, the bad, the ugly, and the future.
  • In this presentation, a financial advisor that exclusively focuses on higher education will discuss the market’s view of the higher education sector, including key challenges and strategic implications for consideration.
  • Sure, that’s the historical approach to internal audit, and, yes, controls and compliance are important.
  • Each of the sessions below will be available for on-demand viewing; however, only attendees who participate in the live-streaming can earn credits.
  • Accounting Jokes.” You’ll find a sizable accounting community here capable of fielding technical questions.
  • This applies to individuals who will likely stay with their current company and those who could lose their jobs to employer constraints and unemployment.

Free Financial Modeling Guide A Complete Guide to Financial Modeling This resource is designed to be the best free guide to financial modeling! Structured Query Language What is Structured Query Language ? Structured Query Language is a specialized programming language designed for interacting with a database…. Community at AccountingWEB has a more unique format than your typical internet forum.

Finding a place to chat with fellow accountants can be tough, whether you’re a financial leader or an accountant just starting out in your career. The automation spectrum is transforming the finance organization ‐ from macros & scripts executing simple tasks to artificial intelligence mimicking human intelligence.

The accounting section of Proformative is very active and is one of the best places online to engage in peer-to-peer discussions on accounting-related topics. CPAnet primarily caters to the CPA exam candidate and new CPAs market, acting as a curation site for timely information about the accounting profession.

You’ll hear directly from panelists in real-time, earn CPE credits, have the ability to ask questions, and have access to the recordings from the selected sessions below. Hear how a variety of regulatory, economic, and audit topics are impacting colleges and universities. Speakers touch upon charitable giving, endowment performance, audit committee concerns, and the impact of COVID. Related to all of the above are optimizing accounting operations and financial reporting, new audit reporting standards, and regulatory challenges around pandemic related aid and financial responsibility standards. This event for advanced-level accounting and finance professionals offers the latest information on trends and best practices in financial accounting and reporting, managerial analysis, and leadership issues for all types of institutions.

What is Judgemental accounting?

Unrecorded – judgmental: are differences arising from the judgement of management concerning accounting estimates, or the selection or application of accounting policies that the auditor considers inappropriate or unreasonable.

The purpose of this presentation is to identify best practices of the pandemic financial reporting and audit process, how to improve upon them into the future, and to say good-bye to practices that should not be repeated post-pandemic. There are several accounting forums on the internet that offer both students and professionals from different locations the opportunity to connect and reach out to one another. Businesses are also taking advantage of the growing number of online communities to find new customers and engage them. Proformative.com has established itself as the premier online destination for accounting and finance professionals to talk shop. Accounting discussion topics include cash management, technology, strategy, budgeting and forecasting, risk management and more. It is important to understand the changes so that strategic planning can be done in these difficult financial times for colleges and universities. This presentation will focus on the implementation of GASB 87 and the challenges Universities can expect to face.

Gasb 87, Leases: Practical Implementation Guidance For Universities

GAAP affecting NFPs, including newly effective standards and FASB projects in process. The program features plenary speakers as well as smaller sessions to address special topics. Roundtable exchanges—broken out by managerial and technical topics of interest to all types of institutions— allow participants to share ideas. This forum serves as both an annual update and future outlook where participants hear and engage in discussions on timely subjects impacting the higher education community. This session will highlight the latest news, headlines and hot topics impacting the higher education industry. When presenting this topic previously, audience members have been very highly engaged – sharing their own campus’ challenges and best practices in relation to the news stories. Friendly accountancy forum for discussion of accounting, taxation and auditing matters – all levels of experience are welcome.