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Streamlining document security and workflow in accounting

Accounting Today

As firms navigate a growing and complicated array of compliance requirements and digital tools, the need for efficient and secure document workflows has never been more urgent. Document security in accounting encompasses protocols for safeguarding records against unauthorized access, data breaches and loss.

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Tech news: Taxfyle rolls out AI tool for small tax pros

Accounting Today

Taxfyle rolls out TXF Intelligence for smaller practitioners Tax solutions provider Taxfyle announced the release of its new TXF Intelligence product, a generative AI tool built to automate and streamline tax return preparation for small tax and accounting firms in the U.S.

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Best DocuClipper Alternatives for Document Processing

Nanonets

DocuClipper is an OCR-powered financial document processing tool that converts bank statements, credit card statements, invoices, receipts, and brokerage statements into Excel, CSV, or accounting software-ready formats.

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Mississippi, Texas storm victims get tax relief

Accounting Today

By Chris Gaetano June 20 Audit Senate Parliamentarian rejects PCAOB provision in tax bill The provision would have eliminated the Public Company Accounting Oversight Board and transferred its responsibilities to the Securities and Exchange Commission.

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Tax Fraud Blotter: Sick excuses

Accounting Today

Bui knew that to make it appear that the participants had timely purchased their units in the shelters, Fisher, Sinnott and others backdated and instructed others to backdate documents, including subscription agreements and checks. and one of its partners, Kristofer Heaton, for failing to properly document five audits.

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IASB revises practice statement on management commentary

Accounting Today

Climate transition In related news, the IFRS Foundation also published on Monday a new guidance document disclosing information about an entitys climate-related transition, including information about transition plans , in accordance with IFRS S2 as part of its commitment to supporting the implementation of IFRS Sustainability Disclosure Standards.

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IRS spruces up Pre-Filing Agreement program

Accounting Today

More information is at Dispute Prevention and Resolution for Large Business and International Taxpayers , or email pfa.info@irs.gov with the subject line: "Feedback on PFA Program."