ACCOUNTING TECHNOLOGY

Ex-IRS tech employee convicted of fraud

By Michael Cohn       2 min read

A federal jury convicted a former Internal Revenue Service IT specialist on fraud charges for stealing a victim’s identity and using it to buy $58,000 worth of plane tickets, hotel rooms and home-remodeling materials. Read story →

Crypto software firm TaxBit discusses funding at unicorn value

By Gillian Tan       1 min read

TaxBit, a maker of cryptocurrency tax and accounting software, is in talks to raise new funding at a valuation that would vault the company to so-called unicorn status. Read story →

Companies still revamping financial processes for COVID-19

By Michael Cohn       2 min read

Over half of public companies have overhauled their financial processes in the past year, according to a Deloitte survey. Read story →

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Why lease accounting software systems fail: 9 key functional deficiencies driving companies to replace ASC 842 software

Wednesday, July 21, 2021 2:00 PM EDT

Adoption of ASC 842 was challenging enough. No company implemented new lease accounting software expecting to replace it just a couple of years later. But many are doing just that.  Learn More →

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Covid-19 exposed weaknesses in organizations’ financial close process and accelerated the path towards automation

Trintech conducted a global survey of 486 financial professionals to assess their biggest challenges and their plans for future innovation. Learn More →

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