What Are the Top Challenges Facing Dallas Accountants?

Dallas accountants are facing many challenges in 2024. The mixed outlook concerning inflation, interest rates, and a potential recession impacts optimism for business growth. Preparation to overcome a variety of challenges is key to helping accountants and companies excel this year. The following are some of the main areas to focus on for successful navigation. […]

Does Your Dallas Accounting and Finance Team Use RegTech to Maintain Compliance?

Does your Dallas accounting and finance team use regulatory technology (RegTech) to maintain compliance? If not, you should consider it. RegTech uses technology to help address the regulatory challenges within the finance and accounting industries. This technology helps maintain compliance with changing regulations and requirements while managing operational efficiency. RegTech conducts in-house compliance processes, audits, […]

Is Your Small Business Enjoying the Benefits of Fintech?

Fintech involves technological innovation in the finance sector. These disruptive technologies are being embraced by companies of all sizes. Many small businesses enjoy the benefits of fintech. These businesses typically use fintech for efficient digital transformation to expand the geographical areas in which they offer their products or services. Increasing their customer bases helps strengthen […]

Texas Lowered Its Educational Requirements for CPA Licensing

The growing population and number of businesses moving to Texas increase the state’s need for certified public accountants (CPAs). As a result, on September 1, 2023, Texas amended the Public Accountancy Act to let CPA candidates and students begin taking the CPA Exam after completing 120 credit hours, including 21 hours of upper-level accounting, rather […]

Is It Time to Update Your Dallas Accounting Firm’s Business Model?

The ongoing effects of the coronavirus pandemic continue to change how accounting firms interact with their employees and clients. As a result, these firms should be changing their approaches to how they operate. Accounting firm leaders should be reviewing their operations and reassessing their business models. Developing plans to update their models and change the […]