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Is Your Company Ready for Transition to the 2021 US GAAP Taxonomy?

Insight Software

Earlier this year the Securities and Exchange commission began accepting the 2021 US GAAP Taxonomy (UGT) and many filers are getting ready for the switch now that their annual and first quarter filings have been successfully completed. The FASB 2021 UGT website provides a number of tools that will assist you with the taxonomy transition.

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Best Tax KPIs and Metric Examples for 2021 Reporting

Insight Software

It is one of the keys to the organization’s success–how effectively and efficiently are the various processes executed when implemented together. The resources used by the organization on tax compliance and reporting include the time and cost required to implement tax changes, regulatory changes, and to integrate acquisitions.

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Overcome Finance Skills Shortages in the Construction Industry

Insight Software

In ​2021, just over 32,000 sat for the CPA exam, compared to ​nearly 50,000 ​CPA ​candidates​ in 2010 ​​. To maintain project timelines and customer relationships, while managing a lack of technical skills, construction businesses need a way to generate quick and accurate reports. Gain more autonomy and control over your information.

Finance 52
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5 Reasons to Upgrade to Latest Version of Angles for Oracle

Insight Software

Seamless Integration with Cloud Data Warehouse Targets. Expect simplified access to high-quality, extensible views of ERP data for reporting and analytics in a cloud-native destination. This enables you to generate cloud provisioned views of data from on-premises or cloud sources, or a combination of both. Version 22.1

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Your Search for a Better Planning and Budgeting Solution for SAP is Over

Insight Software

Due to the complexity of SAP data structures, you often need assistance from your IT team to pull reports, a time-consuming process that leads to long planning cycles, localized documents, and inefficient coordination across departments. But you can also connect Bizview to non-ERP data sources. Better Collaboration.

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Examining the Skills Most in Demand by Tax Teams: The Merger of Tech and Finance

Insight Software

While investment in tax and transfer software has tended to lag that in core finance systems, adoption is maturing and pressure from the office of the CFO to implement digital tools is beginning to grow. We must now work swiftly and diligently to ensure the effective implementation of this major reform.”

Finance 52
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Preparing for the Great Tax Reset: Transparency and Flexibility Will Be Key

Insight Software

The government ran an open consultation with tax payers from 12 November 2020 to 5 March 2021, and says that the 10-year MTD initiative will help businesses as well as reduce the ”tax gap.” It’s a vision outlined by the OECD’s Forum on Tax Administration (FTA) in a discussion document called Tax Administration 3.0: