Speakers to address the impact of exponential technology change on the accounting profession
Jim McGinnis, Executive Vice President and General Manager of Medium and Large Firm Segment at Wolters Kluwer Tax & Accounting North America, together with Bas Kniphorst, Vice President of Research & Learning Product Management at Wolters Kluwer Tax & Accounting North America, will host a presentation entitled “Endgame: Preparing Your Firm for Imminent Change” on Wednesday, June 12 during the 2019 AICPA Engage Conference taking place in Las Vegas, Nevada on June 9 - 13.
In their session, Wolters Kluwer experts will discuss the fast pace of technology change seen across the tax & accounting profession, look at the implications facing firms that ignore this change and explore new innovative technologies on the horizon. The session will help participants identify software research solutions available today enabling firms to adapt to the changing landscape and turn challenges into opportunities that will help grow, manage and protect their business and their clients’ businesses.
“The accounting profession is at an inflection point with technology changing workflow and business models. These are exciting times, and accountants have many reasons to feel optimistic,” said McGinnis. “Firms on the leading edge of the technology transformation that have incorporated integrated solutions to enhance client collaboration, tax compliance and research workflows, and firm management are already reaping the benefits. They are harnessing the data in their systems and leveraging critical legislative changes to automatically identify growth opportunities and proactively suggest new, value-add services to clients.”
Tax and accounting firms want to leverage technology but are looking for practical guidance to help them separate hype from reality. While new technologies open up exciting possibilities, it is often challenging to translate the potential into pragmatic solutions. These are solutions that will include
- End‑to‑end, automated cloud‑based tax preparation
- AI‑enhanced, highly intuitive tax research
- A cloud‑driven, Integrated Audit Approach that focuses on audit quality
- Analytical practice management that helps leaders visualize data and gain insights
- Artificial Intelligence to sort and identify clients for further communication and added services opportunities
“Firms today need the right technology partner. One that continues to invest in development and innovation to infuse technologies like artificial intelligence, machine learning or predictive intelligence into the daily workflows in ways that are most meaningful to the accounting professionals and their clients,” Kniphorst added. “Expert solutions from Wolters Kluwer like CCH Axcess™ iQ combine technology innovation with deep domain expertise to help firms and professionals deliver impact when it matters most.”
Visit us at booth #309 during the 2019 AICPA Engage Conference to learn more about the award-winning portfolio of tax, accounting and audit solutions from Wolters Kluwer.
About Wolters Kluwer Tax & Accounting
Wolters Kluwer Tax & Accounting is a leading provider of software solutions and local expertise that helps tax, accounting, and audit professionals research and navigate complex regulations, comply with legislation, manage their businesses and advise clients with speed, accuracy, and efficiency.
Wolters Kluwer Tax & Accounting is part of Wolters Kluwer (WKL), a global leader in professional information, software solutions, and services for the healthcare; tax and accounting; governance, risk and compliance; and legal and regulatory sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with advanced technology and services.
Wolters Kluwer reported 2018 annual revenues of €4.3 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 19,000 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands.
Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1 American Depositary Receipt (ADR) program. The ADRs are traded on the over-the-counter market in the U.S. (WTKWY).