Thomson Reuters

1 month ago | thomsonreuters.com

Nonprofits are essential in addressing societal needs, but their reliance on public trust makes them susceptible to financial fraud schemes.

1 month ago | thomsonreuters.com | Zach Warren

More than half of corporate tax departments have dual tax/technology roles, according to a recent report; and with many tax professionals anticipating more change, now is the time to learn tech skills Many of today’s corporate tax departments are stuck in a resourcing struggle. More than half (51%) of tax department leaders surveyed said they believe their departments are under-resourced, which leaves them more at risk for tax audits and penalties, according to a recent corporate tax report.

2 months ago | thomsonreuters.com | Zach Warren

According to the “ALSP 2025” report, the law firm affiliate market continues to grow rapidly; and as more entrants emerge, the question turns from whether clients will buy to how these affiliates can offer firms differentiation from competitors In 2023, the total market for alternative legal services providers (ALSPs) was between $28 and $29 billion, according to the recently released Alternative Legal Services Providers 2025 report from the Thomson Reuters Institute, in partnership with the...

2 months ago | thomsonreuters.com | Zach Warren

A big majority of CFOs call AI and GenAI crucial technologies in supporting finance’s strategic decision-making; however, few are focused on GenAI in their tax function specifically In just two years, generative AI (GenAI) has rapidly become a central part of the corporate world’s technological evolution.

2 months ago | thomsonreuters.com

The rise of sophisticated AI tools has introduced new challenges in the fight against fraud; however, this same tech also offers solutions.