The International Auditing and Assurance Standards Board (IAASB) recently approved three new quality management standards replacing existing quality control standards. This article dives into ISQM 1, what it means for accounting firms, and how to prepare for these new standards.

Use purpose-built software to speed up the content intake process for accounting firms to win business, start billing faster, and manage the client lifecycle more strategically.

Experts from Intapp and Beecher Reagan explored how cloud-based solutions can improve collaboration between both teams and clients.

Time and billing software automates time tracking for accountants, eliminating inefficiencies and improving profitability. As part of accounting firm automation, firms are using automated time tracking software to achieve streamlined time capture, increased revenue, and better resource allocation.

Discover how Repstor, now a part of Intapp, is using its Microsoft 365 expertise to help us create Intapp Collaboration & Content.

The IAASB approved new quality management standards replacing existing quality control standards. ISQM 1 addresses firm quality management; ISQM 2 speaks to engagement quality reviewer responsibilities ; ISA 220 (Revised) covers audit engagement quality management and engagement partner responsibilities.

AI in accounting continues to evolve. Firms are using AI pricing software and profitability analysis tools to unify data across disparate sources, surface key insights, manage unforeseen risks, and increase efficiency across a range of core functions.

Discover how EMEA-based firms are adapting to the changing landscapes and improving pricing capabilities for better profitability, according to 2021 survey data.

Accurate, detailed time tracking helps accounting firms better defend their pricing and identify potential misalignments on the true cost of delivering services. Learn more about accounting firms, technology for timekeeping, and improving profitability.

Perhaps the biggest factor that negatively impacts the business acceptance process is the lack of visibility into matter arrangements early in the client matter lifecycle. Many firms are therefore investing in AI-powered technology to exceed client expectations and ensure profitability.

Intapp collaborated with Profitable Ideas Exchange (PIE) to host a virtual roundtable with risk leaders from accounting and consulting firms. The event focused on how the COVID-19 pandemic affects client relationships, and how firms can best assess risk during this unprecedented time.

Download the webinar “Unleashing the Power of Your Data to Drive More Profitable Business” to view a demo of Intapp Operations & Finance and learn how the software can increase your firm’s profitability and connectivity.