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Bookkeeping vs. Accounting: What’s the Difference?

inDinero

You might wonder how bookkeeping vs. accounting differs when managing a business’s accounting. Bookkeepers are chiefly responsible for accurately recording and organizing transactions, while accountants add value by synthesizing that information into actionable insights and financial projections.

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Outsourced Accounting Services vs. In-House [Pros and Cons]

Intugo

Outsourced Accounting Services vs. In-House [Pros and Cons] Effective accounting is essential for the smooth functioning of any successful business. As companies navigate the complex landscape of financial management, a key decision arises – whether to opt for outsourced accounting services or maintain an in-house team.

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Business Unit’s Role in Elevating Third-Party Risk Management Capabilities

SIG Speaks

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Kyle Brown discusses the value proposition and responsibilities for the key players in an effective third-party risk management program. Each business unit owns the risks associated with the contracts they decide to enter into.

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The Top Ways to Build an Effective Offshore Accounting Team

AS White Global

Here are some tips to help you build an efficient remote team for offshore accounting services. Future-proof your offshore accounting services by finding talent with certified Xero, MYOB, SAP expertise and other popular software programs. Start out by delegating small projects to the offshore accounting team.

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IBM Cloud releases 2023 IBM Cloud for Financial Services Agreed-Upon Procedures (AUP) Report

IBM Business Partners

The review report demonstrates to its clients, partners and other interested parties that IBM Cloud services have implemented and adhere to the technical, administrative and physical control requirements of IBM Cloud Framework for Financial Services. Contact your IBM account team to obtain a copy of the AUP report.

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4 Must-Know Things About Cybersecurity

Redial

Letting our Redialers (team members) for both operative and administrative personnel the best practices and important information on what to do. Typically, the objective is to meet vendor risk management requirements that customers may request surrounding security.

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Where to begin: 3 IBM leaders offer guidance to newly appointed chief AI officers

IBM Business Partners

Following a recent executive order by the Biden administration and a meteoric rise in AI adoption across sectors, the Office of Management and Budget (OMB) released a memo on how federal agencies can seize AI’s opportunities while managing its risks. Quality AI requires quality data.