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CRE risk management: Navigating hazards and opportunities

Abrigo

Stress testing, monitoring are essential Financial institutions should challenge assumptions about CRE risk while also watching for red flags as they manage the CRE portfolio. Bankers should examine warning signs and shore up defenses for existing income-producing CRE loans as part of commercial property loan risk management.

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Reuters, KPMG Team For Aussie Business Taxes

PYMNTS

Business information firm Thomson Reuters is teaming up with global tax company KPMG to offer Australia businesses a solution to deal with fringe benefits taxes (FBT), Thomson Reuters announced Thursday (Feb. The ONESOURCE FBT software automates the tax calculations necessary to file an FBT return. “As

Taxes 130
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Tax Compliance; Enhancements with Analytics

FICO

Tax agencies have a limited amount of resources to pursue tax compliance activities (collections and audit). Typically, this selection is based on experience that informs agency leaders on the types of businesses that generate productive audit leads and collection cases. Tax Compliance - Predictive Analytical Models.

Taxes 58
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Technology Enabled Data Analytics: Friend or Foe?

Abrigo

With the increased availability of useful data, analytical review procedures are becoming more important during the audit process. For example, greater emphasis on analytics encourages and almost demands that the auditor improve the quality of their professional judgment and skepticism. A WAY TO OVERCOME BIAS IN THE AUDIT PROCESS.

Analytics 150
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The most useful (and rarely used) types of data analytics

Abrigo

Data analytics are gaining momentum as they are increasingly being used during the audit process. As auditors know, data analytics are required during both the beginning and the end of an audit. However, analytics can also be employed efficiently and effectively as substantive procedures. type questions.

Analytics 150
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How to increase efficiency and minimize risk in the audit process using analytics

Abrigo

Since leaving public accounting, she has been an internal auditor, a tax preparer and a controller. During the webinar, McLaughlin explained that the two biggest challenges for audit firms lie within the tension of managing risk while creating more efficiency during the audit process.

Analytics 150
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How Zelle Protects Users Against Scams And Frauds With AI, Analytics

PYMNTS

Scams have taken on a new life amid the COVID-19 pandemic, according to Armistead, with scammers impersonating tax officials, personal protective equipment (PPE) sellers or bank personnel to trick victims into sending them money. So too can apps and their customers cooperate to drive down fraud attempts and scams to manageable levels.

Fraud 171