Five Companies Chosen to Participate in Startup Accelerator Focused on Accounting Innovation
Five early-stage companies pursuing a variety of solutions in finance, automated financial information, data preparation, artificial intelligence and assurance will form the 2021 cohort for an accounting-focused startup accelerator sponsored by the Association of International Certified Professional Accountants (the Association) and CPA.com.
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The startup accelerator, begun in 2017, is designed to promote innovation in the accounting profession and give the Association and CPA.com more visibility into disruptive trends from emerging technologies. Finalists get a nominal funding investment and, over the course of the year, guidance on marketplace needs from a panel of experts in finance, accounting and innovation.
"The way the world collects, analyzes and verifies financial and business information has changed radically," said Erik Asgeirsson, president and CEO of CPA.com. "We're seeing incredible innovation in advisory services and the business support of clients, and the companies in our startup accelerator are a great reflection of that momentum."
The members of this year's group are:
"The value proposition of many of our startup accelerator graduates has been validated by the acceleration of remote work and the proven advantages of automated solutions," said Barry Melancon, CPA, CGMA, the Association's CEO. "We're proud of our work on this program and the success these companies have achieved."
For more information about the startup accelerator, please visit cpa.com/accelerator.
CPA.com brings innovative solutions to the accounting profession, either in partnership with leading providers or directly through its own development. The company has established itself as a thought leader on emerging technologies and as the trusted business advisor to practitioners in the United States, with a growing global focus. Our company's core mission is to drive the transformation of practice areas, advance the technology ecosystem for the profession, and lead technology research and innovation efforts for practitioners.
A subsidiary of the American Institute of CPAs, the company is also part of the Association of International Certified Professional Accountants, the world's most influential organization representing the profession. For more information, visit CPA.com.
About the Association of International Certified Professional Accountants
The Association of International Certified Professional Accountants (the Association) is the most influential body of professional accountants, combining the strengths of the American Institute of CPAs (AICPA) and The Chartered Institute of Management Accountants (CIMA) to power opportunity, trust and prosperity for people, businesses and economies worldwide. It represents 657,000 members and students across 179 countries and territories in public and management accounting and advocates for the public interest and business sustainability on current and emerging issues. With broad reach, rigor and resources, the Association advances the reputation, employability and quality of CPAs, CGMAs and accounting and finance professionals globally.
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