The accounting profession is changing faster than ever, and firm leaders are scrambling to keep up. When asked to identify the biggest issues they see facing...
The Internal Revenue Service and the Treasury Department released a set of proposed regulations Friday on a new excise tax under the One Big Beautiful Bill...
Courtesy of the Center for Audit Quality The Center for Audit Quality and Deloitte have released a new report on audit committee effectiveness and priorities. Processing...
The Governmental Accounting Standards Board has issued a proposed statement on infrastructure assets, and is seeking public comment on it. Processing Content The exposure draft discusses...
In the last 60 days, how many times has someone in your firm mentioned artificial intelligence in a partner meeting, hallway conversation or client discussion? And...
In Information Release 2026-42, dated March 31, 2026, the Internal Revenue Service announced that it has processed the 2026 tax filing season Form 4547, “Trump Account...
The part of my job I love the most is speaking with accounting professionals each week, and connecting with the small and midsized businesses we jointly...
Accounting firm profitability has long been defined by a simple formula: a third of revenue goes to staff, a third to infrastructure, and a third becomes...
Recently I gave my Accounting Ethics class this assignment: Part 1: Choose a topic for an accounting ethics paper and have an AI program write it;...
Big Four Firm Ernst & Young is globally embedding enterprise-scale agentic AI into its assurance engagements, meaning that all audits will now use the technology in...