The shortage of accounting talent continues to plague the profession and appears to be getting worse. As the pipeline dries up, 83% of senior leaders report...
Top 25 firm Cherry Bekaert announced that it has acquired accounting software and cloud services company Kerr Consulting, the 57th largest value added reseller in 2024....
The Financial Accounting Standards Board issued its 2024 Investor Outreach Report Tuesday, highlighting FASB’s investor outreach for the year ended June 30, 2024. The document, available...
When asked to rate how much they use generative AI tools on a scale from 1-10, accountants rated their overall use at 1.56, indicating a very...
Tax software company TaxDome announced the release of its new TaxDome AI product, which is meant to ease document management tasks for professionals. TaxDome AI automates repetitive...
Kamala Harris, with the top spot on the Democratic ticket assured her, has been busy making her vice presidential pick (announced today as Minnesota’s Gov. Tim...
The business environment is changing rapidly, and CPA firm leaders and their clients face the twin challenges of managing current operations while positioning themselves for future...
The efficient way for accounting firms to integrate generative AI into their workflow is through robotic process automation that interfaces directly with the model’s application programming...
“Hundred-year floods” are usually bad things; to the layman, it means the kind of flood that’s so extreme it only happens once a century, while to...
Concentrated stock holdings carry higher risks of volatility and — once sold in order to diversify investment portfolios — steep tax hits for clients. Behavioral biases...