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AI promises to free accountants from repetitive mundane tasks so they can focus on higher value advisory and analytics work that requires professional judgment. Offshoring, too,...
Accounting firms are reporting bigger profits and more clients, according to a new report. The report, released Monday by Xero, found that nearly three-quarters (73%) of...
Private equity firms have bought five of the top 26 accounting firms in the past three years as they mount a concerted strategy to reshape the...
The House-passed version of President Donald Trump’s massive tax and spending bill would deliver a financial blow to the poorest Americans but be a boon for...
The New York State Legislature passed a bill on Thursday that establishes an additional pathway to CPA licensure, and it awaits Gov. Kathy Hochul’s signature. Backed...
The Securities and Exchange Commission appointed Kurt Hohl, a former partner at Ernst & Young, as its new chief accountant, effective July 7. Acting chief accountant...
Each time a new tool enters the accounting profession, it tends to follow a familiar path. At first, it is met with skepticism as professionals assess...
Grant Thornton names new COO; VSCPA awards $82,500 in scholarships; and more news from across the profession.
Plus, Ignition announces plans for AI pricing solution; Financial Cents introduces advanced reporting features; and other accounting tech news.
A controversial provision in President Donald Trump’s tax-and-spending bill aimed at penalizing countries with “unfair” tax regimes is unlikely to disrupt U.S. bond and stock markets,...
