Financial Accounting Standards Board chair Richard Jones is making plans for new projects as well as the likelihood of a semiannual reporting option.
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As AI gets more integrated into accounting firm operations, you need people who already know how to work with AI, and how to give the right prompts and commands.
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The reason most AP AI fails an audit isn't necessarily due to architecture but because you cannot audit a process that the organization hasn't actually defined.
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Accounting firms must optimize for AI‑visible authority, not clicks or vanity thought leadership.
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For the 2026 Top Firms by Assets Under Management, managing the growth of their own practices is as much a challenge as growing their clients' wealth.
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The leading CPA financial planners with over $1 billion in assets under management, from Accounting Today's annual ranking.
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This year's top resellers in the accounting space say they're facing greater expectations on a number of fronts.
Central organizations at nonprofits with local affiliates are now required to file a new form with the IRS to maintain their tax-exempt status.
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The sanctions were tied to audits of the engineering service provider and government contractor's financial statements for the 2019 and 2020 fiscal years.
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Firm360 announced new tax prep automation capacities via an integration with Juno.
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The Top 100 Firm is getting a majority investment from Lightyear Capital, while its previous investor, Unity Partners, will maintain a minority position in the firm.
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The International Ethics Standards Board for Accountants released a staff publication on the ethical implications of emerging technologies such as AI.
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Hong Kong's accounting regulator signaled a tougher supervisory stance on audit firms with weak track records, while encouraging underutilized firms to take on a greater role in supporting the city's capital markets.
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Showcasing technologies that modernize the tax preparation process, using AI and integrated workflows. These can include: automating data intake, streamlining review and filing and improving accuracy and client collaboration.
Showcasing technologies that streamline firm operations and boost productivity across the entire accounting practice. These can include: automating client onboarding, task management, billing and workflow coordination.
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