The accounting community is focused on how AI is changing what accountants do. But the truth is that AI is changing what accounting professionals are for.
The accounting community is focused on how AI is changing what accountants do. But the truth is that AI is changing what accounting professionals are for.
Accounting firms that are best positioned to capture the growth from advisory services must do more than rethink the services they deliver.
An experiment with having artificial intelligence write papers for a college accounting course reveals some of its current limitations.
More than 4 million children have been signed up for Trump accounts — but millions more are eligible.
The old measurements of leverage, utilization, margin, billing rate, and realization fall short of the new reality.
When accounting firm leaders build guardrails, train their people and stay actively engaged, AI will become a force multiplier — not a liability.
The internal audit function can help the enterprise pursue innovation responsibly by encouraging the development of risk management early in the AI lifecycle.
Choosing the right AI implementation partner is one of the most consequential decisions a firm will make right now, but a meaningful number of them show significant gaps in the areas that matter most to accounting firms.
When they understand their market value, accounting firms are often torn about what to do.
The SEC’s Office of the Chief Accountant is accepting applications for positions that will begin this summer. The application deadline is April 22.
As National Financial Literacy Month begins, an AICPA-commissioned survey highlights why many consumers need to refocus their financial decision-making.
TIGTA found the IRS spent $4.8 billion in Inflation Reduction Act funds, which were intended to supplement its annual appropriation, on labor and IT to keep the 2025 tax season on track.
The IRS said Monday it is opening the online, self-service accounts to partnerships, Indian tribal governments, tax-exempt organizations, and federal, state, and local governments.
A global survey reveals that executives aren’t changing jobs nearly as often as they did a year ago, but many are seeking better internal support for strategic objectives built around artificial intelligence.
Terry K. Patton, CPA, takes over the leadership position on the Federal Accounting Standards Advisory Board; FASAB appoints two new board members while reducing board membership from nine to seven.
GASB issued guidance Wednesday that seeks to improve the financial reporting requirements for infrastructure assets, enhancing the consistency in their application and better meeting the information needs of financial statement users.
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