Artificial Intelligence June 24, 2025
66% of companies view their PSO as a profit center (up 3 percentage points from 2024), and the segment of firms targeting elite 40%+ margins is set to more than double in 2025.
PCAOB June 23, 2025
Republican lawmakers' plan to fold the PCAOB into the SEC hit a snag last Thursday when it was determined in the Senate that the provision in the GOP tax-and-spending bill violates the "Byrd Rule."
Accounting Standards June 23, 2025
The revised Practice Statement supports improvements to and greater global alignment in management commentary and narrative reports accompanying the financial statements.
CAS June 23, 2025
A new study identifies a combined annual economic opportunity of $616 billion through productivity gains, faster payments, and reduced fraud, if businesses more effectively adopt e-invoicing practices.
Accounting Standards June 23, 2025
The guide contains new questions and answers that address application of GASB standards on leases, accounting changes and error corrections, conduit debt obligations, and cash flows reporting, among others.
Accounting Standards June 23, 2025
The document builds on disclosure-specific material developed by the Transition Plan Taskforce (TPT), for which the IFRS Foundation took responsibility in 2024.
Firm Management June 23, 2025
The top 10 firm said last week it's in the process of adding sister firms in Switzerland, Liechtenstein, and the Channel Islands to the multinational platform of firm affiliates the U.S. business created when it acquired Grant Thornton Ireland late last year.
Technology June 23, 2025
Digits Accounting Agents embed AI agents to run entire accounting workflows from start to finish, pausing only when human judgment is necessary or desired, for firms on its Autonomous General Ledger.
Accounting June 20, 2025
Matthew Lloyd Parker, 37, was given two years in prison on June 18 for stealing $14.5 million in COVID-19 relief loans in Pennsylvania.
Advisory June 18, 2025
State CPA Society News & Updates is a selection of recent announcements and initiatives by CPA associations in the United States and its territories.
Accounting June 18, 2025
AICPA News is a collection of recent announcements and news briefs from the American Institute of CPAs.
Mergers and Acquisitions June 18, 2025
The Chicago-based top 10 firm is set to acquire Anchorage, AK-based Sockeye, a top Sage Intacct partner recognized for its vast construction industry expertise and technology-enabled finance, accounting, and project management solutions.