AT Think

Many partners say the quality of the tax returns they were given to sign was not satisfactory, and they found many more errors than they considered acceptable.

A lawyer questions whether expanded regulatory enforcement powers will lead to better-quality audits.

The AICPA's CEO of public accounting explains why the profession's future is much brighter than some would have you believe.

Sustaining post-day two compliance requires a rigorous focus on optimizing processes for ongoing management of lease accounting data and entries.

What must firms do to adapt to the new landscape and keep as much current talent as possible?

The profession needs to proceed cautiously with anything that might impact accountants' ability to practice across state lines.

It's nearly impossible to exist in the business world without hearing terms like "AI" or "machine learning." Unfamiliarity with the tech can impede trust and ultimately lead to its rejection.

The best and most differentiated firms prioritize leveraging technology to increase their clients' efficiency.

Since crypto's meltdown in 2022 the digital asset industry has come to rely on "proof of reserves" as the go-to attestation, from an internal accounting and market reassurance perspective.

Whether a qualified, disclaimer or adverse opinion is given depends on the nature and scale of the problem, and some states had lots of problems.