Smaller accounting firms have been enthusiastic in experimenting with ChatGPT but so far are hesitating to put it towards serious client work.

As more businesses embrace ESG standards, it's important to understand the concept and identify its implications for the accounting profession.

Portland, Oregon, may penalize higher earners more than any other large U.S. city, according to a new report.

At some point in a business's lifetime, it may make sense to change its legal business structure.

New research indicates the country's tax receipts are even more concentrated than previously thought.

The service's alternative dispute resolution programs can be faster and cheaper than the usual appeals process, but their use fell by two-thirds over the past decade.

Career reflections from a history major turned CPA.

Did you spend your time on significant initiatives that will move your firm forward — or did you keep focusing on the low-hanging fruit that's easy to reach?

More art than science, financial advisors can face difficulty in determining what constitutes a "substantially identical" security.

This Memorial Day, take some time away from your festivities to say a prayer for the brave men and women who lost their lives so we could enjoy the festivities we are a part of today.

The different age groups in your clients' families need different plans, different client experiences — and sometimes, different advisors.

Gene Marks recommends five internal metrics for clients to consider when they're looking to purchase a company.

A company's workforce is simultaneously its largest expense and most powerful engine of revenue.

The widespread availability of the high-powered chatbot has led to a panoply of new AI-powered accounting solutions.

PwC recently announced a $1 billion investment to expand and scale its AI offerings to help clients reimagine their businesses.

Cannabis companies need accounting support to remain compliant and keep their licenses, but there's some hesitancy for professionals like CPAs to provide services to this industry.

From clients and staff to software vendors and regulators, everyone seems to be telling accountants and accounting firms what to do.

A recent KPMG poll found that executives believe the use of generative AI holds great promise for organizations, but great risk for the workers within them, as it will likely reduce job security.

Accountants must strategize to address not only the opportunities presented by AI but also the risks.

When properly tuned and integrated, these are powerful engines that can accelerate and drive an accounting firm's journey from survive to transform to thrive.