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Technology disruption and AI-related competitive pressures rank among the top risks facing companies, according to a new survey of audit firm partners by the Center for Audit Quality.

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.

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.

Accounting firms must optimize for AI‑visible authority, not clicks or vanity thought leadership.

High‑stakes civil action; explainable AI; productivity partners; and other highlights from our favorite tax bloggers.

Central organizations at nonprofits with local affiliates are now required to file a new form with the IRS to maintain their tax-exempt status.

AI is changing the way tax practitioners work in significant ways, but none of them involve massive job losses or shrinking demand for accountants and auditors.

The Top 50 Firm acquired The Hultquist Firm in Greenville, South Carolina, which will join as Milestone Advisors.

Edgefield Group has expanded its formerly private training for individual firms into publicly available CPE courses, as well as launched a new learning platform on using Microsoft Copilot for accounting workflows.

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