Practice Management

Firms that rely on the old-fashioned billable hour are in the minority compared to fixed fee, value pricing and other models.

AI has become the No. 1 way to fake receipts for expense fraud. Before then, people generally relied on specialized templates from sketchy websites.

The Top 20 Firm will receive a significant investment from private equity firm Reverence Capital in a deal expected to close in the third quarter of this year.

Firms everywhere are searching for ways to seize first-mover advantages, or at least prevent competitors' AI use from becoming disruptive.

The leading CPA financial planners with over $1 billion in assets under management, from Accounting Today's annual ranking.

DuCharme, McMillen & Associates acquired Chicago-based Barron Corporate Tax Solutions, expanding the firm's property tax practice.

Starting with AI, a number of new developments are making the professional landscape feel stranger than ever.

Before you jump into the offshoring pool, or if you've recently jumped in, set up benchmarks to track your progress and look for areas to improve.

Plus, KPMG names new int'l leaders; a new director of enforcement at the PCAOB; and other firm and personnel news from across the profession.

Firms are sourcing new solutions from field staff to expand their tools and upskill their professionals. But they aren't just throwing together programs and calling it a day.