Opinion News from Accounting Today

Every journal entry, reconciliation and audit trail must be accurate, explainable and defensible. AI doesn't lower that bar; it raises the stakes for meeting it.

The tax and audit world is in the middle of an artificial intelligence gold rush. But just like the race to tame the West, some outlaw behavior is emerging.

With a little creativity and AI, learning and teaching can be transformational for both teachers and students.

Capital investment booming; lawsuits may be incoming; offer in compromise is real; and other highlights from our favorite tax bloggers.

Accounting has discovered one of the strangest growth problems in business: more customers than it can serve.

The Fifth Circuit has changes its mind on who is a limited partner for self-employment tax purposes.

Data shows a shift from building marketing departments to building marketing capabilities.

The question is, how well do your tools support your decisions?

The firms capturing efficiency gains aren't the ones chasing the flashiest AI features. They're the ones that built the right foundation first.

If your firm is struggling to staff an advisory practice, it's worth asking whether an EA could be the ideal candidate you're overlooking.

If the non-filing was innocent, the strategy may be civil. If it was willful, the strategy may need to begin with criminal tax counsel.

If your clients carried federal tax debts through the pandemic, the interest deserves a second look.

Trump dividend; tax ballot season; compliance challenges; and other highlights from our favorite tax bloggers.

Just as drone swarms beat ships through independent action, firms that let teams experiment freely 'above the waterline' while keeping standards rigid 'below the waterline' win.

An API solution lets accounting firms provide essential business filing services to clients in all 50 states.

Firms' AI strategy typically follows one of two paths: "optimizers" that use the technology to improve workflows or "transformers" who use it to redesign how the firm delivers value.

Before concluding that offshoring doesn't work for CPA firms, would it be worth asking what actually doesn't work in the relationship?

For many firms managing leases in the U.K. and Ireland, FRS 102 has long been a stable part of the reporting landscape, but that's changing with Section 20.

Most seasoned accounting professionals know what ownership means in day-to-day work at their firms, but putting it into words can be difficult.

Appeals versus the Tax Court; fourth quarter tax projections; state budget planning; and other highlights from our favorite tax bloggers.