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Windsor Path, a family office-backed platform for accounting firms, acquired ASO Advisors, the non-attest business of Agresta, Storms & O'Leary in Indianapolis.

The Top 25 Firm is deepening its investment in an AI-driven accounting workflow platform, which includes a multiyear relationship to build AI audit solutions.

The Securities and Exchange Commission rescinded a policy Monday requiring defendants in settled enforcement actions not to publicly deny the SEC's allegations.

The Internal Revenue Service increased overtime hours and pay for its employees after extensive staffing reductions and last fall's government shutdown.

The Internal Revenue Service has improved its ability to flag returns for signs of identity theft, adjusting its filters to reduce false positives and spot fraud.

The discourse surrounding the future of accounting has largely centered on automation, AI and digital transformation. Yet many firms face a more immediate issue.

Lewis Group CPAs acquired specialty-trades accounting firm Atlas Accounting Group in April, expanding its presence in the Pacific Northwest

Will the profession wait for the AI equivalent of 1929 before applying what it already knows? The answer begins with examining what the current AI assurance landscape provides and what it does not.

Technology is not replacing accountants. But it is changing what accounting work involves, and the change is further along than most realize.

Regional Leader Abbott, Stringham & Lynch acquired San Jose, California-based ArightCo.