"Small business to face closer audit scrutiny" (March 16-April 5, 2009, page 5) suggested that small businesses might be targeted by the nation's accounting standard-setters. Naturally, we meant those accounting organizations that set standards for audits, and only those small businesses that are subject to public-company rules.
The shift will happen gradually starting this summer until December, when QBOA will be discontinued.
The new Pilot AI Accountant claims to run the entire bookkeeping and financial reporting process with zero need for human intervention.
The tax-filing season for individuals just opened recently, but businesses already got a head start on various tax incentives in the One Big Beautiful Bill Act.
PCAOB adds to advisory groups; Schneider Downs transitions to single CEO structure; and more news from across the profession.
The Top 75 Firm acquired D & Co., expanding its presence in Texas and strengthening its healthcare specialty.
Plus, Sage rolls out AI enhancements for reporting, AP, sales; Datarails launches Spend Control solution for contract visibility.
