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AI now does what once took teams of analysts weeks to complete. Yet, as recent incidents have shown, technology only succeeds when matched with sound governance.

Quant firm Dimensional Fund Advisors has received formal approval to adopt a fund structure that for two decades has been used exclusively by Vanguard.

Chicago Mayor Brandon Johnson's proposal to levy a $21-per-employee, per-month tax on companies was shot down by a city council committee on Monday.

The Treasury Inspector General for Tax Administration will examine the workforce reductions by the Trump administration and the elimination of paper checks.

Springline Advisory acquired Infinity Globus and Smart Accountants, both based in Ahmedabad, India, expanding the firm's international reach.

Nasty behavior by individuals at client companies toward auditors is widespread and can negatively affect auditor judgment, according a new academic study.

When valuing a company, a valuation analyst can play a critical role in identifying potential fraud risks and assessing whether management has implemented adequate measures.

Chicago homeowners are getting hit with a record property tax hike after downtown office buildings and other commercial real estate values fell again.

Safe Harbor, a fintech serving cannabis and hemp operators, launched a platform with bookkeeping, payroll and CFO support.

The company, part of Malaysia's Genting Group, wants the state to lower its proposed tax rate or raise the levy that may be imposed on the other bidders.

Grant Thornton International is considering a possible minority stake sale of its Indian unit or a merger with its operations in the U.S. or Europe.

Clients increasingly view their accountants not just as compliance partners, but as essential growth engines. They don't just need a tax return and help with compliance, they need a strategic partner.

Pressure from political activist Laura Loomer apparently torpedoed the nomination of Donald Korb, who had previously served as chief counsel under President George W. Bush.

The Internal Revenue Service announced the rates for the start of next year, which will stay the same as this quarter.

Small-business accounting platform Xero announced a 20% increase in operating revenue for the first half of its fiscal year, attributing it to a growing user base and higher average revenue per user.

Autonomy fosters resilience, adaptability and scalability, empowering teams to make decisions and innovate within a clearly defined framework. But autonomy cannot thrive in a vacuum.

How many useful tools are you failing to take advantage of in your profession?

Plus, TaxDome announces free bookkeeping hub; Qount announces UX/UI redesign; and other accounting tech updates.

The Association for Accounting Marketing announced new board members.

Former AICPA head Barry Melancon receives a leadership award from IFAC; Connecticut CPAs plan their Day of Giving; a new board at AAM; and other firm and personnel news from across the accounting profession.