Practice Management

Despite high confidence from leaders in AI outputs, more than a quarter of executives said internal audits have detected AI errors that reached external audiences or the board.

UHY acquired Michigan CFO Associates in Clinton Township, Michigan, expanding the Top 50 Firm's advisory capabilities.

Sax acquired SFS Financial in Kinnelon, New Jersey, strengthening the Top 75 Firm's advisory capabilities.

Argentina is quickly becoming a promising offshoring destination, not just for the accounting profession, but for technology and other back-office services.

Just over half of accountants report being "highly satisfied" with their jobs, according to an ongoing survey — and perhaps just as important, the sources of dissatisfaction in the profession are becoming clearer and clearer.

Meanwhile, KPMG and Grant Thornton led in terms of new engagements among the largest audit firms.

Plus, Johnson Lambert launches a new practice; Kaufman Rossin names CIO; and other firm and personnel news from across the profession.

Plus, Bloomberg Tax Provision gets beefed up ; support for FileCabinet CS to expire in 2027; and other updates.

Four potential obstacles to watch out for on the way to new clients and new services.