Commercial banking

The Securities and Exchange Commission and the Public Company Accounting Oversight Board have been lightening the load on audit firms.

When MIT reported that 95% of corporate AI pilot programs fail, the number sounded alarming, but not surprising. What about the 5% that succeed?

Octavio "OJ" Laos is a director at Armanino, leading the charge in the firm's AI Lab. Over the past five years, the AI Lab at Armanino has been at the forefront of AI technology within the accounting sector, delivering solutions ranging from custom chatbot development to predictive analytics.

Digits API allows computers to connect directly with the company's Autonomous General Ledger system without needing custom integrations.

The International Federation of Accountants is teaming with the International Bar Association to combat money laundering, while signing a pact with audit groups.

Responding — or not — to jurisdictions' notices; pitfalls of growth; e-invoicing; and other highlights from our favorite tax bloggers.

Growth is not a one-size-fits-all approach. It's also complicated, particularly for small accounting firms.

Ian Vacin is co-founder and chief partnerships officer at Karbon and is co-author of Scale with Purpose: The Service Entrepreneur's Guide to Intentional Growth. He has nearly three decades of leadership experience in technology and accounting with Karbon, Xero and Intuit, and is passionate about helping accounting professionals be as successful as possible so they can better serve the small businesses they support.

Sens. Ron Wyden, Chuck Schumer and Elizabeth Warren want to know how Frank Bisignano can simultaneously run the IRS and the Social Security Administration.

Carr, Riggs & Ingram, a Top 25 Firm based in Enterprise, Alabama, is adding Abroms & Associates PC, based in Florence, Alabama.

The German maker of packaging for medicines and cosmetics said it is "more likely to assume" it failed to properly recognize sales during the 2024 fiscal year. .

Risking a backlash from President Trump, who has long threatened to retaliate with trade tariffs, French lawmakers voted to double its tax on large technology companies.

Max Gokhman is deputy CIO for Franklin Templeton Investment Solutions, responsible for leading global investment research, including quantitative, fundamental and manager research teams. Previously, he was president and CIO of the startup asset manager AlphaTrAI and before that, head of asset allocation at Pacific Life Fund Advisors. Prior to Pacific Life, he was a portfolio manager with Mellon Capital's multiasset group and a founding member of Coefficient Global, a quantitative macro hedge fund.