Practice and client management

Accountants don't have to wait for a major catastrophe to act on governance and oversight of AI as the systems become more enmeshed in workflows and decisions.

Talking about the importance of one type of tax planning or another is far different from implementing all of those strategies across the industry.

Even if they must refer wealth families to a tax professional for a generation-skipping or dynasty trust, financial advisors can play a valuable role.

Centri Business Consulting plans to use a $20 million credit facility from Citizens Financial Group for acquisitions and talent.

AI governance is awaiting its Ferdinand Pecora, counsel to the Senate Banking Committee in the 1930s, who built the evidentiary foundation for every protector system that followed.

Jim Bourke of Withum lays out why CAS is a crucial foundation for highly profitable advisory services.

As the only publicly traded firm with a meaningful operating history, the CBIZ story merits honest assessment.

The Uniform Partition of Heirs' Property Act helps families avoid forced property sales in at least 24 states, according to a study sponsored by JPMorgan Chase.

The AAM is rebranding itself as the Association for Accounting Growth, reflecting the profession's evolution and association members' expanding responsibilities.

As affordable accounting services become the new standard, the key to thriving will be brand affinity, loyalty and admiration, starting with client experience.

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

Most firm owners focus on the revenue lever they have pulled their whole career, but they may never have touched the other lever.

Plus, Xero announces XeroForce custom AI agent builder; Emburse releases new AI purchasing agent; and other news and updates from the accounting tech world.

Public accounting firms are having their own awkward conversation between the firm they built and the firm they now need to become.

Whitman Advisory, Maxwell Leadership and Lions Pride Leadership partnered to launch a leadership development and coaching company.

The idea of semi-annual reporting is a guaranteed self-inflicted disaster, like using a knife while gripping the blade instead of the handle, writes Paul Miller.

Behind on AI; Show-Me State; sunsetting FIRE; and other highlights from our favorite tax bloggers.

At 55, owners are often in a stronger position to adapt, lead change, shape the firm's future and participate in a transition from a position of strength.

Clients may be able to save thousands in taxes and prepare for a better future with the introduction of even the most rudimentary financial planning.