Practice management

The accounting talent shortage is now a structural feature of the finance and accounting sector.

AI technology is new, so it feels like it should demand a new kind of governance. It doesn't. The profession already has the answer inhouse.

Plus, the PCAOB's chief auditor departs; and other firm and personnel news from across the profession.

Plus, BlackLine announces AI governance console for CFOs; Sage X3 enhancements focus on manufacturers and distributors; and other accounting tech news.

The Top 25 Firm appointed Dee Burger as its first CEO. Founder and former managing partner Bill Carr will remain on as chairman of the board.

Whether advisors choose individual stocks or not, the SEC's proposal to allow semiannual reporting rather than quarterly could impact clients' portfolios.

The Top 25 Firm acquired Conroe, Texas-based firm Crowl, Cameron & Associates, expanding its presence to 20 offices and across 18 cities in the state.

AI severs confidence from correctness. Finding the areas that require scrutiny is much harder precisely because the output looks excellent everywhere.

Accounting firms that switch to transparent interviewing are improving hiring outcomes, reducing recruitment costs and creating a better candidate experience.

Among other things, the IRS's preliminary AI guidelines call for firms to exercise due diligence on AI outputs and pass AI-related savings on to clients.

The AI Native Accounting Foundation announced the winners of its first-ever AI Native Accounting Awards.

Intuit CEO Sasan Goodarzi declared today that, going forward, accountants are the customer not the channel and consequently they will be serving them as the customer.

Whitman Advisory introduced valueMyCPAFirm.com, an AI-powered tool that provides insights on a firm's market value.

Firms that rely on the old-fashioned billable hour are in the minority compared to fixed fee, value pricing and other models.

AI has become the No. 1 way to fake receipts for expense fraud. Before then, people generally relied on specialized templates from sketchy websites.

The Top 20 Firm will receive a significant investment from private equity firm Reverence Capital in a deal expected to close in the third quarter of this year.

Firms everywhere are searching for ways to seize first-mover advantages, or at least prevent competitors' AI use from becoming disruptive.

The leading CPA financial planners with over $1 billion in assets under management, from Accounting Today's annual ranking.

DuCharme, McMillen & Associates acquired Chicago-based Barron Corporate Tax Solutions, expanding the firm's property tax practice.