Practice management

Plus, new partners at Weaver and Gross Mendelson; a host of scholarships in Illinois; and other firm and personnel news from across the profession.

Plus, CCH Axcess adds complex document ingestion and interpretation; TaxStatus launches Planning Observations to automate discovery; and other accounting tech news and updates.

Accountants are justly proud to be the economy's "most trusted advisor," but if you're doing just what you've always done, then that trust you've developed is at risk.

As the July 4 launch date nears when clients can start contributing to Trump accounts, advisors discussed pros and cons of this method to save for children.

BMSS Advisors & CPAs acquired Aviso Group, extending the Top 100 Firm's footprint in Alabama and launching the BMSS Family of Companies.

LevitZacks and Wilson Lewis completed acquisitions, effective as of June 1, growing their footprints in their respective states.

Got an important question? You may not need a consultant, but rather a community of your peers who are just a little ahead of you.

Your accounting firm's clients are counting on you to understand fraud risk in the Age of AI.

A survey found that a majority of investors disagreed with requiring scaling back to semiannual reporting for public companies.

Accountants are no longer just educating clients about tax law, but actively dismantling AI-generated fiction before it turns into audit-triggering liability.

The Top 20 Firm acquired Regional Leader Perkins & Co., expanding its Pacific Northwest presence.

CrossCountry Consulting acquired Dupont Circle Solutions, a Salesforce-focused technology consulting firm in Arlington, Virginia.

Fischer Cunnane & Associates acquired Kalos Hutchings & Co., expanding the firm's presence in the Philadelphia region and strengthening its real estate services.

Guidance from the IRS on AI captures only part of the picture. The obligations it describes are real and enduring. What it does not fully address is how the frameworks for meeting them were built for a different generation.

The Top 20 Firm acquired Santa Clara, California-based Sherwood Partners in a transaction expected to close this July.

The potential criminal development that adds to a series of governance scandals engulfing the sector in recent years.

AI will change the first few years of an accounting career but doesn't reduce the need for people who understand the numbers. In many ways, it raises the bar.

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.