Practice management

Clients increasingly view the use of advanced technology as a differentiating factor when selecting their auditors, according to a new survey by BDO USA.

The Top 50 Firm acquired two more firms in Tennessee and Michigan.

Monotony may not sound like a business threat, but in finance, it's quietly eroding productivity from within.

Audit and advisory leaders are working to implement AI solutions, but major hurdles mean that most professionals remain largely dependent on manual processes.

AI now does what once took teams of analysts weeks to complete. Yet, as recent incidents have shown, technology only succeeds when matched with sound governance.

Springline Advisory acquired Infinity Globus and Smart Accountants, both based in Ahmedabad, India, expanding the firm's international reach.

Nasty behavior by individuals at client companies toward auditors is widespread and can negatively affect auditor judgment, according a new academic study.

Safe Harbor, a fintech serving cannabis and hemp operators, launched a platform with bookkeeping, payroll and CFO support.

Grant Thornton International is considering a possible minority stake sale of its Indian unit or a merger with its operations in the U.S. or Europe.

Clients increasingly view their accountants not just as compliance partners, but as essential growth engines. They don't just need a tax return and help with compliance, they need a strategic partner.

Autonomy fosters resilience, adaptability and scalability, empowering teams to make decisions and innovate within a clearly defined framework. But autonomy cannot thrive in a vacuum.

How many useful tools are you failing to take advantage of in your profession?

Plus, TaxDome announces free bookkeeping hub; Qount announces UX/UI redesign; and other accounting tech updates.

The Association for Accounting Marketing announced new board members.

Former AICPA head Barry Melancon receives a leadership award from IFAC; Connecticut CPAs plan their Day of Giving; a new board at AAM; and other firm and personnel news from across the accounting profession.

Firm leaders need to make decisions from clarity, rather than from the pressure to keep up.

While there are powerful technology solutions available to professionals today, especially AI-based ones, none will perform their best without strong data sources paired with a robust governance framework.

The Top 10 Firm agreed to add Grant Thornton Brazil to its multinational platform, extending its reach into Latin America.

Firms want candidates to have critical reasoning skills and not just be "robots" who follow processes and procedures blindly without questioning or interpretation.

The higher standard deduction since 2017 has dramatically reduced itemization. But the new law provides incentive for teachers to consider whether that's feasible.