Practice management

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.

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.