Practice management

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

Executives from the Top 100 Firms and Regional Leaders share their approaches on adopting and implementing artificial intelligence.

The industry framing of "what can AI do?" is mismatched with how AI is deployed today, and the conclusions can leave firms a tax season behind their peers.

Bidding a fond farewell to our longtime managing editor sparks some thoughts on who should be working for who.

The Top 50 Firm will acquire Troy, Michigan-based Gordon Advisors, making the state one of its largest geographic markets.

Are you sure it was the vendor's fault? Here are tips for a better outcome the second time around.

Wolters Kluwer announced that CCH Axcess Advisor, which entered limited release late last year, is now generally available for firms.

The Top 50 Firm acquired Owings Mills, Maryland-based Gorfine, Schiller & Gardyn, expanding the firm's Mid-Atlantic presence.

The Top 100 Firm acquired a Miami-based firm that specializes in international tax consulting, estate and trust matters, and tax planning.

The Top 25 Firm acquired Sharff, Wittmer, Kurtz, Jackson & Diaz, expanding its presence in Florida.

Instead of worrying about future hiring needs, it's time for firm leaders to fully understand the major drivers smoothing out the talent crunch.

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

The Top 50 Firm acquired Miami-based Parlade Schaefer Schortz, expanding its presence in the South Florida market and healthcare sector.

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.

Top 10 Firm Grant Thornton announced the launch of gtap, a proprietary audit infrastructure intended to redefine how the firm performs audits.

When a CPA signs off on a work product that an AI system helped produce, what is the independent verification standard that certifies the system producing that work is actually reliable? There isn't one.

Plus, Forvis Mazars promotes 50 new partners and managing directors; CohnReznick names a new chief technology officer; and more personnel and firm news from across the profession.

Clients are beginning to assume that if technology can forecast trends, flag anomalies and surface insights instantly, then their accountant should be doing the same.

Accounting ERP provider Sage announced a wide variety of new offerings and enhancements for both general business customers as well as the CPAs that serve them.

To begin your AI journey, here is a four-step plan that firms can use to transition from experimentation to execution, in a safe, practical manner.