Accounting and other professional service firms are rushing to make sure that they will be mentioned in AI search results, with most planning to implement a strategy within the next six months.

Senator Todd Young is urging the IRS to reconsider guidelines on the tax treatment of rewards crypto owners collect for locking assets on a blockchain network.

Most accounting and bookkeeping firms are still flying blind when it comes to pricing, and it's eating into their margins.

Economic pessimism is on the wane among audit partners, though they're not feeling as confident as last year, according to a CAQ survey.

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

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.

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.

Small-business accounting platform Xero announced a 20% increase in operating revenue for the first half of its fiscal year, attributing it to a growing user base and higher average revenue per user.

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.

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.

Mike Lyons blamed a raft of operational shortcomings for the earnings disappointment that triggered a record rout in the payments giant's stock last month.

A new report finds internal audit professionals adjusting to flat and shrinking budgets and the encroachments of artificial intelligence.

The acting chair of the Public Company Accounting Oversight Board outlines his vision for defining audit quality, highlights private equity concerns, and calls for AI guardrails.

Plus, the end of Windows 10, and Xero's big buy, and seven other developments in accounting technology you may have missed.