News

With AI initiatives succeeding only about half the time, find out what differentiates high-performing finance teams, according to Gartner research and reported by CFO Dive.

Explore resources and examples that explain how small firms can carry out monitoring procedures and document results under SQMS No. 1, from the Journal of Accountancy.

SB 1233 has cleared the General Assembly and is now just one signature away from becoming law. Governor Kehoe has until July 14 to sign or veto the legislation. Once signed, the additional licensure pathway of a baccalaureate degree including required coursework, two years of experience and passage of the CPA exam will be effective beginning Aug. 28, 2026.

The second quarter is the quarter your firm was built to grow in. Every year you treat it as a recovery period after tax season is a year you gave away the growth on purpose, according to an article from CPA Practice Advisor.

Underneath private credit’s complexity and opacity, the only reality that matters is the cold mechanics of cash, says a writer for CFO.com.

Learn how CPAs can help protect the elderly against the growing threat of artificial intelligence-powered scams using deepfakes and voice cloning, as explained by the Journal of Accountancy.

Finance leaders who view billing costs as a cash flow management lever perform better, notes CFO.com.

With the new year upon us, it's worth thinking about what 2026 will bring. Accounting Today surveyed accounting firms about their expectations, including anticipated growth, hiring plans, how they think tax season will play out and much more.

The Journal of Accountancy has compiled a brief reference guide for tax year 2025.

Learn about the favorite apps used by accounting technology leaders, compiled by Accounting Today.

The IRS has issued final regulations (T.D. 10034) that remove the associated property rule and similar rules regarding interest capitalization requirements for improvements constituting designated property. The regulations also modify the definition of “improvement," notes the Journal of Accountancy.

Four decades after its debut, finance chiefs say Excel’s consistency, flexibility and shared language keep it central to corporate finance even as AI reshapes the tech stack, notes CFO.com.

The accountant shortage isn’t going away, but CFOs can change how they compete for talent, notes this article from CFO.com.

The IRS has announced tax relief for individuals and businesses in parts of Missouri that were affected by severe storms, straight-line winds, tornadoes, and wildfires that began on March 14, 2025. These taxpayers now have until Nov. 3, 2025, to file various federal individual and business tax returns and make tax payments.

From mail automation to technical memos to data analysis and marketing, CPAs are transforming their work processes, notes the Journal of Accountancy.

The AICPA outlined its concerns to Congress about provisions in the tax bill that could hurt the accounting profession, including a section that allows long-debated contingent fees that it described as “an open invitation to unscrupulous tax preparers," notes the Journal of Accountancy.

While artificial intelligence may be new to many industries, data governance has been quietly led by finance departments for years, notes a CFO.com article.

Now in their 21st year, these rankings from CPA Practice Advisors allow tax and accounting professionals from various specialties to identify the technologies they have found to be essential to their practice, including performing client service functions, staff management, collaboration, resource management, payroll, communications, or other tasks.

FinCEN has issued an interim final rule removing the requirement for U.S. companies and U.S. persons to report beneficial ownership information under the Corporate Transparency Act. The rule also revised the definition of “reporting company,” notes the Journal of Accountancy.

All too often, accountants are not selling the sort of services that clients really value. To succeed in the face of automation, AI and other changes in the profession, accountants need to find new ways to create value in the mind of the client, notes Accounting Today.