The evolution of accounting through agentic AI
Accounting Today
FEBRUARY 26, 2025
Agentic AI represents more than mere automation. It's a paradigm shift that elevates the role of accountants from transactional operators to strategic advisors.
Wed.Feb 26, 2025
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Tariff on Aluminum Expected to Pinch Craft Brewers, Cause Consumer Price Increase
CPA Practice
FEBRUARY 26, 2025
Beyond malt, hops, yeast and water, aluminum is a key ingredient in the manufacturing process, used to make the cans for most of the craft beer sold at retail.
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PCAOB ramps up enforcement as it faces possible shutdown
Accounting Today
FEBRUARY 26, 2025
The Public Company Accounting Oversight Board increased its enforcement activity in 2024 to its highest level since 2017, according to a new report.
PCAOB Cranked Up Enforcement Activity in 2024
CPA Practice
FEBRUARY 26, 2025
Total monetary penalties levied by the Public Company Accounting Oversight Board set a new record for the third consecutive year in 2024 as the number of enforcement actions reached levels not seen since 2017, according to a new report released on Feb. 26 by Cornerstone Research.
The Human Side of Finance: The Intersectionality of People, Culture, Adaptability, and Resilience
Speaker: Melissa Hurrington
Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.
CohnReznick gets PE investment from Apax
Accounting Today
FEBRUARY 26, 2025
The Top 25 Firm is the latest accounting firm to receive a private equity investment, in this case from funds advised by Apax Partners.
Why Your People Leave: Creating a Culture That Makes Them Want to Stay
CPA Practice
FEBRUARY 26, 2025
Creating a firm where people choose to stay isn't about policies or perksit's about building an environment where work-life harmony thrives and professional growth feels limitless.
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Cohn Reznick Gets Growth Investment from Apax Funds
CPA Practice
FEBRUARY 26, 2025
The firm holds a strong position in the competitive professional services market, offering a diverse range of services, maintaining industry-leading client satisfaction, and earning recognition as an employer of choice.
PCAOB censures, bars partner for failing to cooperate
Accounting Today
FEBRUARY 26, 2025
The Public Company Accounting Oversight Board sanctioned Natalie Murphy, a former partner at Heaton & Company, for violating rules and standards.
IRS Says Contractor Leaked 400,000 Tax Returns, Nearly 6 Times More Than Previously Reported
CPA Practice
FEBRUARY 26, 2025
The tax data was stolen and leaked to the media by Charles Littlejohn, a former government contractor who was convicted and sentenced last year to five years in prison.
Navigating family office reporting
Accounting Today
FEBRUARY 26, 2025
A diverse range of financial investments and assets adds another layer of complexity for accountants working with family offices.
Maximizing Profit and Productivity: The New Era of AI-Powered Accounting
Speaker: Yohan Lobo
In the accounting world, staying ahead means embracing the tools that allow you to work smarter, not harder. Outdated processes and disconnected systems can hold your organization back, but the right technologies can help you streamline operations, boost productivity, and improve client delivery. Dive into the strategies and innovations transforming accounting practices.
insightsoftware Launches AI Suite for CFO Office
CPA Practice
FEBRUARY 26, 2025
The company says the Lineos system features work together to simplify processes, enabling finance teams to shift focus from managing data to driving insights and delivering value.
GASB posts report on fair value standard
Accounting Today
FEBRUARY 26, 2025
The Governmental Accounting Standards Board published a post-implementation review report on GASB Statement No. 72, Fair Value Measurement and Application.
Tesla Sales Fall 45 Percent in Europe, As Rival Electric Carmakers Surge
CPA Practice
FEBRUARY 26, 2025
Tesla Inc.s sales plunged 45% last month across Europe, where rival carmakers saw a surge in electric-vehicle demand.
Vertex Expands Global tax-compliance e-invoicing
Insightful Accountant
FEBRUARY 26, 2025
Vertex solution allows businesses to better automate e-invoicing, value-added tax, and cross-border compliance designed to meet evolving global regulations.
Smarter Card Solutions: Meeting the Challenges of Mid-Market Travel & Expense
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Our 2025 Center Travel Survey is clear: as corporate travel increases, so does corporate credit cards distribution, and a rise in off-platform travel booking. This 61% rise causes various challenges: compliance, spend control, reporting problems, and a lack of visibility across organizations. To evolve with the ever-changing needs of travelers, decision-makers need a better solution.
Gusto Releases New Compliance Solution for Small Businesses
CPA Practice
FEBRUARY 26, 2025
The payroll solutions provider has introduced Gusto Compliance, a product designed to help small business owners know what steps they need to take to maintain compliance with common regulatory requirements.
How to Intuit Enterprise Suite: More About Dimensionalization
Insightful Accountant
FEBRUARY 26, 2025
Murph takes you through the steps to 'Dimensionalize' your accounting using Intuit Enterprise Suite.
Karbon Practice Marketplace Offers Connection Point for Firms Seeking Acquisition with Buyers
CPA Practice
FEBRUARY 26, 2025
Any accounting firm looking to sell can list on the platform for a fee, while buyers must be fully implemented on Karbon's practice management system.
Changes Coming for the R&D Tax Credit
Insightful Accountant
FEBRUARY 26, 2025
The Research Tax Credit form (Form 6765) has undergone significant changes, now requiring more detailed documentation of qualified research expenditures (QREs).
Say ‘Goodbye’ to Clunky Spreadsheets and Say ‘Hello’ to Month-End Automation
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Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, emails, and shared drives no longer need to slow you down. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.
AICPA Offers Strong Support for Disaster Tax Relief Bills in House
CPA Practice
FEBRUARY 26, 2025
The Filing Relief for Natural Disasters Act would expedite the issuance of federal tax relief and provide the IRS with authority to grant tax relief once the governor of a state declares a disaster or state of emergency.
Insightsoftware announces AI solution Lineos
Accounting Today
FEBRUARY 26, 2025
insightsoftware [sic] announced the launch of its new AI-powered Lineos bot, integrated across its product suite to simplify workflows and provide data-driven insights.
AICPA Submits Request for Updates, Request to Testify on Circular 230
CPA Practice
FEBRUARY 26, 2025
The AICPAs recommendations were submitted to clarify the proposed revisions to the Treasurys standards, as well as other rules that tax and valuation practitioners must follow.
Krause To Serve As Acting IRS Commissioner
Insightful Accountant
FEBRUARY 26, 2025
Secretary of the Treasury Scott Bessent announced today that IRS Chief Operating Officer Melanie Krause will become acting IRS Commissioner following the retirement announcement of Doug ODonnell.
Outsourcing Vs. In-House: The Ultimate Battle For Better Collections
Speaker: Susan Richards
Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.
Vertex Expands e-Invoicing Capabilities to Streamline Compliance & Reporting
CPA Practice
FEBRUARY 26, 2025
Scalable solutions are essential to replace fragmented approaches, ensuring seamless compliance while automating the reconciliation between real-time e-invoice data with periodic VAT filings.
How Long to Keep Business Records [+ Best Practices]
Patriot Software
FEBRUARY 26, 2025
Picture this: You own a small restaurant. One day, you receive an IRS noticeyoure being audited. Do you A) Panic or B) Calmly review your business records? If you know how long to keep business records (and which ones to keep), youll have the supporting documents needed to back up your tax return claims.
AICPA Adds Rightworks Cloud and Security Program to Member Discount Program
CPA Practice
FEBRUARY 26, 2025
The collaboration provides AICPA members with exclusive discounts on Rightworks WISP and Total Security solutions, empowering firms and small businesses to stay ahead of security threats.
High Income Child Benefit Charge and Tax-Free Childcare
Inform Accounting
FEBRUARY 26, 2025
High Income Child Benefit Charge Income thresholds for the High Income Child Benefit Charge (HICBC) went up from 6 April 2024. This opened the possibility of receiving Child Benefit payment in many more households.
AP Automation: The Competitive Advantage Your Business Needs
Speaker: Danny Gassaway and Wayne Richards
Finance leaders are prioritizing efficiency and digital transformation, yet many hesitate to automate due to uncertainty. Without a clear understanding of its impact, organizations risk falling behind competitors who are leveraging technology to drive productivity and cost savings. So, how do you make the case for automation within your organization?
Expensify Opens Travel Management System to All Customers
CPA Practice
FEBRUARY 26, 2025
Expensify, Inc., a financial management app for expenses and corporate cards, has fully launched Expensify Travel, a new travel management tool that combines travel booking, policy enforcement, and real-time collaboration into a single, seamless experience. Expensify Travel is now available to all members via the web, mobile, and desktop apps. The tool enables members to.
Emburse announces "Emburse AI" for automation, insights
Accounting Today
FEBRUARY 26, 2025
Emburse announced new AI capacities across its entire product suite, under the name of Emburse AI.
Melanie Krause Named IRS Acting Commissioner as Douglas O’Donnell is Set to Retire
CPA Practice
FEBRUARY 26, 2025
IRS chief operating officer Melanie Krause will be taking over as the agency's acting commissioner, a move that was announced by Treasury Secretary Scott Bessent on Monday after current IRS interim chief Douglas O'Donnell said he plans to retire on Feb. 28.
Saver's match 'free money' could pad millennial, Gen Z retirements
Accounting Today
FEBRUARY 26, 2025
Financial advisors and other industry professionals will be integral in boosting those generations' nest eggs by double digits through a Secure 2.0 provision.
Fall In Love With the Month-End Close
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It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.
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