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We must confront a critical question: If we continue to train accountants solely to file tax reports, are we truly equipping them for the challenges of todays world? The recent announcement of the CIMA/CGMA 2026 syllabus has made it unmistakably clear: Merely knowing how to post journal entries is insufficient.
EDT 1 Min Read Facebook Twitter LinkedIn Email Andrew Harrer/Bloomberg Tax year 2026 and filing season 2027 are the target date for retiring the Filing Information Returns Electronic, or FIRE, system. FIRE will not be available for submissions in filing season 2027.
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Sovos ( [link] ): The IRS will decommission the Filing Information Returns Electronically system in January 2027; all 2026 returns will need to use the new IRS Information Returns Intake System. Sikich ( [link] ): What to tell law clients about choosing case-management software. The window for preparation is closing fast.
By Roger Russell July 2 Accounting North Carolina signs licensure changes bill into law North Carolina Gov. Josh Stein signed into law a bill that adds an additional pathway to CPA licensure, effective Jan. Jeff Stimpson Freelance writer For reprint and licensing requests for this article, click here.
Roger Russell Senior Editor, Accounting Today mailto linkedin For reprint and licensing requests for this article, click here. By Roger Russell 7h ago Accounting North Carolina signs licensure changes bill into law North Carolina Gov. Josh Stein signed into law a bill that adds an additional pathway to CPA licensure, effective Jan.
Technology Fraud Fraud prevention Digital payments MORE FROM ACCOUNTING TODAY Practice management CPA develops tools for accountants with dentist, veterinarian clients Bassim Michael has created Practice Gauge, a cloud-based analytics platform for his fellow accountants to use with their dentistry and veterinary clients.
By Roger Russell 7h ago Accounting North Carolina signs licensure changes bill into law North Carolina Gov. Josh Stein signed into law a bill that adds an additional pathway to CPA licensure, effective Jan. By Paige Hagy 7h ago Like what you see?
Emily Birnbaum and Erik Wasson Bloomberg News Tax Trump tax plan MORE FROM ACCOUNTING TODAY Practice management CPA develops tools for accountants with dentist, veterinarian clients Bassim Michael has created Practice Gauge, a cloud-based analytics platform for his fellow accountants to use with their dentistry and veterinary clients.
ILLINOIS Joseph Bigane Joseph Bigane III was named the recipient of the Illinois CPA Societys 2025 Lifetime Achievement Award. By Danielle Lee 50m ago Technology Tech News: Prager Metis teams with Kearns Technology Plus, K1x launches 1099 aggregator; Ledgre announces tax assistant for rental property owners; and other accounting tech news.
That’s where the best accountingsoftware for CPAs and accounting firms comes into play. Unlike generic accounting solutions available in the market, this software is meticulously crafted to cater specifically to CPA firms and accountants. million ( Source : Finances Online ).
Why is tech adaptation an essential skill for accountants? Online reports say the AccountingSoftware Market was valued at USD 12.01 billion by 2026, at a CAGR of 8.5% over the forecast period 2021 – 2026. Accountingsoftware also requires insights to ensure optimal functioning. billion in 2020.
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