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Dominic Piscopo Founder, Big 4 Transparency.com For reprint and licensing requests for this article, click here. Youll be glad you did. How is your firm handling the war for talent? Id like to hear more.
Intuit QuickBooks sample screen Michael Cohn Editor-in-chief, AccountingToday.com twitter mailto linkedin For reprint and licensing requests for this article, click here. Technology Artificial intelligence Intuit MORE FROM ACCOUNTING TODAY Technology Does your app share client data?
Daniel Hood Editor-in-chief, Accounting Today twitter mailto linkedin For reprint and licensing requests for this article, click here. We all know the Golden Rule — Treat others how you want to be treated — but the Platinum Rule is about treating people how they want to be treated."
Jeff Stimpson Freelance writer For reprint and licensing requests for this article, click here. Attendees can also complete the registration on the IRIS working group meetings and notes page on irs.gov/IRIS.
In contrast, accountants who see the big picture, understand the ripple effects of their decisions, and actively contribute to the financial and ethical health of organizations will undeniably remain indispensable, anywhere in the world.
Michael Cohn Editor-in-chief, AccountingToday.com twitter mailto linkedin For reprint and licensing requests for this article, click here. Kirkland & Ellis LLP and Vedder Price P.C. are serving as legal advisors to New Mountain Capital.
Trout CPA ( [link] ): Financial management, with a heavy dose of tax considerations, for funeral homes. Jeff Stimpson Freelance writer For reprint and licensing requests for this article, click here.
Chris Gaetano Technology Editor, Accounting Today linkedin For reprint and licensing requests for this article, click here. Technology RSM Artificial intelligence Practice management MORE FROM ACCOUNTING TODAY IRS IRS updates procedures list for accounting changes Rev.
Elizabeth Beastrom President, Thomson Reuters Tax & Accounting Professionals For reprint and licensing requests for this article, click here. Those that wait may not get a chance to play catch-up.
By combining technological tools with human insight and an understanding of behavioral challenges, accountants ensure fraud prevention efforts are robust, adaptable and sustainable. Vinícius Alves de Melo CEO, Carlos Contábil For reprint and licensing requests for this article, click here.
Paige Hagy Reporter twitter mailto linkedin For reprint and licensing requests for this article, click here. Audit firms that act on the reports findings will be rewarded with rising fee incomes and a continually growing client base."
You can read more about the program in my first article: Addressing the accounting talent shortage through hands-on education. Dan Luthi Partner, Ignite Spot Accounting Services For reprint and licensing requests for this article, click here.
I want to thank Ryan for his service as acting chief accountant and am pleased that he will continue serving in the Division of Enforcement," said Atkins. Michael Cohn Editor-in-chief, AccountingToday.com twitter mailto linkedin For reprint and licensing requests for this article, click here.
The 2025 Accountants Confidence Report can be accessed here by using the code "avlr". Michael Cohn Editor-in-chief, AccountingToday.com twitter mailto linkedin For reprint and licensing requests for this article, click here.
Chris Gaetano Technology Editor, Accounting Today linkedin For reprint and licensing requests for this article, click here. The deal was signed on June 16, 2025, and is expected to close shortly. Terms of the acquisition were not disclosed.
Jeff Stimpson Freelance writer For reprint and licensing requests for this article, click here. Affected taxpayers claiming the disaster loss on their return should put the FEMA disaster declaration number, 3628-EM, on any return.
Paige Hagy Reporter twitter mailto linkedin For reprint and licensing requests for this article, click here. And for evaluating audit results, firms did not sufficiently evaluate whether the broker-dealer financial statements were presented fairly in accordance with GAAP.
The firms that emerge as winners in the accounting industry are more likely to be the holdouts that remain focused on the long-term. Elliott Parker CEO, Alloy Partners For reprint and licensing requests for this article, click here.
Bloomberg announces new features for AI Assistant Bloomberg Tax and Accounting announced a bevy of new features for its AI Assistant. This is on top of the tax content it already draws upon, such as Bloomberg Tax Portfolios.
Michael Cohn Editor-in-chief, AccountingToday.com twitter mailto linkedin For reprint and licensing requests for this article, click here. While 85% of firms have embraced cloud platforms, a sizable number still lag behind, missing out on benefits such as easier data access from anywhere (40%) and enhanced security (36%).
But while we have them, we must ensure they develop the key skills that accounting and internal audit offer that AI cannot deliver: critical thinking, relationship acumen, intellectual curiosity, empathy and ethical resilience.
Set up recurring digital workflows: Automate monthly tasks like reconciliation or reporting through tools such as Microsoft Power Automate or accountingsoftware integrations. Emily Shaw Founder, DocFly For reprint and licensing requests for this article, click here. Regularly review retention policies.
Jeff Stimpson Freelance writer For reprint and licensing requests for this article, click here. He was also ordered to serve a year of supervised release and to pay $8,250,244 in total restitution to the IRS.
Jeff Stimpson Freelance writer For reprint and licensing requests for this article, click here. Tax IRS Tax regulations Corporatetaxes MORE FROM ACCOUNTING TODAY Tax IRS spruces up Pre-Filing Agreement program New guidance, step-by-step instructions and useful statistics are now available for large business filers.
Paul Peterson Managing partner and CEO, Wiss For reprint and licensing requests for this article, click here. By strengthening client relationships, improving talent retention and reducing operational risk, these strategies help firms build lasting financial resilience. Predictability no longer just reduces risk. It drives results.
Chris Gaetano Technology Editor, Accounting Today linkedin For reprint and licensing requests for this article, click here. This is no longer a niche IT issue — its a frontline finance challenge."
Jeff Stimpson Freelance writer For reprint and licensing requests for this article, click here. You dont think theres an error, so you send a timely request for abatement, which by law the IRS should honor. What happens if the IRS doesnt?
IMAs Management Accounting Competency Framework outlines the skills required by the most common accounting and finance roles. Michael Cohn Editor-in-chief, AccountingToday.com twitter mailto linkedin For reprint and licensing requests for this article, click here.
But with the establishment of a proper approach, accounting industry professionals can incorporate calendar-based automated processes, scheduling software, reminders to tighten up invoicing operations, improve the client experience without adding more manual work, and ensure their firms communication channels hum with reliability and efficiency.
Jeff Stimpson Freelance writer For reprint and licensing requests for this article, click here. Theft of government money provides for up to 10 years in prison, three years of supervised release and a fine of $250,000. Sentencing is Sept.
Danielle Lee Managing Editor, Accounting Today mailto linkedin For reprint and licensing requests for this article, click here. And this is just the beginning…we have some exciting things on our roadmap and look forward to sharing them very soon!"
Paige Hagy Reporter twitter mailto linkedin For reprint and licensing requests for this article, click here. At PICPA, were proud to support a mission that aligns so closely with ours: empowering firms to use AI not just for efficiency, but to drive growth, value and long-term relevance."
Chris Gaetano Technology Editor, Accounting Today linkedin For reprint and licensing requests for this article, click here. By Chris Gaetano CloseText About Chris linkedin chris-gaetano-870989232/ June 25, 2025, 4:00 p.m. Xero has agreed to pay a break fee of $37.5
Chris Gaetano Technology Editor, Accounting Today linkedin For reprint and licensing requests for this article, click here. Finally, only a few days ago, EY launched its own EY.ai Agentic Platform.
Jeff Stimpson Freelance writer For reprint and licensing requests for this article, click here. Carter faces up to a year for each failure to file a return charge; Carillo faces a maximum of three years for each charge of assisting in the preparation of a false return; Mentor faces up to five years in prison.
Paige Hagy Reporter twitter mailto linkedin For reprint and licensing requests for this article, click here. What makes them so special (in a pond of many PE firms) is their deep understanding and track record of advising people businesses where the assets go home every night and decide if they want to come back the next day.
Michael Cohn Editor-in-chief, AccountingToday.com twitter mailto linkedin For reprint and licensing requests for this article, click here. In 2021, Bonadio merged in Ganer + Ganer , a firm in New York City.
Daniel Hood Editor-in-chief, Accounting Today twitter mailto linkedin For reprint and licensing requests for this article, click here. Practice management M&A MORE FROM ACCOUNTING TODAY Practice management Cohen expands in New York State The Cleveland-based Top 100 Firm has added Westchester County-based Gioffre & Co.
Michael Cohn Editor-in-chief, AccountingToday.com twitter mailto linkedin For reprint and licensing requests for this article, click here. In the U.S., Andersen has more than 2,000 people in 25 cities.
Jeff Stimpson Freelance writer For reprint and licensing requests for this article, click here. As a result, Coco failed to pay the IRS $456,683. The charge carries a maximum of three years in prison and a $250,000 fine.
Listen: " Inside Armaninos success." ) Michael Cohn Editor-in-chief, AccountingToday.com twitter mailto linkedin For reprint and licensing requests for this article, click here. In 2022, it merged in Philadelphia-based Drucker & Scaccetti.
Danielle Lee Managing Editor, Accounting Today mailto linkedin For reprint and licensing requests for this article, click here. And so its very important to kind of harmonize those processes so that we can identify best practices and help them unlock growth."
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