News
Real-time automation helps firms tame infrastructure costs
2+ hour ago (646+ words) In accounting and financial services, the ability to scale infrastructure efficiently isn't just a technology concern, it's a business imperative." As firms expand client bases, onboard remote workers, and adopt hybrid work environments, the back-end systems supporting day-to-day operations must…...
Boomer's Blueprint: The 4-attribute system transforming CPA firms
5+ hour, 46+ min ago (1484+ words) Several dangers are already visible: The good news is you don't need to change everyone or chase every new application or product. You need a system that focuses people on their strengths and surrounds them with the right support. Why…...
Armanino adds Step Up Consulting
5+ hour, 58+ min ago (184+ words) Armanino added Step Up Consulting, a UKG partner, to its Human Capital Management technology practice on Monday. The deal brings the Top 25 Firm into the UKG software ecosystem and strengthens its enterprise technology offerings for small and midsized businesses, which…...
82% trust AI for financial information and guidance
6+ hour, 46+ min ago (401+ words) An extremely large proportion of people trust AI with financial information and guidance, probably more than they should." The poll found people are also taking action on this advice. Data shows that 76% have actually taken action or made a financial…...
Running a firm? Get a system — any system
22+ hour, 32+ min ago (358+ words) Overnight success sometimes happens by accident, but long-term success never does. It requires structure and discipline, a single direction, discipline, clear goals, structure, a unified team, discipline, accountability, and structure " but above all, it requires discipline and structure. What matters…...
Identify and develop emerging leaders at your firm
1+ day, 5+ hour ago (563+ words) At a time when only one in 50 accountants (2%) achieve partner status, it's natural to wonder if there are certain personality traits that significantly improve, (or detract), from reaching that lofty position." A recent study we conducted suggests the answer is…...
AI agents managing 25-75% of finance and accounting tasks for many CFOs
1+ day, 6+ hour ago (388+ words) While still a minority, a significant percent of finance leaders have offloaded at least half of their accounting and finance workload to agentic AI tools." "Partial automation is now standard. The real challenge is knowing which processes can run independently…...
AICPA unveils Profession Ready Initiative
1+ day, 9+ hour ago (321+ words) The American Institute of CPAs introduced a new program dubbed the Profession Ready Initiative to identify and develop the skills needed by early-career CPAs to succeed in an increasingly AI-driven market. The initiative will deliver three key outputs: Throughout the…...
FASB to tackle market-return cash balance plans
3+ day, 23+ hour ago (365+ words) During a meeting on Jan. 14, FASB decided to add the project based on the recommendation of its Emerging Issues Task Force. The project will address the discount rate used to measure the projected benefit obligation under Topic 715, Compensation " Retirement Benefits,…...
Tech news: RSM opens PartnerSight platform to direct licensing
4+ day, 3+ hour ago (166+ words) RSM opens PartnerSight platform to direct licensing; Melio unveils "Agent Mel" AI; Rillet announces continuous close, Brex integration, auto-booking for journal entries; and other accounting tech news and updates. The pros and cons of Trump's pitch to move from quarterly…...