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Latest Articles

Accounting Thought Leaders Look to the Future of the Profession at AICPA Engage

Accounting June 7, 2026 

Accounting Thought Leaders Look to the Future of the Profession at AICPA Engage

Attendees came from across the country to discuss core firm issues, and develop strategies firms can use to stay agile and more productive.

Isaac M. O'Bannon

Featured Articles

June 6, 2026  

‘Scare Tactics’ and ‘Survival Mode’: Battle Looms on Florida Property Tax Vote

June 6, 2026  

Just What Does Florida’s Homestead Property Tax Amendment Do?

June 6, 2026  

Judge Rewrites Ballot Language on Plan to Eliminate Missouri Income Tax

June 5, 2026  

Compliance Policies Need Tools Sophisticated Enough to Enforce Them

June 5, 2026  

The Advisory Skills Gap in Accounting: What the BLS Data Shows and How Forward-Thinking Firms Are Closing It
Under Armour Will Pay $434 Million to Settle Shareholder Lawsuit

Accounting June 26, 2024 

Under Armour Will Pay $434 Million to Settle Shareholder Lawsuit

The lawsuit questioned disclosures and accounting practices related to sales between the third quarter of 2015 and the fourth quarter of 2016.

Airwallex Adds Integration with QuickBooks for Bank Feed Data

Accounting June 26, 2024 

Airwallex Adds Integration with QuickBooks for Bank Feed Data

Data demonstrated that accountants overwhelmingly need to gain a greater understanding of what financial transformation means for their organizations.

Isaac M. O'Bannon

Accountants Hold Vital Role in Driving Financial Transformation

Accounting June 26, 2024 

Accountants Hold Vital Role in Driving Financial Transformation

Data demonstrated that accountants overwhelmingly need to gain a greater understanding of what financial transformation means for their organizations.

Isaac M. O'Bannon

cyber-security1

Accounting June 26, 2024 

Rightworks Acquires Cyber Security Firm Practice Protect

The acquisition will enable firms to manage risk, secure client data, and achieve regulatory compliance while using cloud and desktop applications in Rightworks OneSpace.

Isaac M. O'Bannon

IRS Says Sorry to Ken Griffin for Tax Data Leak

Taxes June 25, 2024 

IRS Says Sorry to Ken Griffin for Tax Data Leak

The IRS apologized to the billionaire founder of Citadel for failing to protect his tax information from being leaked to the press.

Jason Bramwell

Number of the Day: 320%

Firm Management June 25, 2024 

Number of the Day: 320%

Public accounting firms are adding far more nonequity partners to its ranks than equity partners over the last 15 years.

Jason Bramwell

Roadmap to The Modern Firm

Advisory June 25, 2024 

Roadmap to The Modern Firm

For firms, the continuum represents a proven, strategic roadmap to achieve modern status and thrive in the digital era.

CGMA, CITP, CPA, Darren Root

Canadian Audit Firm Fined $60,000 By the PCAOB for Quality Control Failures

Auditing June 25, 2024 

Canadian Audit Firm Fined $60,000 By the PCAOB for Quality Control Failures

Vancouver-based De Visser Gray was sanctioned for failing to comply with U.S. quality control standards from April 2019 to January 2024.

Jason Bramwell

PCAOB Busts Two Audit Firms for Not Complying With Reporting Rules

Auditing June 25, 2024 

PCAOB Busts Two Audit Firms for Not Complying With Reporting Rules

KKM CPA Associates in New York and the BDO affiliate firm in the United Arab Emirates were fined $25,000 and $20,000, respectively.

Jason Bramwell

retirement-11

Payroll June 25, 2024 

Workers Less Confident on Retirement

Four in 10 employees (41%) are not on the right track with respect to their finances, and nearly a quarter (21%) expect their financial situation to worsen over the next year.

Isaac M. O'Bannon

Home Sales Dip Slightly, As Median Value Hits Record High of $419,300

Payroll June 25, 2024 

Home Sales Dip Slightly, As Median Value Hits Record High of $419,300

Existing-home sales slightly declined in May as the median sales price climbed to a record high, according to the National Association of Realtors.

Isaac M. O'Bannon

 Finding Meaningful Work is More Important than Benefits to Gen Z

Payroll June 25, 2024 

Finding Meaningful Work is More Important than Benefits to Gen Z

The vast majority of employees highly value workplace flexibility, and Gen Z in particular places a premium on flexibility.

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