Accounting October 6, 2026
The 2026 AI Finance Stack
73 tools worth knowing, how I would put them together, and the trends behind why finance teams are picking them.
IRS June 26, 2024
IRS Paid Out $88.8M to Whistleblowers in FY 2023
The agency gave whistleblowers 121 awards for information attributable to $338 million in tax revenue being collected in fiscal year 2023.
Taxes June 26, 2024
4 Key Takeaways From the National Taxpayer Advocate’s Mid-Year Report to Congress
While the 2024 filing season generally ran smoothly, there are still several challenges impacting taxpayers, Erin Collins says.
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.
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.
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.
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
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.
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.
IRS June 24, 2024
Number of the Day: $5.7 Billion
As of March 31, the IRS has spent $5.7 billion, or 10%, of the $57.8 billion it will receive from the Inflation Reduction Act, TIGTA says.
Accounting June 24, 2024
High Schoolers Get a Taste of What It’s Like to Work at CLA
Interns this summer look even younger than the usual fresh-faced college students who man the cubicles at the top 10 firm.
Accounting June 24, 2024
The Hidden Costs of Late Invoice Payments
It has never been more critical for business consultants to work closely with clients to mitigate the prevalence of late invoice payments.
Taxes June 24, 2024
Trump’s Plan to Stop Taxing Tips Could Cost Up to $250 Billion
A bill introduced by Republican lawmakers would ax federal and employment taxes on tips, but doing so could come at a price.