Artificial Intelligence

August 1, 2017 

According to KPMG’s 2017 CEO Outlook, 57 percent of U.S.-based CEOs revealed they lack sufficient processes to sense disruption in their respective markets. From startups and new competitors to emerging technologies to shifts in political, regulatory ...

August 1, 2017 

BDO and MindBridge Analytics Inc., have formed a strategic relationship augmenting BDO’s existing data analytics and global forensics capabilities through the use of the MindBridge Artificial Intelligence platform. MindBridge’s AI technology enables ...

July 19, 2017 

AICPA Applauds Passage of Mobile Workforce State Income Tax Act The American Institute of CPAs (AICPA) applauded the U.S. House of Representatives for passing the Mobile Workforce State Income Tax Simplification Act of 2017, H.R. 1393.  The bill would simplify state income tax reporting and withholding rules for employees who sometimes work outside their home...…

July 10, 2017 

KPMG International and Microsoft have announced two important strategic initiatives that will expand the scope of their global alliance: providing clients with a portfolio of digital solutions, and enabling KPMG's smart audit platform, KPMG Clara ...

June 27, 2017 

With the current break-neck pace of software and technology we can often overlook the fact that "the cloud" is really just outsourcing. The term "cloud" is simply a catch-all term for subscription-based services running on someone else's network.

June 20, 2017 

The Association of International Certified Professional Accountants and CPA.com are jointly sponsoring an initiative to accelerate the growth of early-stage companies that could have significant impact on the accounting profession. The goal is to ...

June 13, 2017 

For the past several years, accounting firms have faced a leaky bucket in terms of staffing. While firms are currently growing—the latest AICPA survey estimates that more than 60 percent of firms are planning expansions—many face a talent shortage.

May 24, 2017 

In June 2015, Intuit® celebrated the milestone of serving 1 million small businesses around the world. Today, a little less than two years later, we are thrilled to share that we’ve crossed another significant milestone, doubling that number to more than 2 million global QuickBooks® Online (QBO) customers now powering their prosperity on our platform! It’s a milestone...…

May 22, 2017 

Some industry experts believe that blockchain technology can be used to revolutionize accounting in several areas, but the term and some of its descriptions have left many people confused. One of the best explanations of what blockchain technology is ...

Mary Ellen Biery

May 18, 2017 

IBM will provide an advanced cognitive and data skills platform to accounting professionals to more quickly acquire data science, business analytics and AI skills. By acquiring cognitive skills, accounting professionals can play a bigger role in ...

May 10, 2017 

  Accounting software maker Sage announced at Sage Summit US 2017 new research which shows almost a third of small businesses who commit to technology show demonstrable growth. Nevertheless, more than half (56%) of all small business owners interviewed have yet to adopt digital technologies, preferring to maintain their business with traditional methods, signalling a...…

April 26, 2017 

No credits, no deductions and a flat income tax rate describes the ideal tax regime ranked first by corporate tax professionals, according to EY’s yearly survey announced today at Ernst & Young LLP’s 12th Annual Domestic Tax Conference in New York.