Accounting June 25, 2025
IMA Expands Its Management Accounting Competency Framework
The Institute of Management Accountants recently announced that it was expanding its competency framework for accounting and finance professionals.
Accounting June 25, 2025
Compliance Relics: The Case Against PDFs and Screenshots
When it comes to compliance, seeing what happened should include seeing how it happened, and when. And for that, the PDF and screenshot era belongs in the scrapbook.
Accounting June 24, 2025
Xero to Acquire Melio, a Leading U.S. SMB Bill Pay Solution
The acquisition is expected to be funded through a mix of cash and equity. The upfront consideration will be US$2.5 billion (A$3.9 billion) in cash and equity consideration.
Technology June 24, 2025
Deloitte Unveils Human Capital AI Solution Suite
The human capital AI solution suite is geared for the human resources function, designed to provide organizations with the data and insights they need to effectively navigate the uncertainty and rapidly moving impacts of AI on the workforce and how work gets done.
Accounting June 24, 2025
AICPA Submits Recommendations to Senate Finance Committee on Reconciliation Bill
The AICPA submitted a letter to Senate Finance Committee leadership which included its endorsements, its concerns regarding the PTET SALT deduction, its request for clarification of the SALT proposal and two other recommendations.
Technology June 24, 2025
RSM US Launches New AI-Powered Tax Platform
The top five accounting firm said its new myRSM Tax ecosystem "demonstrates how cutting-edge AI is transforming client service, streamlining operations, and empowering professionals across the firm."
Firm Management June 24, 2025
Forvis Mazars Launches U.S. Financial Services Regulatory Center
The new center showcases the firm’s U.S. regulatory expertise and complements the firm’s longstanding Global Financial Services Regulatory Centre.
Technology June 24, 2025
ProfitSolv Gets Outside Investment From FTV Capital
ProfitSolv announced on June 24 a significant strategic investment co-led by growth equity firm FTV Capital and Lightyear Capital, an existing investor in the company since it launched in 2020.
Small Business June 24, 2025
Grant Thornton Releases First Digital Transformation Survey
Grant Thornton’s Digital Transformation Survey draws on insights from more than 550 cross-functional senior executives across industries, focusing on tech alignment, investment priorities, return on investment (ROI) metrics and integration challenges.
Artificial Intelligence June 24, 2025
Report Reveals Widening Performance Gaps Driven by AI Acceleration and Platform Connectivity
66% of companies view their PSO as a profit center (up 3 percentage points from 2024), and the segment of firms targeting elite 40%+ margins is set to more than double in 2025.
PCAOB June 23, 2025
PCAOB Gets New Life—For Now—Thanks to the Senate’s Nonpartisan Referee
Republican lawmakers' plan to fold the PCAOB into the SEC hit a snag last Thursday when it was determined in the Senate that the provision in the GOP tax-and-spending bill violates the "Byrd Rule."
Accounting Standards June 23, 2025
IASB Issues Revised Practice Statement on Management Commentary
The revised Practice Statement supports improvements to and greater global alignment in management commentary and narrative reports accompanying the financial statements.