December 2, 2019
Recently, I had the privilege of sitting on a panel at Ensuring Success 2019. The session focused on the future of audit. I prepared for the session, listened to my fellow panelists throughout our talk, then reflected on what I had learned along the way.
December 4, 2019
The video sessions for Ensuring Success 2019 are now archived and can be watched on-demand. If you missed the live event this year, be sure to register for Ensuring Success 2020, which will once again offer ten, 50-minute, free CPE credit sessions ...
December 18, 2019
Be a Better Accounting Advisor: How Future Trends Will Impact the Profession. Think about the trends we can see coming our way: Client Accounting Services, Big Data, Blockchain, RPA, and AI, and more. How are these trends expected to change the way accountants will work in the future, and how they will be implemented? What...…
December 16, 2019
In response to a rapidly changing digital assets ecosystem, the American Institute of CPAs (AICPA) has issued nonauthoritative guidance in the form of a Practice Aid on how to account for digital assets. It is based on professional literature and ...
December 11, 2019
CPA.com and Lukka are forming this alliance because it is estimated that between eight and 14 percent of the U.S. population own crypto assets, according to recent polls by Harris Insights/Gem and Finder Inc., respectively.
December 11, 2019
Artificial intelligence and other transformative technologies have ushered the accounting profession into an age of innovation, and the momentum of change continues to build, the chief executive of CPA.com said in a morning keynote at the Digital CPA Conference. “While technology is enabling these changes, CPA firms must align their business strategies and skills and...…
December 6, 2019
BDO, one of the world’s leading global networks of independent public accounting firms, today announced its global revenue for all BDO Member Firms (including the exclusive members of Member Firms’ Alliances) at $9.6 billion for the fiscal year ended Sept
December 5, 2019
As you know, the Tax Cuts and Jobs Act (TCJA) was signed into law in 2017. Most of the measures were effective beginning in tax year 2018, and many individual measures contain a sunset date at the end of 2025. Here’s a summary of the TCJA provisions ...
December 3, 2019
Big Data, artificial intelligence, Robotic Process Automation (RPA), and cloud technologies top the list of profession’s technology hard trends that will impact the accounting and finance world over the next three years, according to research ...
November 19, 2019
AICPA News is a roundup of recent announcements from the American Institute of Certified Public Accountants.
November 17, 2019
“Everyone thinks of changing the world, but no one thinks of changing himself.” ~ Leo Tolstoy In the accounting world these days, we are inundated with news about change, innovation, disruption, or whatever else you want to call it. Terminology aside, the bottom line is that our jobs our changing at an ever-increasing rate. We...…
November 13, 2019
Consumers across all age groups are increasingly making purchases with tokens, indicating a wide range of new opportunities for businesses to engage with their customers and transform commerce using blockchain.