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Latest Articles
Griffin says Republicans erred by cutting taxes last year
Billionaire Ken Griffin said Republicans in Congress and President Donald Trump made a mistake by cutting taxes even further last year. After the U.S. government's heavy spending during the pandemic "we didn't have the fiscal space to renew the tax cuts,…
SEC and AMF Announce Supervisory MOU To Enhance Cooperation for Investment Advisers and Investment Service Providers
Washington D.C., Oct. 20, 2026 — The U.S. Securities and Exchange Commission (SEC) and the French Autorité des Marchés Financiers (AMF) announced that they have entered into a Memorandum of Understanding (MOU) designed to facilitate consultation and information-sharing in the supervision of certain investment…
The hidden plumbing of family office accounting
As a CPA, your value to a high-net-worth family is not data entry; it's advice. Here are three reasons why family office accounting can be more complex than large company accounting: 1. General ledger software wasn't made for multiple entities. 2. Available…
SEC, FSA Hold Autumn Financial Regulatory Dialogue
Washington D.C., Oct. 20, 2026 — The U.S. Securities and Exchange Commission (SEC) and the Financial Services Agency of Japan (FSA) convened the Autumn SEC-FSA Financial Regulatory Dialogue in Tokyo on Oct. 19, 2026. The SEC–FSA Dialogue builds upon longstanding efforts between the two authorities…
GASB to give government accountants some breathing room
Key insight: Here's why GASB is pausing new accounting standards until fiscal year 2029.What's at stake: Strained government accounting departments struggling to balance shrinking staff with rising audit demands.Expert quote: "You're being asked to do a whole lot more…
New AI assurance certification combines SOC 2, AIUC-1
The AICPA and the Artificial Intelligence Underwriting Company announced a plan to launch a joint assurance certification that combines the organizations' respective SOC 2 and AIUC-1 examination processes into a single comprehensive independent review of business risk related to AI systems…
PwC grows 2026 global revenue to $60.2B
Revenue increased across all regions at PwC, led by the Asia Pacific region at 7.7%, 4.6% in the Americas and 0.7% in Europe, the Middle East and Africa. Tax and legal services scored the highest growth among PwC's lines of service, with like-for-like…
SEC Announces Roundtable on Machine-Understandable Data in the Age of Super Intelligence
The Securities and Exchange Commission announced today that it will host a roundtable on November 9, 2026, to discuss the use of machine-understandable data and Super Intelligence (SI) and related risks and costs.“In the age of SI, high-quality… Official websites use.
The automation paradox in finance
The results are in after the Q2 earnings season: It's clear that AI is a growth area. The Top 25 Firm introduced a shared ownership plan following the close of its private equity investment from KKR in August. Two different studies recently…