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Latest Articles
Lame Duck: Remarks at the Meeting of the SEC Investor Advisory Committee
1+ hour, 58+ min ago (213+ words) Thank you, George [Georgiev]. Good morning and welcome to the Committee members and today’s panelists. Thank you for your participation in the meeting. Thank you also to Marc Sharma, Adam Moore, Charles Kwon, and Adam Anicich for their tireless work…...
Remarks at the Investor Advisory Committee Meeting
1+ hour, 57+ min ago (571+ words) Before I continue, I must note the customary disclaimer that the views I express here today are my own as Chairman and do not necessarily reflect those of the SEC as an institution or of my fellow Commissioners. To begin,…...
Two Flats, One Home: Mumbai ITAT Says Section 54F Income Tax Relief May Apply
9+ hour, 53+ min ago (464+ words) Buying two separate flats does not necessarily mean losing the tax benefit available for investment in a residential house. The Mumbai bench of the Income-Tax Appellate Tribunal (ITAT) in its recent ruling held that two flats in the same building…...
Sharon Osbourne files to remove accountant as executor to Ozzy's estate
17+ hour, 15+ min ago (280+ words) Sharon Osbourne filed to remove Colin Newman, her late husband Ozzy Osbourne's long-term accountant, as an executor of the rock star's estimated $100 million estate, according to a report by the Sun. The outlet reported that Sharon Osbourne filed documents on…...
How to teach ownership
22+ hour, 9+ min ago (518+ words) How do you get an employee to go from task-doer to accomplished-completer? How are firms conveying the importance of ownership to their staff and showing them how to go about it? Leaders want team members to see a project through…...
Caseware rolls out Excel add-on, client request AI
22+ hour, 9+ min ago (284+ words) Audit and risk solutions platform Caseware announced new upgrades that allow users to bring the company's AI agents into Microsoft Excel as part of the most recent expansion of its Caseware Verity AI offering, first introduced in May. The company…...
Hall expands into dental industry
1+ day, 18+ hour ago (317+ words) Hall CPA acquired Tooth & Coin, an accounting, tax and advisory firm that works exclusively with dental practices, marking its first acquisition as it expands into a new industry. Tooth & Coin, based in Little Rock, Arkansas, was founded in 2013 by Jonathan…...
Paystand agents now generally available
1+ day, 18+ hour ago (163+ words) Digital payments solutions provider Paystand announced the general availability of its agentic finance suite, which brings AI agents into accounts receivable, spend management and reporting on its B2B payment network. "Agentic finance does not mean giving software unlimited authority," Almond said....
Acquisitions could be solving the succession crisis, so why aren't they?
1+ day, 20+ hour ago (911+ words) An AICPA survey conducted in 2020 found that 26% of single owners and sole practitioners were planning to retire within the next five years. Today those partners have either hung up their hats and left a critical role to be filled, or…...
Why accounting firms should benchmark their hiring
2+ day, 20+ hour ago (805+ words) It's no secret that accountants love benchmarking. Internally, accounting firms benchmark their revenue per employee or productive hours against industry averages because benchmarking provides context. Yet few apply the same discipline to one of their biggest investments: their people. Recruiting…...