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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,…
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…
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…
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…
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…
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…
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…
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 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…
Top 25 Firm Crowe launched an employee stock ownership plan following the close of its private equity investment from KKR in August. The ESOP, called CroweONE, is available to all employees without any upfront investment. Future hires will also be eligible…