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Latest News & Web Pages
Michael Burry says he's still betting against Palantir after Trump post boosts stock
2+ hour, 17+ min ago (299+ words) Michael Burry is sticking with his bearish wager against Palantir Technologies, even after a public endorsement from President Donald Trump helped lift the stock. The investor of the "Big Short" fame said in a Substack post Friday that he continues…...
Behind China's 'active efforts' for an Iran ceasefire: Business trumps politics
10+ hour, 10+ min ago (915+ words) BEIJING " China's ties with countries such as Iran and Russia have raised expectations of a bigger diplomatic role, but Beijing remains focused on protecting its own domestic interests, including global exports. That stance underpins Beijing's circumspect acknowledgment of reports that…...
Tax Fraud Blotter: Check, please
15+ hour, 11+ min ago (1271+ words) Denver: A restaurateur who ran eateries in two states pleaded guilty to defrauding the federal government out of millions of dollars and not paying hundreds of thousands more in taxes." Jared Leonard, 45, appeared to be a successful businessman and pillar…...
Alibaba leads $290 million investment for building a new kind of AI model as LLM limits emerge
16+ hour, 33+ min ago (476+ words) BEIJING " Alibaba Cloud is investing in a new type of artificial intelligence designed to better replicate the real world using a different approach from chatbots such as Open AI's Chat GPT. The shift recognizes the limits of "large language models…...
GASB proposes guidance on infrastructure
17+ hour, 3+ min ago (240+ words) The Governmental Accounting Standards Board has issued a proposed statement on infrastructure assets, and is seeking public comment on it. It is based on input from financial statement users that GASB gathered during its research on the subject, as well…...
Eisner Amper to add KLG Business Valuators & Forensic Accountants
23+ hour, 18+ min ago (345+ words) Top 25 Firm Eisner Amper will acquire KLG Business Valuators & Forensic Accountants in a deal expected to close this May. KLG, based in Melville, New York, specializes in business valuations, forensic accounting, litigation support, economic damage calculations and expert witness testimony…...
Accounting firms need new metrics for an old model
22+ hour, 30+ min ago (678+ words) Marshall Goldsmith famously wrote, "What got you here won't get you there." In public accounting, that statement defines the moment we're in. For over a century, firms have built their success by exchanging time for money. Along the way, they…...
Tax Strategy: Preparing for Trump account contributions
1+ day, 1+ hour ago (518+ words) More than 4 million children have been signed up for Trump accounts " but millions more are eligible. In Information Release 2026-42, dated March 31, 2026, the Internal Revenue Service announced that it has processed the 2026 tax filing season Form 4547 "Trump Account Election" for more…...
Leading adaptive transformation in the face of AI
1+ day, 4+ hour ago (717+ words) In the last 60 days, how many times has someone in your firm mentioned artificial intelligence in a partner meeting, hallway conversation or client discussion? And how many of those conversations ended with a clear decision about what to do next?...
Internal audit's role in guiding AI responsibly
1+ day, 3+ hour ago (498+ words) Artificial intelligence adoption is racing ahead. Organizations are accelerating pilots of chatbots and agentic systems to identify opportunities and unlock growth. But while the gas pedal is pressed to the floor, many companies are just starting to think about the…...