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Latest News & Web Pages
AI is changing infrastructure economics and accounting models
22+ min ago (810+ words) For the last decade, cloud architecture has been the default for large enterprises." The rationale was straightforward: Avoid building depreciating infrastructure, convert fixed costs into operating expenses, and rely on hyperscalers for scale and reliability. As a result, some companies…...
What it takes to stay independent
1+ hour, 41+ min ago (567+ words) As private equity continues to be more and more involved in accounting, Jennifer Wilson of ConvergenceCoaching looks into what it takes for firms to maintain their independence. It certainly is, but it does require a different strategy than what you…...
Berkshire Hathaway shares drop more than 4% after poor fourth-quarter results, no bold moves by new CEO Abel
2+ hour, 57+ min ago (263+ words) Berkshire Hathaway shares fell Monday after the conglomerate reported a sharp decline in fourth-quarter operating earnings, while new CEO Greg Abel offered few signs of an immediate strategic shift in his first communication with shareholders. The results mark an early…...
Forvis Mazars expands health care consulting
5+ hour, 20+ min ago (399+ words) Forvis Mazars acquired The Innova Group, expanding the Top 10 Firm's health care consulting platform, effective March 1. Innova advises hospitals and health systems nationwide. The transaction adds nine executives, nearly 50 employees and a new office in Tucson, Arizona." "We are always…...
How to develop your career and aim for the C-suite
1+ day, 8+ hour ago (417+ words) The route to CFO or CEO involves calculated risks that take you beyond your comfort zone " a decision-making reputation and strategic networking can help, too. A good way of doing this is to look at the backgrounds of the C-suite…...
How will accountants learn new skills when AI does the work?
1+ day, 8+ hour ago (1750+ words) As entry-level tasks are automated, the focus of training will shift to judgment, simulation, and continuous upskilling. One of the first things Carl Mayes, CPA, said he did when he started his career as an auditor 20 years ago was to…...
March 2026
1+ day, 8+ hour ago (155+ words) As entry-level tasks are automated, the focus of training will shift to judgment, simulation, and continuous upskilling. Online games allow students of all ages to deal with ethical dilemmas in real-world scenarios. AI tools are frequently used in data visualization…...
Holding Foreign ESOPs? Here’s How To Cut Your Tax From 40% To 12.5%
1+ day, 17+ hour ago (285+ words) A reader who works with a company listed on the London Stock Exchange is facing this exact situation. With retirement approaching, the employee wants to transfer ESOP shares from the employer-provided international demat account to a personal account and avoid…...
February 2026
1+ day, 20+ hour ago (121+ words) Just as for other businesses, tax considerations come to the fore when CPA practices combine. This article delves into some of the possible entity deal structures for CPA firm mergers and acquisitions and the potential tax issues they present. Deductibility…...
Partner redemptions from ‘dry’ partnerships
1+ day, 20+ hour ago (141+ words) Editor: Greg A. Fairbanks, J.D., LL.M. The first and perhaps simplest method of funding the redemption of a partner from a dry partnership is for the corporation to distribute funds to the partnership, which in turn uses the cash to redeem its partner....