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News
Guggenheim's Walsh says accounting at GPI unit was 'appropriate"
2+ week, 5+ day ago (353+ words) Guggenheim Partners is working with regulators as they probe a business accounting issue at one of its subsidiaries, according to Anne Walsh, chief investment officer of the firm's asset-management business. "We have been very open with regulators and very cooperative…...
The AICPA asks: Are you ready for accounting in 2040?
3+ mon, 5+ day ago (744+ words) By the time 2040 rolls around, you may not recognize the work accountants are doing, how they're doing it, or how they prepare for and manage their careers, according to a major new report from the AICPA and CIMA. Built on…...
PwC, EY lay off executive assistants as AI accelerates
3+ mon, 3+ week ago (732+ words) PwC's U.S. arm laid off about 600 executive assistants, recruiters and other support staff in February, according to people familiar with the situation. The cuts followed months of uncertainty among the Big Four accountancy's non-client-facing employees after restructuring plans were announced last…...
Grant Thornton to add MCA Connect
3+ mon, 3+ week ago (309+ words) Grant Thornton Advisors will acquire MCA Connect, a consulting and technology firm that helps manufacturing and distribution companies modernize their operations with digital solutions. Based in Denver, MCA Connect is a Microsoft partner for manufacturing and distribution, and is a…...
Does your firm need an AI architect?
4+ mon, 1+ week ago (341+ words) For CPA firms, generative AI is no longer a "future" discussion—it's already reshaping how work gets produced, reviewed and priced. Enter the AI Architect: the person responsible for ensuring AI is used intentionally, consistently and safely across the firm,…...
On the move: Aprio taps lead for new data and AI practice
4+ mon, 1+ week ago (126+ words) The law, effective Oct. 1, 2026, will create a third pathway that allows candidates to earn their CPA license with a bachelor's degree, two years of experience and passing the CPA exam. The deal strengthens Sikich's presence in health care, life sciences,…...
Evaluating AI vendors? Start with these 4 criteria
5+ mon, 3+ day ago (319+ words) If your firm has started exploring AI and feels overwhelmed by the number of vendors promising to transform your practice, you are not alone. Over the past year, my team and I have evaluated somewhere between 100 and 200 AI vendors – each…...
Can AI pass a course in accounting ethics?
5+ mon, 5+ day ago (480+ words) Recently I gave my Accounting Ethics class this assignment: Part 1: Choose a topic for an accounting ethics paper and have an AI program write it; Part 2: Critique the AI paper. What did it do well? What did it do poorly?...
Accounting jobs requiring AI skills jump 67%
5+ mon, 2+ week ago (233+ words) The number of accounting jobs that list AI skills in some form or another has jumped dramatically in the course of just one year. One thing that has not changed is that accountants need to know how to use Excel....
Best Firms for Tech deadline extended
5+ mon, 2+ week ago (173+ words) Due to greater-than-expected interest, Accounting Today has moved the submission deadline for its 2025 Best Firms for Technology survey from today until the end of the day Friday, April 3. To participate, firms must complete the Best Firms for Tech submission form,…...