6+ day, 22+ hour ago   (188+ words) Sooner or later a practitioner gets the call. A client's vendors, or the client's own customers, are receiving invoices and payment-change requests from an address inside the client's company, and nobody there sent them. The messages read correctly. They reference…...

1+ week, 2+ day ago   (266+ words) Confronted by a chronic talent shortage, fee compression and ever-increasing workloads, more U.S. accounting firms are turning to offshore talent. In earlier columns I've talked about the payoff from offshoring when it's done patiently and correctly. But there are some things…...

2+ week, 4+ day ago   (737+ words) An advisory firm owner told me something a few weeks ago that has been stuck in my mind ever since: "Kyle, most firms are aircraft carriers. They're too slow. We're more of a pirate ship." He was joking, mostly. It…...

1+ mon, 2+ day ago   (362+ words) Despite high confidence from leaders in AI outputs, more than a quarter of executives said internal audits have detected AI errors that reached external audiences or the board. "As a CAO, that statistic sets off alarms but it's not surprising....

1+ mon, 2+ week ago   (310+ words) Even if it's just to keep up with inflation, every accounting firm wants to grow its revenues from year to year — and most want to do much more than keep up with inflation. That can be difficult, though, in an…...

2+ mon, 5+ day ago   (283+ words) Top 25 Firm Ascend acquired Regional Leader Kreischer Miller in Horsham, Pennsylvania. Kreischer Miller is a full-service accounting and advisory firm serving clients in the Greater Philadelphia and Lehigh Valley areas. It is an Accounting Today Mid-Atlantic Regional Leader with $59.6 million…...

2+ mon, 1+ week ago   (360+ words) BEIJING — Alibaba-affiliate Ant Group is ramping up its move into humanoid robots. Ant has led a 500 million yuan ($73.58 million) funding round in humanoid robotics company Zeroth, the start-up announced Thursday. It's the 12th company in the sector that Ant has invested…...

2+ mon, 2+ week ago   (724+ words) The shortage of accounting talent has never been greater, but you don't want to rush your hiring decisions. CVs and traditional interviews are not the best way to screen candidates or reliable predictors of who will most likely succeed once…...

2+ mon, 2+ week ago   (152+ words) Each year, Accounting Today ranks the top 150 CPA financial planners by their assets under management — and by AUM, at least, it turns out that last year (like the three years before) was a great one. This year's 65 Billion-Dollar Firms are…...