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News
The AI skills gap in accounting is structural, not technical
1+ week, 3+ day ago (408+ words) Since generative AI entered mainstream conversation, disruption has dominated the headlines. Will automation eliminate accounting jobs? Will finance teams get leaner, smaller and further removed from the strategic table? For many of us, AI has stopped being an isolated pilot…...
Hiring for small firms
3+ week, 6+ day ago (615+ words) A firm's first full-time employee is a major milestone — one that requires more thought and planning that you might expect, according to Rebecca Himango, the founder of illuminHR, who walks firms through building up the infrastructure they need to support…...
84% of execs trust AI is accurate, but 26% also say errors have reached board or external audiences
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....
Real-life ways small firms use AI
1+ mon, 1+ week ago (1371+ words) Learn how four practices with fewer than 10 employees deploy artificial intelligence to expand capacity, do faster research, and more....
Basis offers AI agents, love letters and an ode to accounting
1+ mon, 3+ week ago (556+ words) Basis, an AI agent platform for accountants that recently reached a $1.15 billion valuation, has debuted a website that provides a tribute to the accounting profession. "To our knowledge, we're the most deployed AI platform in accounting firms," said Harpe. "The…...
How financial tracking identifies property improvements
2+ mon, 5+ day ago (723+ words) For accountants who are advising real estate clients, market shifts and rising maintenance costs have made it more important than ever to identify property improvements that are genuinely high-impact. Judgment about property improvements used to be defined by personal biases…...
R&D credits and the computer rental rules time forgot
2+ mon, 1+ week ago (27+ words) Although computing has transformed radically in the past 45 years, the computer rental rules of Sec. 41 and regulations continue to reflect technology as it existed 1980s....
Fieldguide launches long-horizon agent for audit testing
3+ mon, 5+ day ago (239+ words) Audit and advisory solutions provider Fieldguide announced the launch of Field Orchestrator, touted as a long-horizon agent capable of completing substantive testing workflows. While the specific definition can vary, in general a long-horizon agent can be described as an AI…...
The AI Pecora Moment: who will conduct the examination?
3+ mon, 2+ week ago (653+ words) Pecora was a lawyer who thought like a forensic accountant. He understood that the most important disclosures are not the ones witnesses volunteer. They are the ones that emerge under sustained adversarial examination—when the comfortable narrative runs out of…...
Best Firms to Work For deadline is fast approaching
3+ mon, 3+ week ago (270+ words) The list, which ranks the best workplaces in the accounting profession across the country and is now in its 19th year, will be released later in 2026, with the annual report appearing in the September issue of Accounting Today. Members of the…...