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News
False info, real problems: Can accountants tame AI hallucinations?
1+ week, 4+ day ago (693+ words) What becomes clear then is this problem will be with us for some time, so high-profile incidents such...But, she said, it's a very understandable one. "LLM's are incredibly convincing...."You trusted an output that came from an AI process…...
Time to Transfer: Statement on Proposed Transfer Agent Rules
1+ week, 5+ day ago (555+ words) Peirce Official websites use.gov Secure.gov websites use HTTPS More in this Section Time to Transfer...The transfer agent proposal has been rattling around the Commission corridors for a long time....
False info, real problems: The human in the AI loop
1+ week, 4+ day ago (1104+ words) In our first article, we explored how AI-generated false information, also known as hallucinations, have increasingly been making their way into firm work products. Here we explore how some firms control specifically for this risk. Accountants tend to view hallucination…...
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...How does a firm owner know when it's time to make their first full-time hire?...this person can't be a leader or…...
Entrepreneur networking groups for practice leaders
3+ week, 6+ day ago (527+ words) Sometimes it can be very useful to look to peers outside the accounting profession....That confidence can really help you with pitches, presentations and everyday interactions with your team...stop matching yours because your firm has outgrown the average member's…...
What successful M&A looks like
2+ week, 6+ day ago (1162+ words) growth — particularly when compared to the slow slog of building up business organically — but it's really...cases triple-digit growth rates — but all would stress the need for a clear acquisition strategy, time-consuming...
Bill goes remote-first
1+ week, 3+ day ago (300+ words) manage the divide, we realized the better path was to build one team that works the same way, with real...programs for remote and for AI, at the same time, on purpose," she said....She added that customers also don't…...
The AI skills gap in accounting is structural, not technical
1+ week, 3+ day ago (408+ words) It's become infrastructure — the kind of investment finance leaders are now expected to justify with real...eroding, not because forecasting is new, but because continuous forecasting used to require a full-time...It's more specific: The real AI skills gap…...
Your clients' data belongs to your clients
3+ week, 4+ day ago (573+ words) I believe firms and their clients have the right to access their own data, in real time, without paying...standard: A business owner should be able to take their complete books out of any platform, at any time...
Remarks at the Investor Advisory Committee Meeting
3+ day, 19+ hour ago (459+ words) I appreciate the time and effort that each of you has put into preparing for today's meeting on artificial...Yet, as time passes, more and more Americans will not have first-hand recollections of that day: the...The terrorists sought to…...