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News
Thomson Reuters develops independent AI frontier model 'Thomson' in push for 'AI sovereignty"
2+ week, 3+ day ago (413+ words) Thomson Reuters announced the launch of its independently developed AI frontier model Thomson, which the company plans to deploy throughout its legal and tax portfolio over time, starting with Tabular Analysis inside CoCounsel Legal, where it now provides high-volume document…...
Secrets of the Fastest-Growing Firms
1+ week, 4+ day ago (214+ words) Just as success has many fathers, it has many secrets, too — and what's important for one organization may not matter as much to another. But in polling the leaders of this year's Fastest-Growing Accounting Firms, while they had a wide…...
Remarks at the Investor Advisory Committee Meeting
2+ day, 20+ hour ago (571+ words) Before I continue, I must note the customary disclaimer that the views I express here today are my own as Chairman and do not necessarily reflect those of the SEC as an institution or of my fellow Commissioners. To begin,…...
M&A roundup: Hot start to September
1+ week, 4+ day ago (145+ words) CRI added Morrison & Smith; Ascend acquired GreerWalker; Nichols Cauley added LaRocco; Accuity acquired KKDLY; Grimes added Stevens and Ciccone; BGM acquired John T. Chipman; and WPWealth added Optimus Capital Advisors. Acquisitions by Carr, Riggs & Ingram, Ascend, Nichols Cauley and more. Employees…...
September Fed decision is now a coin flip as rate hike odds increase post Warsh
2+ week, 1+ day ago (329+ words) Kevin Warsh's keynote speech at the central bank's annual symposium in Jackson Hole, Wyo. has altered investors' outlook for an interest rate hike in September after the Fed chairman said he was committed to fighting inflation. Traders on prediction market…...
Lame Duck: Remarks at the Meeting of the SEC Investor Advisory Committee
2+ day, 20+ hour ago (213+ words) Thank you, George [Georgiev]. Good morning and welcome to the Committee members and today’s panelists. Thank you for your participation in the meeting. Thank you also to Marc Sharma, Adam Moore, Charles Kwon, and Adam Anicich for their tireless work…...
False info, real problems: The human in the AI loop
1+ week, 3+ 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…...
What offshoring vendors don't want you to know
1+ week, 1+ 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…...
On the move: RKL installs new CEO
1+ week, 1+ day ago (148+ words) chief growth officer; and other firm and personnel news from across the profession. Special Tax Shelter...
Meet the 2026 Best Midsized and Large Firms to Work For
2+ day, 11+ hour ago (133+ words) You can see the full 2026 report and our Small Firm lists on AccountingToday.com. An introduction to the midsized and large members of Accounting Today's annual ranking of the top workplaces in the profession. A federal appeals court upheld a…...