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News
84% of execs trust AI is accurate, but 26% also say errors have reached board or external audiences
30+ min 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....
Successfully navigating the dawn of AI
1+ day, 9+ hour ago (472+ words) As firms across the accounting profession experiment with artificial intelligence, John LaMancuso, CEO of K1X talks about what accountants are getting right — and wrong — with AI. Transcription (This transcript was prepared by artificial intelligence; in case of discrepancies, refer to the…...
On the move: A new board at NASBA
4+ day, 5+ hour ago (166+ words) The National Association of State Boards of Accountancy announces a new board slate; Johnson Lambert launched a new Financial & Operations Advisory practice; Kaufman Rossin named a new CIO; the Bonadio Group holds its annual Purpose Day; and other firm and…...
Navigating the unresolved terrain of crypto accounting
4+ day, 8+ hour ago (832+ words) The growing presence of crypto assets on corporate balance sheets is no longer experimental. It reflects a structural shift in how companies manage value and liquidity. Crypto assets do not clearly meet the definitions of cash, financial instruments or inventory…...
Bonadio adds credit risk management firm
6+ day, 5+ hour ago (215+ words) Top 50 Firm The Bonadio Group will acquire T. Gschwender & Associates, expanding the firm's ability to serve banks, credit unison and other financial institutions. TGA was founded in 1984 by Thomas Gschwender and is based in Syracuse, New York. The firm provides credit…...
Accounting Today names 2026 Best Firms to Work For
6+ day, 9+ hour ago (217+ words) Accounting Today and Best Companies Group have announced the members of the 2026 Best Accounting Firms to Work For list. The annual survey and awards program are designed to identify, recognize and honor the best employers in the accounting profession. The…...
Mauldin & Jenkins grows in South Carolina
1+ week, 1+ day ago (246+ words) Top 75 Firm Mauldin & Jenkins will acquire Schmoyer and Company in Columbia, South Carolina, effective Aug. 1, 2026. Schmoyer specializes in health care accounting, small-business advisory, bookkeeping, strategic tax planning and preparation, and adds three partners to the team. The deal strengthens Mauldin…...
NASBA board leadership changes after vice chair resigns
1+ week, 1+ day ago (284+ words) The National Association of State Boards of Accountancy announced changes to the leadership of its 2026–2027 board following the resignation of vice chair J. Coalter Baker, who stepped down to focus on his health. Baker owns his own CPA firm in…...
Frazier & Deeter acquires Gray, Gray & Gray
1+ week, 1+ day ago (272+ words) Top 50 Firm Frazier & Deeter acquired New England Regional Leader Gray, Gray & Gray. GGG, based in Canton, Massachusetts, reported $43 million in revenue, with 15 partners and over 150 employees. The deal expands FD's presence across the Greater Boston area. Based in Atlanta, FD…...
Rethinking reselling
1+ week, 1+ day ago (732+ words) Leading accounting reseller Alex Solomon of Net@Work talks about the current state of the market and the challenges and opportunities ahead. Transcription (This transcript was created by AI, and may contain errors; in case of discrepancies, refer to the…...