Ever since the AICPA released new quality management standards, firms have raced to implement them. But like a fitness tracker, the system itself is not the transformation.
Category: NYT Accounting News
Adams Brown acquires Kansas tech provider
Adams Brown Technology Specialists acquired Parsons, Kansas-based technology provider Higher Calling Technologies.
A little AI can go a long way
While it might be intimidating to hear about companies who’ve installed AI everywhere and use it for everything, as time has gone on leaders have learned that, for many everyday uses, a little can go a long way.
Trump to drop plans for $1.8B anti-weaponization fund
It’s unclear whether the move would affect a provision of the settlement between Trump and the IRS that barred it from pursuing any probes into his tax returns.
How to use equity compensation to boost RIA valuation and more
A presentation by Succession Resource Group shares the key pitfalls to avoid for RIAs seeking to create succession plans and recruit financial advisors.
IRS OK’ed shady e-file providers
The procedures need fixing after the IRS approved potentially ineligible tax professionals, including some with a criminal history or uncertain citizenship.
SEC moves to scrap Biden-era rule on climate risk disclosures
The Securities and Exchange Commission wants to formally kill rules that would have required public companies to report greenhouse gas emissions and risks.
IRS offers look-back interest calculator for contracts
The Excel-based calculator can help companies working on large, multiyear construction or manufacturing projects compute the interest for the contracts.
IRS ups HSA amounts for 2027
The Internal Revenue Service released the inflation-adjusted amounts for health savings accounts for 2027, increasing the limits from 2026.
On the move: Vokt to head BKR
Plus, Eide Bailly names a slate of managing directors; Baker Tilly principal to head AICPA Tax Executive Committee; PrimeGlobal reports double-digit growth in member revenue; and other news from across the profession.