Category: NYT Accounting News

Only 24% of organizations maintain CPA-only requirements, while the rest are automating, broadening to nontraditional backgrounds or sourcing talent externally.

The International Auditing and Assurance Standards Board introduced an interactive digital version of its Technology Catalog for its stakeholders.

As artificial intelligence changes how companies compete, accountants may increasingly confront an unusual valuation problem

Plus, Lanigan Ryan and Blue & Co. name new leaders; Georgia accountants fight hunger; and other firm and personnel news from across the profession.

Chris Puglia, recently appointed Deloitte Tax’s very first chief product officer, said he aims to bring a product mindset to the Big Four firm’s service delivery model with an eye towards driving further commercialization.

Much of the repetitive work that ties up middle managers — data entry, bookkeeping, trial balances, and tax return preparation — is already being done offshore.

Ernst & Young global revenues increased 4.7% to $57 billion in fiscal year 2026, with each of EY’s service lines and geographic areas posting revenue increases.

Firms focused solely on short-term financial performance may achieve early success, but sustainable growth requires more than profitability.

Plus, IAASB releases digital technology catalog; SAP rolls out new AI agents, payments solution; and other accounting tech news and updates.

Gusto deepened its presence in the practice management space with updates to Gusto Pro for accountants, plus an expanded partner program with funding for marketing and business development.