Opinion News from Accounting Today

The accounting profession is facing a well-known challenge: Too few young professionals are entering and staying in the field.

With the latest AICPA quality management standard, SQMS 1, firms will have to take a more holistic approach to quality.

AI tools can generate receipts that are indistinguishable from authentic ones, complete with accurate logos, barcodes and subtotal math.

Delaware has long been known as one of the most business-friendly states, but for the past several years, companies have been moving for several reasons.

Using AI to teach accounting; CPAs and financial statements; TIGTA on joint returns; and other highlights from our favorite tax bloggers.

For firms that want to grow, attract talent, retain top clients or future-proof their operations, this middle tier represents a powerful sweet spot.

Tax advisors can play a significant role in alerting clients to the availability of various options and strategies for an unneeded life insurance death benefit.

While combing through the 2024 data, we found large numbers of candidate scores to be missing, and potentially classified to incorrect colleges or universities, or not reported at all.

With artificial intelligence, you can draw on the perspectives of top business leaders in real time on a wide range of subjects.

Accountants who advise private equity clients will want to be aware of what these mean for private equity sponsors and their portfolio companies.

Shutdowns and tax obligations; 529 money and the CPA exam; gig questions; and other highlights from our favorite tax bloggers.

Rebekah Olson of the Maryland Association of CPAs shares how the profession must work together to develop the next generation of accountants.

Why exfiltration prevention is now a compliance imperative for accounting firms

Accountants need to navigate the double-edged sword of artificial intelligence with smart payment platforms.

The next 10 years could be one of the best times in history to build a career in public accounting.

Teaching accounting to undergrads may be more rewarding — and easier — than you think.

The Internal Revenue Service is taking steps to make sure taxpayers and tax preparers can reflect OBBBA changes in 2025 tax returns.

Employee benefit planners need to be thinking about the OBBBA and other Trump administration initiatives.

Shutdowns and tax obligations; 529 money and the CPA exam; gig questions; and other highlights from our favorite tax bloggers.

Billable hours and staffing aren't a firm's biggest challenge — it's collecting and validating all the necessary information from their clients.