Opinion News from Accounting Today

The One Big Beautiful Bill Act contains several provisions that could affect the future of nonprofit organizations.

AI is only as good as the input it receives. If you feed it vague, biased or incomplete information, you'll get vague, biased or incomplete results.

Substantial presence; not in the floor but in ourselves; confusion and complexity; and other highlights from our favorite tax bloggers.

Taxpayers who believed cryptocurrency offered privacy now face an environment where the IRS can access their data.

CFOs are likely to use internal audit to address key risks in their areas of responsibility, potentially excluding other areas of risk.

Issuers must meet regulatory requirements, including SEC filings and compliance with auditing standards set by the PCAOB.

There's wide consensus that AI will shape the future of the profession. But there's also uncertainty about what to do next, and even more so how to get there.

When people think of the public accounting profession, they often don't realize that what we do can have a monumental impact on people's lives.

The legislation currently moving through Congress could have dire tax implications for CPA firms that use global outsourcing.

Reducing K-1 penalties; another use for property taxes; 183 isn't always added up the same; and other highlights from our favorite tax bloggers.

The fourth industrial revolution isn't just changing what accounting and finance professionals do — it's revealing how fundamentally broken professional development has become.

SMBs represent a vital segment of the U.S. economy, and every dollar saved in taxes can be the decisive factor for survival, competitiveness and growth.

Zero-touch AR represents a fundamental reimagining of the receivables function.

The real story isn't about replacing auditors. It's about giving them back time, improving quality and enabling better judgment with fewer distractions.

The executive order aims to strengthen accountability over the spending of taxpayer funds through improved oversight and coordination of grantmaking.

Start viewing challenges or disruptions as a gateway to get better, stronger and more resilient. This mindset shift is exactly what accounting firms need today.

Evidence is almost entirely digital. At the same time, AI tools can fabricate near-perfect fakes. At what point does skepticism tip into forensics?

Balancing craters; SST risks and trade-offs; Employee Retention Credit enforcement surge; and other highlights from our favorite tax bloggers.

It's imperative that CFOs become fluent in artificial intelligence, understand how it can create value, and become comfortable with transforming how their departments operate.

Finance leaders have progressed beyond reactive reporting toward proactive decision-making, making master data quality a fundamental strategic advantage.