Building a QMS for a small firm
It's not too late to build your accounting firm's quality management system, and it doesn't have to be overwhelming.

Generalist AI model accuracy tops out at 77% for accounting
AI-focused accounting ERP provider DualEntry tested some of the most popular AI models on various accounting workflows and found that, at best, they're 77.3% accurate.

IIA recommends SOX update
The Institute of Internal Auditors is calling on Congress to "modernize" the Sarbanes-Oxley Act of 2002 by adding provisions related to internal auditing.

EisnerAmper adds Price, Reuben, and Associates
Price, Reuben, and Associates, an advisory firm based in Calabasas, California, will join the Top 25 Firm's restaurant advisory practice.

From pyramid to hourglass: The new architecture of the CPA firm
AI is rewriting the org chart of the modern CPA firm.

Xero aims to make AI core to platform functionality
While Xero has spent years adding AI features, this is the year it intends to spread the technology throughout the core of its product.

PCC shares annual report
The report highlights the PCC's accomplishments and activities from the year, its agenda priorities, stakeholder engagement and strategy moving forward.

Mystery shoppers find widespread problems at tax preparers
Undercover investigators found pervasive incompetence, fraud and significant errors among a sample group of non-credentialed tax preparers in half a dozen states.

Rhode Island, Louisiana introduce alternative pathways bills
The bills would remove the 150 credit-hour requirement and replace it wth three new pathways.

IRS navigates tax season amid staffing cuts
The IRS managed to get through last filing season despite extensive budget and staffing cuts, according to a GAO report, but is facing tax changes this year.