Audit partners feel more optimistic about economy
Economic pessimism is on the wane among audit partners, though they're not feeling as confident as last year, according to a CAQ survey.

Firms using advanced tech seen as more valuable, trustworthy
Clients increasingly view the use of advanced technology as a differentiating factor when selecting their auditors, according to a new survey by BDO USA.

Doeren Mayhew acquires McMurray Fox and Novotny
The Top 50 Firm acquired two more firms in Tennessee and Michigan.

How boring work is eroding productivity in finance teams
Monotony may not sound like a business threat, but in finance, it's quietly eroding productivity from within.

Former IRS commissioners see challenges for agency
A group of former Internal Revenue Service leaders discussed the state of the IRS at an AICPA tax conference after a wave of departures and layoffs.

Despite AI investments, 88% rely on manual processes
Audit and advisory leaders are working to implement AI solutions, but major hurdles mean that most professionals remain largely dependent on manual processes.

Islamic finance body delays rule shift after investor warnings
The Accounting and Auditing Organization for Islamic Financial Institutions is holding talks with stakeholders on planned changes to rules for sukuk securities.

Human in the loop or human in the lead? Getting AI oversight right
AI now does what once took teams of analysts weeks to complete. Yet, as recent incidents have shown, technology only succeeds when matched with sound governance.

Booth's DFA gets green light for tax-busting Vanguard design
Quant firm Dimensional Fund Advisors has received formal approval to adopt a fund structure that for two decades has been used exclusively by Vanguard.

Chicago's 'job killer' corporate tax plan rejected by committee
Chicago Mayor Brandon Johnson's proposal to levy a $21-per-employee, per-month tax on companies was shot down by a city council committee on Monday.