Audit and tax firms have long understood that the traditional services for which they are being engaged (e.g., conducting an ...

Many corporate executives continually question and analyze their business practices to achieve their goals more effectively ...

Decentralized finance (DeFi) is an emerging peer-to-peer system for conducting financial activity on the blockchain without ...

The Accounting Talent Shortage. The primary statistical agency for the Department of Education, the National Center for Education Statistics (NCES), reported that undergraduate enrollment, regardless ...

Chief financial officers of not-for-profit organizations have always faced many challenges, some common to all corporate leaders, some unique to the sector. Today’s postpandemic environment has ...

Natural Language Processing. One key advantage of AI models is their ability to analyze unstructured data, such as text and images. Financial statements often contain textual information, such as ...

What the Fraud Diamond Adds. The Fraud Diamond was based on Wolfe’s experiences as a fraud investigator and his observation that, despite fraud being a “people problem,” the prevailing fraud model did ...

The Value of Business Data Analytics. Michael Parrinello, CPA, is a partner at the Bonadio Group, a mid-sized accounting firm with offices in New York, Texas, and Vermont that was named among the Top ...

Leverage. A firm’s staff-to-partner ratio (i.e., leverage) correlates closely with income per partner and therefore, profitability. Firms that have staff-to-partner ratios greater than 10:1 boast ...

The Current State of Accounting Education. Accounting education has been disrupted in material ways. Factors include material changes to the CPA exam content; new skill sets required to succeed in the ...

Pieces of the Puzzle. To foster consequential change, the authors believe that multiple pieces of the puzzle must be addressed simultaneously, the first of which begins with the messaging that ...

The survey consisted of specific questions tailored for each of the three groups. Some questions asked respondents to select only one option. For example, a question of this type directed to current ...