Accountants tackle tariff increases after ‘Liberation Day’
President Trump’s imposition of steep tariffs on countries around the world is likely to drive demand for accounting experts and consultants.
Ramp releases tool to detect AI-generated receipts
Spend management solutions provider Ramp released a new solution in response to recent advances in AI image generation making it easy to create convincing fake receipts, a major fraud risk.
Don’t overlook estate planning as a financial advisory service
If you think true financial planning is all about investments and annual returns, think again.
IRS plans to bring back fired probationary employees
The Internal Revenue Service reportedly intends to reinstate thousands of probationary employees who were fired after two courts ordered it to do so.
Tariffs put Fed in tough spot, raise growth and price fears
An aggressive suite of tariffs from President Trump will complicate the Federal Reserve’s job as it struggles to quash inflation and avoid an economic downturn.
Continuous auditing: A new era or a challenge to tradition?
Should auditors be involved in real-time financial monitoring? The potential is huge, but so are the challenges that come with it.
Big Four lose share of SEC audits
The 10 firms with the most public company audit clients accounted for 65% of the total market, down from 70% in 2023.
Tax Strategy: Updates on the Clean Vehicle Tax Credit
The requirements for the Clean Vehicle Credit seemed a little complicated when they were introduced, and they are proving to be a little difficult in practice.
Continuous auditing: A new era or a challenge to tradition?
Should auditors be involved in real-time financial monitoring? The potential is huge, but so are the challenges that come with it.
Senate unveils plan to fast-track tax cuts, debt ceiling hike
The Senate plan will allow for a $4 trillion extension of Trump’s tax cuts and an additional $1.5 trillion in further levy reductions.