AI won’t replace accountants—but accountants who use AI will replace those who don’t. The world keeps evolving. From how we ...

The coronavirus pandemic has led to numerous financial reporting challenges for CPAs that didn’t seem to have easy answers in U.S. GAAP. Although the foundational rules for U.S. financial reporting ...

Accounting firm leaders have long heard that artificial intelligence is an inevitable part of their distant future — that at some point, partners and employees must learn how to leverage AI to ...

Manufacturing accounting can make or break your business because it affects everything from profit and efficiency to big-picture decision-making. Without accurate accounting, your company can't track ...

Thanks to AI, the accounting profession is experiencing a significant shift. Researchers from Columbia University and elsewhere found that native AI agents within enterprise resource planning (ERP) ...

This article is the fourth in a series of pieces centered around what is and isn’t necessary for a company’s accounting (and finance) based on its stage. I see few companies get the necessary finance ...

The 2023 AICPA CGMA Virtual Teaching Symposium highlighted the importance of students’ sense of belonging and a future-focused curriculum in management accounting classes. Educators shared their ...

Learn what inventory accounting is, how it works, and key methods like FIFO, LIFO, and WAC. Includes real-world examples, tips, and best practices. I like to think of inventory accounting like ...

The most recent changes to the federal tax code certainly generated plenty of attention. But Steven Carstens — a partner at Shilson, Goldberg, Cheung & Associates, which is an accounting firm that ...

This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. In financial accounting — one of the most common types ...

Financial management is certainly an ordeal for any business, be it a massive corporation or a small company that is just starting out. To some extent, with practical knowledge and math skills it is ...

The American Institute of CPAs and state societies want to introduce high school students to the accounting profession, as ...