News

Decades before Oscar Vives became a successful CPA whose specialty is advising clients on retirement income, he went to a store in Florida, excited to buy a video game priced at $49.99.

Accounting firms have a strong hiring outlook this year, with three-in-four of those that recruited new staffers in 2024 indicating plans to hire the same amount or more in 2025, according to a biennial American Institute of CPAs (AICPA) report on trends related to accounting graduation rates, the CPA Exam and hiring demand by accounting firms.

The desire to hire new accounting graduates remains strong among public accounting firms, and signs point to a possible turning of the tide when it comes to supply meeting demand, according to data from the AICPA’s biennial Trends report.

The majority of accountants are comfortable with technology taking over jobs previously done by people, according to a new report.

The accounting profession now lives in a world awash in software solutions, ranging from your typical everything-but-the-kitchen-sink suites to the best of breed in handling one very specific process, and everything in-between.

Wire transfer fraud, typically perpetrated via business email compromise, is a known risk to all types of businesses, including CPA firms. When a CPA firm handles client money, additional risk ensues.

Younger employees are moving through careers faster than other generations, and they face a scarcity of entry-level roles.

Younger employees are moving through careers faster than other generations, and they face a scarcity of entry-level roles.

An overwhelming majority of companies are spending more on information technology (IT) year over year, but many of those companies aren’t aware that they’re in the majority.

MyCTSavings is a state-sponsored retirement savings program, for employers with 5 or more full- and/or part-time employees that do not offer a retirement plan. When businesses enroll, their employees can save for retirement through payroll contributions into a Roth IRA. The program is free to businesses, and more than 50 payroll companies work with MyCTSavings to provide payroll integration with your existing payroll process.

Cyber incidents are continuing their upward trajectory in 2025, and in this environment, CPA firms are particularly vulnerable to an attack.

AccountingWEB research indicates that firms are divided on whether their software delivers value for money, with small practices experiencing a faster return on investment than their larger counterparts. Respondents also see internal software, such as practice management, in a more favourable light.

With a bit of time, training and technology, it’s possible to upgrade your engagement letters to create a more automated, better-connected way of working where firms get more value.

CFOs should push audit firms on technology, workforce quality and regulatory readiness, according to a new report from the representing body of Pennsylvania CPAs.

Pushing the right buttons — it’s an essential skill for leaders when the clock is ticking, whether you’re directing an accounting team or a football team.

Top 10 Firm BDO USA has announced that it is merging in Mississippi-based Top 100 Firm Horne LLP, in a deal that is expected to close Nov. 1.

The National Association of State Boards of Accountancy (NASBA) and the American Institute of CPAs (AICPA) today released for public comment an exposure draft of proposed changes to the Statement on Standards for Continuing Professional Education (CPE) Programs (Standards)

The 2025 Accounting Talent Index shows a profession under pressure, with the talent shortage continuing to threaten the future of firms.

The accounting profession is evolving faster than ever before, and firm leaders seek clarity on what they must do — not just what they can do — to build sustainable, future-ready organizations.

The American Institute of CPAs (AICPA) today released the results of its 2025 National Management of an Accounting Practice (MAP) Survey revealing that firms across the country are reporting strong revenue growth and continued increases in staff compensation at all levels.