One of the most rewarding aspects of my role as President and CEO of The Institute of Internal Auditors is the opportunity to engage with practitioners around the world. Hearing directly from those on the front lines of the profession is fundamental to how we operate as a global association
Evan Goldberg, Oracle NetSuite co-founder, executive vice president Oracle NetSuite introduced a host of new features and capacities built around agentic AI covering both process automation and data-driven insights during its SuiteConnect event in New York today. Processing Content Evan Goldberg, founder and executive vice president of Oracle NetSuite, said
The Internal Revenue Service has made only limited progress so far on its goal of achieving “paperless processing,” scanning only a tiny fraction of paper-filed returns last tax season, according to a new report. Processing Content The report, released Tuesday by the Treasury Inspector General for Tax Administration, found that
The U.S. Tax Court issued a ruling saying that innovations in livestock production can qualify for the research and development tax credit, establishing new case law in an emerging field. Processing Content In the ruling, issued Feb. 3, the Tax Court held in the case, George v. Commissioner, that experimentation
Intuit is retiring QuickBooks Online Accountant and replacing it with Intuit Accountant Suite. The shift will happen gradually starting this summer until, in December, the product will be discontinued. Firms using QBOA will be switched to the free Core plan during this time. Intuit will not put accounts on the
Bookkeeping, tax and outsourced CFO services company Pilot announced the new Pilot AI Accountant, touted as a full virtual worker that can autonomously run the entire bookkeeping and financial reporting process end to end with zero need for human intervention. Processing Content “We’re talking full accrual basis bookkeeping,” said co-founder
The Public Company Accounting Oversight Board announced the appointment of members to its Investor Advisory Group, with terms through Dec. 31, 2027: James Andrus, David Edelson, Diana Glassman, Ken Goldman, Jason Nagler, Paul O’Brien, Sanford Rich, Gina Sanchez and Jen Sisson; with terms expiring Dec. 31, 2026: Alicia Damley and
Turkey hired Ernst & Young LLP to lead a multibillion-dollar privatization of two landmark Istanbul bridges and a string of highways, according to people familiar with the matter. Processing Content The London-based firm will advise the government on the sale of operating rights to the 15 July Martyrs and Fatih
A recent article in The Economic Times highlights a growing compensation trend in the U.S.: the “peanut butter–style” raise: thin, evenly spread increases designed to avoid hard conversations and internal friction. Everyone gets roughly the same bump, regardless of role, impact or performance. Processing Content On the surface, this approach feels fair.
In accounting and financial services, the ability to scale infrastructure efficiently isn’t just a technology concern, it’s a business imperative. Processing Content As firms expand client bases, onboard remote workers, and adopt hybrid work environments, the back-end systems supporting day-to-day operations must keep up. But for many, legacy virtual desktop