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
The Securities and Exchange Commission appointed a new chair and set of board members Friday to the Public Company Accounting Oversight Board. Processing Content It named Demetrios “Jim” Logothetis as chairman, and Mark Calabria, Kyle Hauptman and Steven Laughton as board members. PCAOB acting chair George Botic will continue as
The possibility of a major change in public company reporting — reducing quarterly reporting to semiannual reporting — is on the table, thanks to President Donald Trump, but what that would actually mean for the American capital markets remains unclear. Processing Content On Sept. 30, 2025, the Long-Term Stock Exchange
Taxpayers could face long waits for IRS responses to questions on a slew of complicated new tax changes this filing season, as odds of a partial government shutdown rose sharply in the wake of federal agents’ killing of a man in Minneapolis over the weekend. Processing Content Annual funding for
For many small accounting firms, growth advice often sounds the same: offer more services, attract more clients, expand your reach. But in today’s crowded and increasingly commoditized accounting market, that approach can quietly undermine profitability, clarity and long-term sustainability. Processing Content Instead, knowing exactly who you serve — and why
The Internal Revenue Service officially opened the 2026 tax-filing season Monday amid changes from the One Big Beautiful Bill Act, staffing and budget cuts at the agency, a snowstorm that paralyzed transportation across the country, and the threat of a possible government shutdown later this week. Processing Content The IRS
Capital One Financial Corp. agreed to acquire Brex, a financial-technology company that focuses on corporate expense management and accounting, for $5.15 billion. Processing Content The bank plans to buy closely held Brex for roughly 50% cash and 50% stock, McLean, Virginia-based Capital One announced in a statement Thursday, along with
Whitman Transition Advisors and C-Suite Impact announced a merger to create a consulting firm with a greater suite of services under the name Whitman Advisory. Processing Content Whitman Advisory offers M&A, succession planning, operational support and talent solutions to CPA firms, private equity firms and privately held businesses. Philip Whitman,
FlexTecs, a provider of recovery audit, contract compliance and payment accuracy software and solutions, announced a strategic investment from Cohere Capital, a Boston-based private equity firm focused on investing in differentiated technology and tech-enabled services companies. The existing leadership team will continue to lead the business, with strategic guidance and
The accounting profession is undergoing a dramatic transformation as artificial intelligence and intelligent process automation become central to daily operations. Processing Content While the promise of AI — greater efficiency, accuracy and cost savings — is well understood, the impact on accounting roles, staffing models and career paths is just