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The AI Pecora Moment: who will conduct the examination?

Ferdinand Pecora did not wait for a regulatory framework to exist before he started asking questions. Processing Content In January 1933, Pecora became counsel to the Senate Banking Committee and was tasked with investigating the causes of the financial collapse. Instead of forming a working group or creating a framework,

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CAS delivers ‘the keys to the kingdom’

Jim Bourke speaking at the 2026 Firm Growth Forum Client accounting services isn’t just one of the most successful new practice areas an accounting firm can launch, says industry expert Jim Bourke: It can also turbo-charge a much wider advisory practice. Processing Content “CAS is a growth engine,” Bourke told

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Best Firms to Work For deadline is fast approaching

Staff at LevitZacks, a 2025 Best Firm to Work For The deadline for submissions for Accounting Today’s and Best Companies Group’s annual ranking of the Best Accounting Firms to Work For is fast approaching, with the final date for signing up being this Friday, May 29. Processing Content The list,

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What can we learn from CBIZ?

The accounting profession has spent the past few years debating whether private equity represents an opportunity or a threat. The market may now be offering an opinion — and it deserves more attention than it has received. Processing Content CBIZ’s stock has declined significantly from its 2025 highs, yet the

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Tax Fraud Blotter: Not so great

IRS impersonation; Lootland; conduit scheme; and other highlights of recent tax cases. Processing Content Atlantic Highlands, New Jersey: Joseph Manzi, the former director of finance, operations and development for the Church of Saint Leo the Great in Lincroft, New Jersey, has pleaded guilty to embezzling more than $1 million from

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KPMG enters alliance with Anthropic

Big Four firm KPMG announced an exclusive alliance with Anthropic to embed Claude Cowork into KPMG’s global client delivery platform, beginning with new capabilities for tax and legal clients. Processing Content “At KPMG, we’re innovating and redefining how work gets done,” said Bill Thomas, global chairman and CEO of KPMG

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House passes bill protecting taxpayer due process rights

The House unanimously passed legislation to strengthen taxpayer rights by making IRS collection proceedings more taxpayer-friendly, safeguard tax refunds from being unfairly taken by the IRS, and provide fair judicial review of tax liability claims. Processing Content The Taxpayer Due Process Enhancement Act (H.R. 6506), introduced by Rep. Nathaniel Moran,

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What makes a Best Firm for Technology?

A look inside what it takes to truly get the most out of your firm’s technology, based on the results of our annual Best Firms for Technology list, and with insights from Roman Kepczyk of Rightworks. Transcription: Transcripts are generated using a combination of speech recognition software and human transcribers,

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ASL adds California firm

Regional Leader Abbott, Stringham & Lynch acquired San Jose, California-based ArightCo.  Processing Content ArightCo provides finance, accounting and advisory solutions to businesses across the technology, software-as-a-service, IT, manufacturing and nonprofit sectors.  “We are thrilled to welcome the ArightCo team to ASL and to further enhance our client accounting services with

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AICPA suggests IRS guidance priorities

The American Institute of CPAs sent a list of nearly 200 recommendations to the Internal Revenue Service for the IRS’s 2026-2027 Priority Guidance Plan, including several matters related to the One Big Beautiful Bill Act such as the expanded cap on state and local tax deductions, as well as Trump

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