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Pilot launches fully autonomous AI bookkeeper

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

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On the move: Koltin Consulting names first chief growth officer

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

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Turkey said to hire EY for landmark bridge privatization deal

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

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The rise of the ‘peanut butter raise’

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.

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Real-time automation helps firms tame infrastructure costs

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

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SEC names new PCAOB chair, board members

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

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Should public companies report twice a year?

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

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Shutdown threatens to hit IRS as Trump touts massive tax refunds

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

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Small firms: Stop trying to serve everyone

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

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IRS kicks off 2026 tax season

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

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