AI for CPAs: From Efficiency Tool to Decision Engine
Artificial intelligence is moving from a back‑office efficiency tool to a strategic decision engine for finance teams. A KPMG global survey shows 75% of senior finance leaders now use AI, up from 30% two years earlier, and 93% of U.S. companies plan to deploy or scale AI in finance within the next 18 months. Organizations leveraging AI in planning report higher decision‑making quality, speed, and forecast accuracy, while those using agentic AI enjoy a 32‑point advantage on core finance metrics. The shift toward "assurance‑ready" AI also promises far greater performance gains.
Facing Cost Pressures, CFOs Turn to AI and Automation
CFOs facing heightened cost pressures are increasingly turning to automation and technology upgrades, according to Deloitte’s Q1 2026 North American CFO Signals survey of 200 billion‑dollar firms. More than half (53%) named automation as the most proven lever for cost control,...
AICPA Comments on Assurance Standards for California Climate Law
The American Institute of CPAs (AICPA) and the California Society of CPAs submitted a joint comment supporting the California Air Resources Board’s (CARB) proposal to accept AICPA, IAASB, ISO and AccountAbility standards for assurance of Scope 1 and 2 greenhouse‑gas emissions under...
Executive Turnover Slows, but AI Strategy Remains Unclear
Executive turnover has slowed dramatically, falling to 19 % from 43 % a year ago, according to LHH’s *View From the C‑Suite* report. While longer tenures give firms the chance to leverage seasoned leaders, the report warns that experience must be used...
IRS Watchdog Cites Resource Limits, Duplication in Partnership Audits
The Treasury Inspector General for Tax Administration (TIGTA) reported that limited resources and duplicated review steps have crippled the IRS’s partnership audit initiatives. A soft‑letter campaign to 483 large partnerships generated few usable responses, and the Large Partnership Compliance program...
How Listening Is Shaping ‘Incredible’ Year for AICPA Chair Lexy Kessler
Lexy Kessler, AICPA chair, has leveraged a listening‑first approach to drive tangible change in the accounting profession. By leading the National Pipeline Advisory Group, she helped identify education cost and time as licensure barriers, prompting Ohio and over 25 states...