Artificial Intelligence
KPMG Integrates AI Into Its Global Audit Platform
KPMG has added generative AI into KPMG Clara, which the firm said will provide a better experience for its auditors and clients.
Jason Bramwell
Jason Bramwell is senior staff writer for CPA Practice Advisor. He has nearly 25 years of professional writing experience, the last nine covering the accounting profession. He most recently was a staff writer and editor at Going Concern, and he previously spent five years as a staff writer and editor at AccountingWEB. He can be reached by email at jbramwell@cpapracticeadvisor.com.
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Payroll
Over Three in Four Adults Want Overhaul to U.S. Social Security System, Survey Says
Americans—especially Gen Xers and Millennials—are becoming increasingly alarmed about the Social Security system's solvency.
Firm Management
Grant Thornton Adds 56 New PPMDs
The top seven accounting firm admitted 13 new partners and nine new principals and promoted 34 to managing directors.
Firm Management
Ex-EY Executive to Take Over as Global CEO for Law Firm Dentons
Kate Barton, who retired from EY in June after a 35-year career at the Big Four firm, will take over as global CEO of Dentons Nov. 10.
IRS
IRS Chief Receives NATP's Inaugural Vanguard Award
Danny Werfel received this first-ever award from the National Association of Tax Professionals during Taxposium 2024 in Orlando.
Technology
Armanino Integrates Generative AI Updates to Audit Ally
The firm has integrated GenAI into its SOC 2 assessment tool, streamlining client communication and task completion.
Firm Management
BGM Joins Forces With Minneapolis-Based M&A Firm SealedBid Marketing
The top 200 firm and SealedBid have referred clients to each other and had a collaborative relationship over the last 30 years.
Taxes
IRS Shares Five New Warning Signs of Incorrect ERC Claims
These red flags come from common issues that IRS compliance teams have seen while analyzing and processing ERC claims.
Taxes
IRS Boasts New and Improved Online Tools and Digital Services For Taxpayers
The agency provided an update July 25 on its Strategic Operating Plan, which sets out several priorities for the IRS to accomplish.
IRS
IRS Chief Not Too Worried About Fallout From Loper Bright Ruling
Danny Werfel said he's "fairly optimistic" the Supreme Court ruling won't deter future efforts to provide better taxpayer services.
Firm Management
What Is the Greatest Flaw of Accounting Firm Leaders?
Koltin Consulting Group CEO Allan Koltin talked about this flaw during his keynote speech on leadership at Bridging the Gap 2024.