Accounting
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First-Party Fraud Costs $100 Billion Per Year
An Increase in Customer Theft is Increasing Restaurant Prices
IRS Shares Five New Warning Signs of Incorrect ERC Claims
‘Unpredictable’ Election Clouds Tax and Economic Policy View
Vena Releases Gen AI Assistant for FP&A Teams
Vena Copilot combines Vena’s FP&A expertise with Microsoft Azure OpenAI Service large language models, including GPT-4.
Experience, Learn and Earn Program Off to Quick Start, AICPA and NASBA Say
The pilot program has earned positive reviews so far from participants and the firms that employ them, the AICPA said.
KPMG U.S. CEO to Chair Center for Audit Quality’s Governing Board
Paul Knopp was elected to the role on April 1, succeeding Tim Ryan, senior partner of PwC in the U.S., as CAQ Governing Board chair.
Small Businesses Turn to Humans—Not AI—to Boost Productivity
For all the talk of AI increasing productivity, small companies are instead turning to talent to do the work, a Deloitte survey found.
LeaseCrunch Joins Aprio Firm Alliance Affiliate Relationship Program
Aprio Firm Alliance is a national accounting firm association designed by accountants for forward-thinking CPA firms.
AI is Making Life Easier for Financial Fraudsters
A new Treasury Department report warns of a gap in fraud prevention efforts between large and small financial firms.
Here Are the Eight Finalists in the ABC Tournament
Voting for the Elite Eight in the Accountant Bracket Challenge has begun and lasts until 10 a.m. EDT on April 5.
COVID Fraud Cases Have Totaled Nearly $9 Billion, IRS Crime Unit Says
Over the last four years, IRS-CI has investigated 1,644 tax and money laundering cases related to COVID fraud totaling $8.9 billion.