Technology

No area of the firm’s strategy has been more impacted than information technology, especially with the advent of generative AI (i.e. ChatGPT, Bard, LLaMA, etc.) which is having a significant impact on our businesses and personal lives. 

Over two days and 14 one-hour sessions, the profession's top thought leaders served on panel discussions of a variety of subject areas related to tax, accounting, practice management and ethics.

The rapid emergence of GenAI-enabled solutions was front and center for CPA.com president and CEO Erik Asgeirsson who believes the technology “presents enormous opportunities for the accounting and finance profession."

Powered by Microsoft Azure OpenAI Service, the new tool is embedded within Microsoft Teams for employee use.

IRS Criminal Investigation special agents have seen an uptick in a specific type of scheme that couples cryptocurrency with romance.

Technologists Randy Johnston and Brian Tankersley, CPA, discuss TeamMate Document Linker for External Audit, a solution designed for CPAs, saving junior auditors time, strengthening audit quality, and improving auditor satisfaction.

As part of the sweeping settlement with the U.S., Changpeng Zhao will pay a $50 million fine and step down as CEO of Binance.

With a nationwide shortage of accountants, a notable increase in CPAs exiting the field, and the retirement of baby boomer accountants, many firms find it challenging to manage their growing workloads.