The evolution of accounting through agentic AI
Accounting Today
FEBRUARY 26, 2025
Agentic AI represents more than mere automation. It's a paradigm shift that elevates the role of accountants from transactional operators to strategic advisors.
Wed.Feb 26, 2025
82 
Introducing Xero Simple, a plan to support you with Making Tax Digital for Income Tax
Xero
FEBRUARY 26, 2025
The next phase of Making Tax Digital is coming. In April 2026, Making Tax Digital for Income Tax (MTD for IT) will be introduced, and its set to shake up the record keeping, reporting and tax requirements for self-employed people and landlords. For those earning more than 50,000 from self-employment and property, MTD becomes mandatory from April 2026 and it will eventually be extended to any small business or sole trader earning over 20,000 annually.
Join 237,000+
Insiders
Sign Up for our Newsletter
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Trending Sources
Tariff on Aluminum Expected to Pinch Craft Brewers, Cause Consumer Price Increase
CPA Practice
FEBRUARY 26, 2025
Beyond malt, hops, yeast and water, aluminum is a key ingredient in the manufacturing process, used to make the cans for most of the craft beer sold at retail.
Q&A with Diya Jolly: Analytics powered by Syft
Xero
FEBRUARY 26, 2025
Get ready to experience the next level of financial clarity in Xero with data insights that help you better visualize your business performance. Introducing Analytics powered by Syft, Xero’s new product that makes insights more accessible to small businesses and their advisors. We asked Diya Jolly, Xeros Chief Product and Technology Officer, to share the latest progress since Xero acquired Syft last year and what we can expect from Analytics powered by Syft.
Why Tech-Forward Tax and Accounting Firms Have the Inside Track to the Future
Speaker: Joe Wroblewski, Sales Engineer Manager
Automating time-consuming manual tasks can save your firm hundreds of hours–and thousands of dollars. But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession. You'll want to save your seat for this new webinar with industry expert Joe Wroblewski, where we'll explore how to: Maximize ROI with Cost-Effective Te
PCAOB ramps up enforcement as it faces possible shutdown
Accounting Today
FEBRUARY 26, 2025
The Public Company Accounting Oversight Board increased its enforcement activity in 2024 to its highest level since 2017, according to a new report.
Why Your People Leave: Creating a Culture That Makes Them Want to Stay
CPA Practice
FEBRUARY 26, 2025
Creating a firm where people choose to stay isn't about policies or perksit's about building an environment where work-life harmony thrives and professional growth feels limitless.
Signup to get articles personalized to your interests!
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
More Trending
PCAOB Cranked Up Enforcement Activity in 2024
CPA Practice
FEBRUARY 26, 2025
Total monetary penalties levied by the Public Company Accounting Oversight Board set a new record for the third consecutive year in 2024 as the number of enforcement actions reached levels not seen since 2017, according to a new report released on Feb. 26 by Cornerstone Research.
Maximizing Profitability with Job Costing
AccountingDepartment
FEBRUARY 26, 2025
Understanding exactly how much each job or project costs your business is essential for maximizing profitability. However, many business owners struggle to track costs accurately, leading to mispriced jobs and unexpected expenses later on. This is where job costing comes into play.
Cohn Reznick Gets Growth Investment from Apax Funds
CPA Practice
FEBRUARY 26, 2025
The firm holds a strong position in the competitive professional services market, offering a diverse range of services, maintaining industry-leading client satisfaction, and earning recognition as an employer of choice.
If the System Was Magic, What Would It Do?
Ryan Lazanis
FEBRUARY 26, 2025
There's always room to improve your client experience. In this episode, I share how this question by Jeff Bezos can help your firm. The post If the System Was Magic, What Would It Do? appeared first on Future Firm.
Live Demo - Supercharge your Month End Close
Advertisement
Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i
IRS Says Contractor Leaked 400,000 Tax Returns, Nearly 6 Times More Than Previously Reported
CPA Practice
FEBRUARY 26, 2025
The tax data was stolen and leaked to the media by Charles Littlejohn, a former government contractor who was convicted and sentenced last year to five years in prison.
Boomer's Blueprint: Why firms need an MTP
Accounting Today
FEBRUARY 26, 2025
A "massively transformative purpose" offers a shared vision it's a north star to align every firm member toward a shared goal that transcends traditional success metrics.
insightsoftware Launches AI Suite for CFO Office
CPA Practice
FEBRUARY 26, 2025
The company says the Lineos system features work together to simplify processes, enabling finance teams to shift focus from managing data to driving insights and delivering value.
PCAOB censures, bars partner for failing to cooperate
Accounting Today
FEBRUARY 26, 2025
The Public Company Accounting Oversight Board sanctioned Natalie Murphy, a former partner at Heaton & Company, for violating rules and standards.
Mid-Year Review: How to Ignite Employee Potential Through Meaningful Feedback
Advertiser: Paycor
Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.
Tesla Sales Fall 45 Percent in Europe, As Rival Electric Carmakers Surge
CPA Practice
FEBRUARY 26, 2025
Tesla Inc.s sales plunged 45% last month across Europe, where rival carmakers saw a surge in electric-vehicle demand.
Changes Coming for the R&D Tax Credit
Insightful Accountant
FEBRUARY 26, 2025
The Research Tax Credit form (Form 6765) has undergone significant changes, now requiring more detailed documentation of qualified research expenditures (QREs).
AICPA Submits Request for Updates, Request to Testify on Circular 230
CPA Practice
FEBRUARY 26, 2025
The AICPAs recommendations were submitted to clarify the proposed revisions to the Treasurys standards, as well as other rules that tax and valuation practitioners must follow.
Navigating family office reporting
Accounting Today
FEBRUARY 26, 2025
A diverse range of financial investments and assets adds another layer of complexity for accountants working with family offices.
Your Accounting Expertise Will Only Get You So Far: What Really Matters
Speaker: Victor C. Barnes, CPA, MBA
In the climb from contributor to leader, the rules quietly change. If you’re aiming for the summit, the air gets thinner—and what got you here won’t be enough to get you to the top (a concept first popularized by Marshall Goldsmith in his book What Got You Here Won’t Get You There ). What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level.
AICPA Offers Strong Support for Disaster Tax Relief Bills in House
CPA Practice
FEBRUARY 26, 2025
The Filing Relief for Natural Disasters Act would expedite the issuance of federal tax relief and provide the IRS with authority to grant tax relief once the governor of a state declares a disaster or state of emergency.
GASB posts report on fair value standard
Accounting Today
FEBRUARY 26, 2025
The Governmental Accounting Standards Board published a post-implementation review report on GASB Statement No. 72, Fair Value Measurement and Application.
Gusto Releases New Compliance Solution for Small Businesses
CPA Practice
FEBRUARY 26, 2025
The payroll solutions provider has introduced Gusto Compliance, a product designed to help small business owners know what steps they need to take to maintain compliance with common regulatory requirements.
Vertex Expands Global tax-compliance e-invoicing
Insightful Accountant
FEBRUARY 26, 2025
Vertex solution allows businesses to better automate e-invoicing, value-added tax, and cross-border compliance designed to meet evolving global regulations.
The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It
Speaker: Kim Beynon, CPA, CGMA, PMP
The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.
Karbon Practice Marketplace Offers Connection Point for Firms Seeking Acquisition with Buyers
CPA Practice
FEBRUARY 26, 2025
Any accounting firm looking to sell can list on the platform for a fee, while buyers must be fully implemented on Karbon's practice management system.
How to Intuit Enterprise Suite: More About Dimensionalization
Insightful Accountant
FEBRUARY 26, 2025
Murph takes you through the steps to 'Dimensionalize' your accounting using Intuit Enterprise Suite.
Vertex Expands e-Invoicing Capabilities to Streamline Compliance & Reporting
CPA Practice
FEBRUARY 26, 2025
Scalable solutions are essential to replace fragmented approaches, ensuring seamless compliance while automating the reconciliation between real-time e-invoice data with periodic VAT filings.
Insightsoftware announces AI solution Lineos
Accounting Today
FEBRUARY 26, 2025
insightsoftware [sic] announced the launch of its new AI-powered Lineos bot, integrated across its product suite to simplify workflows and provide data-driven insights.
Doing More With Less: The Modern Finance Miracle
Speaker: Mark Gilham, FCCA, CPP
Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.
AICPA Adds Rightworks Cloud and Security Program to Member Discount Program
CPA Practice
FEBRUARY 26, 2025
The collaboration provides AICPA members with exclusive discounts on Rightworks WISP and Total Security solutions, empowering firms and small businesses to stay ahead of security threats.
Krause To Serve As Acting IRS Commissioner
Insightful Accountant
FEBRUARY 26, 2025
Secretary of the Treasury Scott Bessent announced today that IRS Chief Operating Officer Melanie Krause will become acting IRS Commissioner following the retirement announcement of Doug ODonnell.
Expensify Opens Travel Management System to All Customers
CPA Practice
FEBRUARY 26, 2025
Expensify, Inc., a financial management app for expenses and corporate cards, has fully launched Expensify Travel, a new travel management tool that combines travel booking, policy enforcement, and real-time collaboration into a single, seamless experience. Expensify Travel is now available to all members via the web, mobile, and desktop apps. The tool enables members to.
How Long to Keep Business Records [+ Best Practices]
Patriot Software
FEBRUARY 26, 2025
Picture this: You own a small restaurant. One day, you receive an IRS noticeyoure being audited. Do you A) Panic or B) Calmly review your business records? If you know how long to keep business records (and which ones to keep), youll have the supporting documents needed to back up your tax return claims.
8 Pillars of Leadership Development
Advertiser: Paycor
Great leadership development is the key to sustainable business growth. Are you ready to design an effective program? HR can use Paycor’s framework to: Set achievable goals. Align employee and company needs. Support different learning styles. Empower the next generation of leaders. Invest in your company’s future with a strong leadership development program.
Let's personalize your content