Jul 6, 2026
Australia Just Proposed Breaking Up the Big Four Firms
Australia's Treasury proposed splitting Big Four audit and consulting arms after a KPMG scandal. Here's what US audit firms and committees should watch.

Accounting Desk
Top StoryAI adoption in accounting tripled in two years — from 8% in 2024 to 40% in 2026. The 2026 Thomson Reuters report shows the firms pulling ahead have one thing in common: a real strategy. The ones without a policy are falling further behind.
Coverage for firms, tax teams, and finance leaders tracking how AI changes accounting work.
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Jul 6, 2026
Australia's Treasury proposed splitting Big Four audit and consulting arms after a KPMG scandal. Here's what US audit firms and committees should watch.
Jul 1, 2026
Five AI tools showing up in CPA conversations this week. What each does, why it matters for your practice, and the one verification question to ask before trialing it.
Jul 1, 2026
Six purpose-built accounting AI companies raised $552M in the first half of 2026, backed by Goldman Sachs, Accel, Lightspeed and General Catalyst. Here's what each VC bet on and what it means for CPA firm vendor evaluations.

Jun 29, 2026
Deloitte deployed a unified agentic intelligence network inside Omnia to 85,000 auditors. Mid-size firms competing for the same clients now face measurable competitive pressure. Map your three highest time-cost workflows and evaluate tools like Suralink that close the gap.

Jun 29, 2026
The SEC will not issue prescriptive new rules for AI in financial reporting. Existing COSO and ICFR frameworks apply now. CPAs must audit client AI use and document controls this quarter—before auditors start asking detailed questions.

Jun 25, 2026
OPR Alert 2026-19 clarifies that Circular 230 applies to AI use. Here are the four obligations you must meet and the documentation framework OPR will expect.

Jun 22, 2026
Private equity consolidates the top of the accounting market. AI automates the bottom. Small independent firms are caught in the middle. Here are three strategic paths forward in 2026.

Jun 19, 2026
EY deployed AI agents across 130,000 auditors in April 2026 and cut audit Staff 1s in June. Here is what the combination means for mid-size audit firms still hiring for the old model.

Jun 18, 2026
Suralink launched a comprehensive agentic AI platform with Claude and Copilot integrations on June 3, 2026, completing three product launches in 90 days that now cover the full audit lifecycle. Here is what firms need in place before enabling the agents.

Jun 17, 2026
KPMG's October 2025 AI report contained 40 fabricated citations out of 45 analyzed. Most accounting firms lack verification workflows before shipping AI-drafted client work.

Jun 17, 2026
A Blue J / CPA.com survey of 1,000 tax professionals found near-universal AI time savings and 69% planning billing model changes but almost none have built a new model yet.

Jun 9, 2026
Brokers can't report cost basis for crypto transferred between exchanges. The IRS flags every mismatch. Here's what CPAs should do before clients call.

Jun 3, 2026
Ramp Stack learns your firm's close process once, then runs it every month across all clients. 92 of the top 100 CPA firms use Ramp. What to check first.

Jun 2, 2026
KPMG set a 75% AI usage target. Employees hit it by asking the AI what the weather was. Only 42% of organizations can audit their AI decisions. Here's how to measure adoption that actually sticks.
May 29, 2026
A critical gap between AI adoption and assurance readiness is creating material audit risk. 75% of companies use AI in finance, but only 42% can audit their AI decisions. Here's what finance leaders need to fix before your next external audit.
May 29, 2026
Brokers are reporting 1099-DA forms with zero or incorrect cost basis for transferred crypto. CPAs who reconcile now will save clients from audit exposure and overstated tax bills. Here's the three-step reconciliation process before filing season.

May 28, 2026
Small accounting firms need a path from AI experimentation to repeatable workflows. This five-stage maturity model shows exactly when to standardize tools, embed AI into processes, and measure ROI.

May 27, 2026
PCAOB audit documentation rules tighten the assembly clock to 14 days. Firms should move review before report release and test schedules before December.

Jul 14, 2026
One year after AI 2027, the business predictions on accounting agents and entry-level hiring arrived early. The frontier predictions are running late.

Jul 9, 2026
AI now builds finance dashboards from a plain-English request. That makes the semantic layer underneath, where each metric is defined, the thing that decides whether the number is right, and it is the part most teams never maintain.

Jul 8, 2026
About 37% of AI's time savings goes back into checking its work. Here is how finance teams tier review by consequence so verification does not cancel the gain.

Jun 26, 2026
Section 530A savings accounts open for contributions on July 4, 2026. CPAs have one week to call young-family clients, walk them through the $1,000 federal deposit and set up a contribution tracking structure that pays off for 18 years.