Tech news: EY and Microsoft partner in global initiative
Plus, Paychex announces WISE AI Platform; KPMG creates chief product officer role; and other accounting tech updates.
On the move: AAM names 2026 Marketer of the Year
Plus, GASB looks for a new board member; CohnReznick launches a public finance and sustainability practice; Tommye Barie gets the AICPA Gold Medal Award of Distinction; and other firm and personnel news.
Platform adds Mass. firm
The Top 50 firm acquired Burke & Associates CPAs under the new name Shoreline Advisors, expanding its presence in Massachusetts.
AICPA elects Jan Lewis as chair
A tax partner at BMSS Advisors is the new chair of the American Institute of CPAs and the Association of International Certified Professional Accountants.
Jan. 6 police officers sue to block Trump’s $1.8B fund
The lawsuit follows the announcement of the nearly $1.8 billion fund as part of an agreement to end Trump’s unprecedented $10 billion lawsuit against the IRS.
Why automation doesn’t fix broken finance processes
Many organizations are trying to scale automation on top of processes that were never designed for consistency or repeatability.
PwC, EY lay off executive assistants as AI accelerates
PwC, EY, KPMG and Deloitte have cut support staff in the last 12 months or so, along with Grant Thornton and law firms Baker McKenzie and Clifford Chance.
KPMG enters alliance with Anthropic
The alliance with Anthropic will embed Claude Cowork into KPMG’s global client delivery platform, beginning with tax and legal clients.
Intuit to lay off 17% of workforce
Intuit chairman and CEO Sasan Goodarzi announced the layoffs in a company-wide message.
SEC semiannual reporting option stirs friction
The Securities and Exchange Commission’s proposal for a semiannual reporting option has quickly provoked debate.