
Jun 9, 2026
Crypto Brokers Filed Wrong Cost Basis. IRS Notices Are Going Out.
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.

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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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 launched June 3 as an AI operating system for accounting firms that automates the monthly close. Unlike ChatGPT or Copilot, Stack was tested on 200+ accounting tasks by working accountants and makes every decision reviewable and auditable.

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.

May 27, 2026
KPMG's Claude deployment changes the AI baseline for CPA firms. Small firms need a service statement, focused workflow pilots and human review rules now.
May 26, 2026
The financials you prepare today determine the offers you get this quarter. Here is what investors and lenders are actually examining - and why late May is the right time to get your books ready.

May 21, 2026
FASB issued new rules for environmental credits and obligations. CPAs should identify affected clients, records, logs and effective dates before year-end.

May 21, 2026
Intuit is cutting jobs and replacing ProAdvisor with ProPartner. CPA firms should check certification, pricing, client subscriptions and vendor risk now.

May 20, 2026
The GAO found the IRS has 126 AI applications but lacks the workforce to manage them. AI audit selection is happening now, and the IRS is understaffed to oversee it.

May 20, 2026
A practical boundary for what accounting staff should never paste into unapproved AI tools. Seven categories of client, tax, payroll, bank, contract and workpaper data that need gatekeeping.

May 19, 2026
Most accounting firms already have AI exposure. The next leadership task is practical governance: data boundaries, review standards and safer workflows.
May 19, 2026
Tellen QM and QC 1000 show why CPA firms should treat AI audit quality management as firm infrastructure, not another productivity tool before busy season.
May 18, 2026
Bookkeeping keeps your records clean. A fractional CFO turns those records into cash flow, margin, hiring, pricing and growth decisions you can act on.
May 15, 2026
XeroForce is Xero's invite-only AI agent builder. Accountants should test internal workflows first and keep client-facing automation under manager review.
May 15, 2026
AICPA audit confirmation standard updates change cash confirmations, negative confirmations and electronic evidence. Small firms need a procedure review.

Jun 11, 2026
PwC data shows 74% of AI's economic value goes to just 20% of companies. The top 1% spend $7,500/employee/month on AI. The median company spends $11. That 681x gap is already producing a 7.2x value gap. A 3-question diagnostic tells you which tier your clients sit in.

Jun 9, 2026
A Gartner survey of 183 CFOs found 84% have adopted AI in finance. Only 7% report high impact. Here's what's causing the 77-point gap and what to fix first.

Jun 8, 2026
Anthropic's IPO signals the end of subsidized AI pricing. Accounting firms built workflows on current costs. Here's what you should do before renewals hit.

May 29, 2026
Three major AI models released in May 2026 are fast and cheap enough for small teams to use immediately. Here's what to test this week.