The AICPA Professional Ethics Executive Committee (PEEC) approved revisions to the “Tax Services” interpretation (ET sec. 1.295.160) of the AICPA Code of Professional Conduct, completing a multiyear project to strengthen and clarify independence requirements when members provide tax advisory and tax planning services to attest clients. The revised interpretation, adopted in May, maintains a principles-based…
When U.S. allies like Canada and France grumble about overuse of the U.S. dollar, and as Washington’s rivals like Iran start trading in cryptocurrencies and the Chinese yuan, it can be easy to argue that the world is edging away from the greenback. The U.S. dollar’s share of global foreign exchange reserves has fallen from…
AI-focused accounting consultancy Edgefield Group announced the launch of a subscription AI Learning Hub as well as its first slate of public-enrollment AI training courses, both based on the best practices the company teaches to its CPA firm clients. Processing Content The AI Learning Hub — currently available under Edgefield’s Insider Edge program — is…
UBS says its top theme right now is that leadership for artificial-intelligence stocks is returning, and earnings season may prove how investors have been too pessimistic.
LIZZIE O’LEARY: From PwC’s management publication strategy and business, this is Take on Tomorrow, the podcast that brings together experts from around the globe to figure out what business could and should be doing to tackle some of the biggest issues facing the world. I’m Lizzie O’Leary. A podcaster and journalist… FEMI OKE: …and I’m…
Russia and Ukraine stepped up their battle over the Black Sea and key trade routes on Wednesday, with Moscow killing three people in an attack on the Ukrainian port city of Odesa and Kyiv’s drone forces striking Russian shipping. Odesa region Governor Oleh Kiper said that a “massive” Russian drone and missile attack on the…
“I’ve just been ignoring their attempts.”
Next stop: Hartford, Connecticut. The 2026 U.S. Classic competition caps the final stretch ahead of August’s U.S. Championships, and many of the nation’s top female gymnasts will take the stage from July 17-18 to vie for medals, gain competitive experience and qualify for nationals. With the 2028 LA Olympics just two years away, this year’s…
Top 50 Firm Platform Accounting Group acquired The Hultquist Firm in Greenville, South Carolina, which will join as Milestone Advisors. Processing Content Milestone is a tax, accounting and advisory firm servicing individuals and small to mid-sized businesses. The deal is Platform’s first acquisition in South Carolina and expands its reach in the Southern U.S. “We…
Craig Hanrahan Everest Group Ltd., headquartered in Hamilton, Bermuda, appointed Craig Hanrahan as Global Distribution & Chief Commercial Officer, effective August 1, 2026. He will continue to report directly to Jim Williamson, Everest president and CEO, serving as a member of the company’s executive leadership team. Hanrahan will lead Everest’s global distribution strategy and key…