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Deepfake Fraud: The Escalating Threat Facing CPAs and Finance Professionals
A recent high-profile case, reported by the Journal of Accountancy, has sent shockwaves through the finance and accounting world: a finance professional was deceived into transferring $25 million after participating in a video call with AI-generated “colleagues.” This incident of deepfake fraud is not isolated. Over 25% of organizations have experienced deepfake attacks in the past year, and the frequency
5 Excel Improvements Microsoft Announced in 2025
Microsoft Excel has long been one of the most powerful tools for data analysis, calculation, and organization. As part of their continuous push to make Excel smarter, more efficient, and user-friendly, Microsoft has announced a range of Excel improvements in 2025. These updates will make the software even more intuitive, allowing users to accomplish complex tasks with ease and in
What You Need to Know About Hyperinflation and Global Financial Reporting
Hyperinflation poses significant challenges for multinational companies, particularly when it comes to accounting for foreign operations. Under both IFRS (International Financial Reporting Standards) and US GAAP (Generally Accepted Accounting Principles), the treatment of hyperinflationary economies differs, which can lead to complexities in financial reporting. Here’s what you need to know about navigating this complex landscape. 1. Identifying Hyperinflation: A Critical
How Supply Chain Trends Are Shaping the Future: Implications for Accounting and Finance Consulting
Since 2020, supply chains have been dramatically reshaped by a mix of pandemic disruptions, changing trade policies, and global challenges. As we move into 2025, these transformations continue to affect industries and the accounting and finance sectors. Here’s a look at five key supply chain trends and how they impact accounting and finance consulting jobs. 1. Tariffs and Retaliation: Supply