AI and automation tools are not the only types of technology transforming the accounting industry. Cloud computing is continuing to help firms scale and operate in a remote environment while data analytics tools are configuring and leveraging data points faster than ever before.

Financial planning, and specifically the evolving areas of financial wellness and well-being, require that CPAs and accountants remain diligent at growing as professionals in the field. Integrating subjective and objective metrics with a focus on well-being offers a more nuanced understanding of financial wellness.

M&A sell-side transactions require careful planning and a deep understanding of the legal issues involved. CPAs and tax professionals are in a unique position to help companies navigate these complexities, particularly when it comes to managing tax liabilities