Firms reported a median growth rate of 16% over the previous year in their CAS practices, and they projected 15% growth in the current year, according to a survey released Tuesday by CPA.com and AICPA & CIMA, together as the Association of International Certified Professional Accountants.
https://www.journalofaccountancy.com/news/2022/dec/cas-practices-report-growth-optimism-future.html
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The pace of change in every aspect of the profession is such that it can be difficult to keep up, and the scope of those changes is so broad that it can be difficult to wrap your head around them. Accountants need a whole new set of rubrics to guide their thinking and to help them make sense of what's happening.
https://www.accountingtoday.com/list/7-eye-opening-ideas-for-digital-cpas
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Today’s Top 100 Most Influential People in Accounting, and Kalil Merhib was named “one to watch”.
https://www.accountingtoday.com/list/the-top-people-in-public-accounting-2022
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CAS practice functions differently than the traditional compliance-based practice and can't be built or managed the same way. That means CAS practice leaders may encounter challenges when trying to grow a successful practice within a traditional full-service firm.
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With all the talk of the profession's digital revolution, as well as the bevy of new service lines it can enable, one might be tempted to think that every single firm everywhere is either already on the cutting edge of technology or is actively working towards it. Despite this, however, there remain many firms that not only have not undergone this process, but don't wish to do so in the future.
https://www.accountingtoday.com/news/johnson-firms-are-increasingly-divided-over-tech-upgrades
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