AI Does Two Years of Bookkeeping in Four Hours. So Why Are Fees Going Up?
I just did two years of bookkeeping in four hours. Tax prep work is being automated, too. Meanwhile, CPA firms are raising fees by 8% a year. Something doesn't add up.
The Private Equity Accounting Bet Is Starting to Look Shaky
CBIZ's stock is down 51% over the past year. The market is sending a signal. And if you've been watching private equity's push into accounting, you should pay attention to it.