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Accounting firms increasingly embrace AI tools
Accounting firms in Virginia have quadrupled AI adoption to 41% in 2025, with plans to increase investments as they balance efficiency and data security.
Law, accounting sectors adapt to AI, regulatory changes
Virginia's law and accounting sectors are evolving with AI adoption, new noncompete laws, and CPA licensing changes to address workforce and regulatory challenges.
Professional Services 2023: GARY G. WALLACE
With more than three decades of finance experience, Wallace has served as managing partner of accounting firm Keiter since 2019. His duties include overseeing growth strategy and providing tax services to public and private industries. Keiter employs 170 people in Virginia and reported revenue of $39 million in fiscal year 2022. He previously served as […]
Falling short
In the accounting field, the books are out of balance. Demand for the profession’s services is rising, which is one for the assets column, but on the debit side of the ledger, the number of people willing and able to provide those services is dropping so alarmingly that some firms are being forced to turn […]
