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Few understand, however, that AI is not only enhancing daily functions, but helping to shape and transform accounting careers — creating new opportunities with every practical application.

The digital asset compliance landscape is not going to get simpler. If anything, 2026 is the beginning of a sustained escalation in reporting requirements, IRS enforcement capability and the scrutiny applied to taxpayers who hold and transact in these assets.

Businesses that integrate AI directly into their solutions can reap the benefits of automation without having to comb through the vast amount of AI solutions on the market.

As the profession continues to innovate and expand, today's students have the chance not only to find their place within accounting but to help shape the future of the field itself.

Estate planning and industry-specific niches like life sciences continue to be popular in accounting practices, while others, such as digital assets, data analytics and cannabis are seeing growth as firms and individuals look to stand out in a crowded field.

A New Jersey Society of Certified Public Accountants’ (NJCPA) survey of nearly 300 members cited the top challenges for businesses in New Jersey as political strife, state and federal policies that are unfriendly to businesses and employee and benefit costs.

With increasing accounting enrollments, there are needs and opportunities for more adjunct faculty. But retired CPAs should be aware of the credential and experience required.