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8K followers
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Cosmin Nicolaescu reposted thisCosmin Nicolaescu reposted thisTax, audit, advisory and practice management solutions provider Accrual announced the release of its agentic platform Arc, an AI harness that draws on data across multiple systems and learns from human activity to complete specialized multistep workflows. "Arc brings the rest of your firm's knowledge into Accrual," said co-founder and CEO Cosmin Nicolaescu. "Unlike Copilot, where you give it some documents and maybe it'll summarize them for you, you give Arc a long-running task and it'll ask some clarification questions and generate a plan. You can review it, approve it and then it executes."
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Cosmin Nicolaescu reposted thisCosmin Nicolaescu reposted thisNot all conferences are created equal. Some of them are just expensive networking with a keynote attached. The inaugural Accounting Today Forum East was not that. And I'm already looking forward to next year. That's how you know it was good. What made this one land differently is how it was built. Every session was grounded in real AT research from the fastest growing firms in the profession and translated into conversations you could actually do something with. For a firm like HBK CPAs & Consultants that's in a significant growth chapter right now, being in that room felt less like attending a conference and more like being exactly where we're supposed to be. Daniel Hood and the AT team built something special here. Dan has been covering this profession for nearly 30 years and it shows in how intentionally he curates a room. The conversations were sharp, the speakers were the real thing and the energy of a first of its kind event is honestly hard to replicate. I also got to spend time with peers, friends and some great new connections. The people in the room were as good as the sessions! The firms that are going to win the next decade are the ones that keep showing up to the rooms that matter. Grateful to have been in this one. Thank you Accounting Today. See you next year!
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Cosmin Nicolaescu reposted thisCosmin Nicolaescu reposted thisRead more on Arc in Accounting Today: Arc extends Accrual's platform across tax, audit, client accounting services and advisory. It works alongside Accrual's other dedicated workflow products to handle investigations, analyses and other assignments that span systems. Permissions, recorded actions and human review are built into the process; practitioners retain responsibility for final judgment and approval. "Arc brings the rest of your firm's knowledge into Accrual. Unlike Copilot, where you give it some documents and maybe it'll summarize them for you, you give Arc a long-running task and it'll ask some clarification questions and generate a plan. You can review it, approve it, and then it executes," explains Cosmin Nicolaescu, CEO and Co-Founder. https://lnkd.in/grkGzE89
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Cosmin Nicolaescu shared thisWe built “ARC” internally for Accrual earlier this year. Every candidate and new hire raved about what it’s capable of, across the board. Inevitably someone asked the obvious question: why wouldn’t we give this to our customers, purposefully built for firms? Seeing accountants use Arc in these last few weeks brought a sense of excitement and joy similarly to early prototypes of Accrual. We can’t wait to see how you put it to work, in ways we haven’t even thought of. Enjoy!Cosmin Nicolaescu shared thisEvery accounting firm has work that has no screen. The investigation that crosses three systems. The client question that requires digging through old correspondence. The analysis someone assembles by hand because no workflow was ever built for it. Meet Arc. Give Arc a substantive job. It gathers the context, develops a plan for approval, does the work, and brings back finished work for review. We built Arc first to run Accrual. Now we’re bringing it to accounting firms. Give Arc the work no one gives you credit for. Read more → https://lnkd.in/gSjuSUdR
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Cosmin Nicolaescu shared this100 weeks into building Accrual, our customers have shaped far more than the product. Their feedback led us to completely redesign the review experience. Their audit and quality teams helped us build around firms’ own methodologies. Those partnerships have shaped our standards, our priorities, and our understanding of what firms need from us. They’ve also reinforced a conviction: AI should make a firm’s expertise, judgment and client relationships more valuable. Helping firms put those strengths to work is the reason we’re building Accrual. Our new brand reflects that conviction. We wanted it to feel at home in accounting, grounded in expertise and trust, and ambitious about what firms can become. We kept our story focused on tax while we built the foundation. Now, with one platform across tax, audit and advisory, we can show more of the company we’ve been building. To our team: thank you for taking practitioners’ feedback seriously, being willing to rethink what we’d already built, and doing the detailed work to make it better. I’m humbled to build alongside each of you. To our early customers: thank you for trusting us with real client work and making time for us alongside your own deadlines. You’ve helped us understand what it takes to be a partner your firm can count on. There’s a lot of your work in these first 100 weeks, too 🙇♂️Cosmin Nicolaescu shared thisWe started Accrual in tax. We always believed that was the beginning. Today, Accrual is expanding across tax, audit, and advisory, with one intelligence platform built for the way accounting firms work. The opportunity ahead is bigger than doing the same work faster. AI can increase what a firm is capable of, putting more of its expertise, judgment, and relationships to work across every client engagement. We’ve been building for that future from the start. Today, you can see more of it. Explore the latest Accrual: accrual.com And stay tuned…there’s more to come on Arc.
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Cosmin Nicolaescu shared thisDelighted to spend time with many of my peers and talk about how we can make every day better for accounting firms. Kudos to Erik Asgeirsson, Vishal and the rest of the CPA.com team for bringing us together!Cosmin Nicolaescu shared thisTonight we kick off one of our most important events of the year — our annual CPA.com / AICPA Executive Roundtable! Over 40 tech companies and firm leaders will be convening for two days in our New York Headquarters. Many will be represented by their CEO founders. The level of investment and transformation has never been higher, and over the next year we will likely see more change than we have seen in the past 10 years. Nearly 30% of the companies will be first-time attendees. We will discuss how AI and these tech solutions are creating new capabilities to enable the shift to advisory and deliver higher value across all practice areas. Driving better client value and outcomes vs. just efficiency gains is an important north star for both firms and the tech community. It should be an electric few days! See the full list of companies attending in comments and below logo image. I look forward to hosting this meeting with AICPA CEO Mark Koziel CPA, CGMA. Thanks to Michael Cerami, Vishal Thakkar and Vendela Hale for bringing this all together.
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Cosmin Nicolaescu reposted thisCosmin Nicolaescu reposted thisAccrual Exchange brought together leaders from across the accounting profession to talk about AI, but the conversation became about something bigger: how we prepare the next generation to lead in a profession being reshaped by it. What it comes down to is clients aren't losing sleep over who completed which step in a workflow. They care about outcomes. They care about accountability. They care about having someone in their corner who understands their business and helps them move it forward. As AI takes on more of the manual execution, professionals can spend more time advising, helping clients make better decisions and strengthening relationships. We're not going to use AI to do less. We're going to use it to start at a higher point in the client relationship and do more. Thanks to Accrual, Siddarth Chandrasekaran and Cosmin Nicolaescu for the opportunity to be part of Accrual Exchange, and to Randy Crabtree, CPA, Jeffrey C. LeSage and Scott Manuel for a discussion that pushed the conversation beyond AI and into where accounting goes from here.
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Cosmin Nicolaescu reposted thisCosmin Nicolaescu reposted thisThis week, we hosted the first Accrual Exchange in New York, bringing together 100 leaders from across the accounting profession. Customers, partners, peers, investors, and reporters joined us for candid conversations about what firms are actually seeing as AI moves into practice, from quality and control to talent, workflows, and how the work itself is changing. There is a lot more from the day we want to share. For now, here's a sneak peek. Very grateful to everyone who made the time to join us (especially during busy season!)
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Cosmin Nicolaescu shared thisLast week, we completed our first M&A deal. This week, we checked off a few more firsts: ✅ Times Square billboard ✅ US Open ✅ Industry conference Building at the frontier of the biggest technology wave of our generation has been a thrill. The opportunity for AI in our industry is enormous, and weeks like this remind me how much the conversations, relationships, and time spent together still matter. More on these milestones, and a few surprises, next week.
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Cosmin Nicolaescu liked thisCosmin Nicolaescu liked thisI rarely post about conferences, but this is our superbowl. Mortgage companies, banks, credit unions and fintechs at the annual MBA (Mortgage Bankers Association) - we'd love to connect and discuss partnership and please message me if you'd like to come to our event.
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Cosmin Nicolaescu liked thisCosmin Nicolaescu liked thisSuper excited and honored to be speaking at the AICPA/CIMA Women’s Global Leadership Summit this year! Join me November 16-18 in San Diego to connect with an inspiring community of professionals & earn CPE. Sign up before Oct 2nd at https://lnkd.in/gb6HC7EZ for early bird pricing ($150 off). Let me know if you're attending...I'd love to connect! #WGLS2026 #PowerInPossibility #AICPACIMA
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Cosmin Nicolaescu liked thisCosmin Nicolaescu liked thisTax, audit, advisory and practice management solutions provider Accrual announced the release of its agentic platform Arc, an AI harness that draws on data across multiple systems and learns from human activity to complete specialized multistep workflows. "Arc brings the rest of your firm's knowledge into Accrual," said co-founder and CEO Cosmin Nicolaescu. "Unlike Copilot, where you give it some documents and maybe it'll summarize them for you, you give Arc a long-running task and it'll ask some clarification questions and generate a plan. You can review it, approve it and then it executes."
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Cosmin Nicolaescu liked thisCosmin Nicolaescu liked thisLast week, our Executive Director, Michael Horwitz, had the opportunity to participate in the inaugural Accounting Today FIRM GROWTH FORUM EAST, and presented the session, "Developing a Scalable and Executable Growth Strategy." This was a fantastic opportunity to exchange ideas, share best practices, and explore new approaches to growth within the accounting profession. Special thanks to Marcy Vanegas for the photos!
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Cosmin Nicolaescu reacted on thisCosmin Nicolaescu reacted on thisOne of my favorite things about working at Accrual is how much we care about the people we get to do this with. Our team, the firms and partners we work with, and the people we’re building for. A few weeks ago, I got to help bring the first Accrual Exchange to life. I’m very thankful to Cosmin Nicolaescu for saying yes to almost all of my ideas, and to Gladys Martinez for listening to a near daily version of, “Okay, in my dream world, here’s what we would do…” Somehow, a lot of those dream world ideas actually happened. And a very deserved thank you to Greg Lilley, who put so much into our new brand. I’m a sucker for good branding, and Exchange was the first time we really got to see everything he created come to life. I’m so glad I get to work on a brand this beautiful every day. It was easily one of my favorite things I’ve gotten to work on. Thank you to our team for helping make all of it happen, and to everyone who came and made the first Exchange what it was! And because I just can’t help myself, I’m already thinking about the next one.
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