Mergers and Acquisitions August 5, 2025
Prosperity Partners Acquires Pipaya in Virginia
Private equity-backed tax and accounting firm Prosperity Partners said Tuesday it has added Vienna, VA-based transaction services firm Pipaya.
Mergers and Acquisitions August 5, 2025
Calvetti Ferguson Acquires Randy Walker & Co. in Texas
Calvetti Ferguson has added San Antonio, TX-based Randy Walker & Co., a move that adds specialized nonprofit audit services and depth to the top 200 accounting firm's existing San Antonio team.
Accounting August 5, 2025
FASB Releases 2025 Investor Outreach Report
Staff from the Financial Accounting Standards Board engaged in more than 400 investor interactions over the year that ended June 30, 2025, according to FASB's latest Investor Outreach Report.
Small Business August 5, 2025
Thryv Launches Payroll Solution for SMBs
The small business marketing and sales platform has introduced Thryv Workforce Center, a solution that manages payroll and automated tax calculations for businesses directly within their existing Thryv account.
Accounting July 30, 2025
FASB OKs New Credit Losses Guidance for Accounts Receivable, Contract Assets
The Financial Accounting Standards Board issued new optional guidance on July 30 regarding the measurement of credit losses for accounts receivable and contract assets.
Accounting July 30, 2025
Indiana Accountant Sentenced to Three Years for Illegal Tax Shelter Scheme
Jason Crace, CPA, was sentenced to three years in prison on July 21 for preparing false tax returns for clients who participated in an illegal tax shelter.
Small Business July 30, 2025
Lili Unveils BusinessBuild Program to Help Small Businesses Build Their Credit Profile
Lili announced on July 30 the launch of the Lili BusinessBuild Program, a credit-building solution that helps entrepreneurs build and monitor their business credit profile directly from their Lili account.
Technology July 29, 2025
Smart Clerk Releases AI Bookkeeping Tool for SMBs
AI-enabled software provider Smart Clerk on July 29 launched its AI-powered bookkeeping tool designed to simplify accounting for small and medium-sized businesses.
Accounting July 29, 2025
Ex-Chicago Construction Company Accountant to Serve 26 Months in Prison for Embezzlement
Richard Mandarino, 46, of Scarborough, Ontario, who pleaded guilty last year to a federal wire fraud charge, was sentenced to two years and two months in federal prison and ordered to pay more than $1.8 million in restitution to his victims.
Mergers and Acquisitions July 29, 2025
Doeren Mayhew Merges with Atlanta-Area Firm AGL CPA Group
The private equity-backed top 60 firm has expanded into the Atlanta market by combining with AGL CPA Group, a Duluth, GA-based CPA and advisory firm, effective July 16.
Technology July 29, 2025
UHY Partners with Secure AIs to Expand Technology Compliance Offerings
UHY on Tuesday announced a new partnership with AI governance and security platform Secure AIs, which will enable the top 30 firm to expand its technology compliance offerings for clients.
Accounting July 29, 2025
Navan is Now Part of the American Express Sync Commercial Partner Program
Navan announced a new integration with American Express that enables American Express U.S. Business and Corporate Card members to instantly create unique virtual cards for travel booked on the Navan Travel platform via Navan Connect.
Contributors
Amy Vetter
CPA, CITP, CGMA
Becky Livingston
Accounting & AI Marketing Consultant
Brian Tankersley
CPA, CITP, CGMA
Garrett Wagner
CPA, CITP, CEO and Founder of C3 Evolution Group
Jim Boomer
CPA, CITP, CEO
Ken Berry, JD
CPA Practice Advisor Tax Correspondent
Kristy Short, Ed.D.
Accounting Content Specialist
Mary Girsch-Bock
Contributing Writer
Randy Johnston
MCS, MCP
Roman Kepczyk
CPA, CITP, CGMA
