Mergers and Acquisitions January 8, 2025
HBK Acquires Acuity Human Resources
The Canfield, OH-based top 50 accounting firm has acquired Acuity Human Resources, a Cranberry Township, PA-based provider of human resources consulting services.
Auditing January 7, 2025
PCAOB Doled Out a Record $37.4 Million in Fines in 2024
The blockbuster fine of 2024 was the $25 million penalty the PCAOB gave KPMG in the Netherlands last April for systemic internal exam cheating over a five-year period. It's the largest fine the PCAOB has ever doled out.
Firm Management January 7, 2025
Citrin Cooperman’s PE-Backed Ownership Flips From New Mountain Capital to Blackstone in ‘Monumental’ Deal
The deal marks the first time in the accounting profession that private equity ownership of a CPA firm has transferred, or flipped, from one investment group to another.
Mergers and Acquisitions January 7, 2025
SD Mayer Merges in Bogdan & Frasco in California
The San Francisco-based top 400 accounting firm has combined with Bogdan & Frasco, a boutique accounting firm also based in the "City by the Bay."
Firm Management January 7, 2025
Moss Adams Promotes 10 to Partner
The top 15 accounting firm announced Jan. 6 the addition of 10 new partners across multiple practices, with solutions related to tax and assurance.
Technology January 7, 2025
Caseware Acquires SaaS Solutions Provider LeaseJava
This is Caseware’s eighth acquisition since Hg Capital acquired majority ownership of the Toronto-based company in late 2020.
Technology January 6, 2025
Taxfyle to Debut AI Tax Assistant in January
The on-demand accounting platform is set to launch its new AI customer assistant, Luis, on Jan. 31, which Taxfyle says will serve as a bridge during the customer journey to make their tax filing experience easier and quicker.
Accounting Standards January 6, 2025
FASB Clarifies Interim Effective Date of New Disaggregation Standard for Some Companies
The Accounting Standards Update clears up confusion on the interim effective date of FASB's new disaggregation of income statement expenses standard for public business entities that don't have an annual reporting period ending on Dec. 31.
Mergers and Acquisitions January 6, 2025
Aprio Enters Baltimore Market By Combining With Nardone, Pridgeon & Co.
The Atlanta-based top 30 accounting firm continues to make moves since obtaining private equity backing last summer, this time merging with Timonium, MD-based CPA firm Nardone, Pridgeon & Co.
Mergers and Acquisitions January 6, 2025
UHY Merges in Tama, Budaj & Raab, Botz Deal & Co.
The top 30 accounting firm is expanding its presence in its home state of Michigan, as well as in Missouri, by combining with two CPA firms, Tama, Budaj & Raab and Botz Deal & Co., effective Jan. 1.
Mergers and Acquisitions January 6, 2025
Yeo & Yeo Launches HR Advisory Solutions Business After Acquisition
The top 200 accounting firm has acquired Amy Cell Talent, a provider of human resources services, and rebranded it Yeo & Yeo HR Advisory Solutions, with Amy Cell assuming the role of president.
Accounting January 3, 2025
Man Who Carried Out Deadly New Orleans Terrorist Attack Worked at Deloitte
Shamsud-Din Jabbar joined the Big Four firm in 2021, according to a statement from Deloitte, and was working as a senior solution specialist. He also had previously worked at EY after his service in the U.S. Army concluded.
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
