Accounting August 4, 2026
Nominations Open for Innovation Awards and 40 Under 40 Awards
Nominations are currently being accepted for CPA Practice Advisor's 40 Under 40, 20 Under 40, and Tax & Accounting Tech Innovation Awards.
Auditing July 23, 2025
PCAOB Revokes Hong Kong Accounting Firm’s Registration, Bars Managing Partner
Centurion ZD CPA & Co. and its owner Chan Kam Fuk were sanctioned for violating U.S. auditing and quality control rules and standards related to audits of companies based in China, including Chinese coffee chain Luckin Coffee Inc.
Technology July 23, 2025
Karbon Launches Client Portal for Accounting Firms
Karbon has launched Karbon for Clients, a secure, modern client portal designed to help accountants streamline collaboration, accelerate response times, and reduce administrative burden.
Taxes July 23, 2025
IRS Gives Tax Filing Relief to Those Impacted by May St. Louis Tornado
The IRS recently announced tax relief for individuals and businesses located in the city of St. Louis and St. Louis and Scott counties in Missouri after an EF3 tornado caused widespread destruction on May 16.
Technology July 23, 2025
Paylocity Expands Platform’s Reach to the Office of the CFO with New Finance Solution
Paylocity for Finance brings finance and human resources teams together through a unified system grounded in the employee record.
Technology July 23, 2025
White House Announces AI Policy to Spur U.S. Development
The AI Action Plan recommends revamping the permitting process and streamlining environmental standards to speed AI-related infrastructure projects.
Firm Management July 23, 2025
Laura LaPeer Joins UHY as Chief Financial Officer, Championing Financial Integrity and Growth
LaPeer will play a key leadership role in upholding UHY’s financial integrity, providing strategic insights, and enhancing accounting and transactional support across the firm.
Mergers and Acquisitions July 23, 2025
Aprio Acquires Sandler & Co. in Massachusetts
The top 30 accounting firm said it has expanded its Financial Services practice and deepened its presence in the greater Boston area by acquiring boutique CPA firm Sandler & Co., effective July 1.
Financial Reporting July 23, 2025
Grant Thornton Shares 5 Essential Insights for CFOs Navigating Carve-Outs and Divestitures
“Carve-outs are strategic inflection points that demand precision, foresight and financial leadership,” said Greg Bryen, a director within the CFO Advisory Services practice at Grant Thornton.
Firm Management July 23, 2025
Sax Secures Outside Investment From Cobepa
The top 100 accounting firm announced last week that it has received a minority investment from Cobepa, a global private equity firm with offices in Brussels and New York.
Accounting July 23, 2025
AICPA Survey Reveals What Relief Americans Want from the IRS Following a Natural Disaster
Americans were asked which type of tax filing and payment relief would be helpful after experiencing a natural disaster.
Technology July 23, 2025
AvidXchange Unveils New AI Agents to Elevate Accounts Payable Processes
As part of AvidXchange’s 2025 trends report, which surveyed 500 mid-market finance leaders, it was reported that 76% of finance departments recognize the value of using AI within their finance department to improve efficiency and decision-making.
IRS July 22, 2025
IRS Workforce Has Shrunk 25% Since Trump Took Office
The IRS workforce has been slashed from approximately 103,000 employees in January when Donald Trump began his second term as president to 77,428 in May, with some of the biggest job cuts among tax examiners and revenue agents, according to a new TIGTA report.