Accounting February 28, 2026
Voting Opens for 2026 Readers’ Choice Awards!
Voting in the 2026 Readers’ Choice Awards is now open. Readers can vote for the programs, hardware, services, and other technologies they use and trust.
Financial Reporting December 19, 2024
AICPA Releases Statement Expressing Optimism of Possible Delay for BOI Reporting
Following the release of language in the proposed continuing resolution relating to the beneficial ownership information reporting requirement, the American Institute of CPAs (AICPA) released the following statement.
Auditing December 19, 2024
Ensuring Success 2024 Online Conference Wrap Up, Day 2 –
Thursday's free CPE session topics begin at 9am ET, and include Secure Act 2.0 effects on retirement, CAS, business license management, firm strategies, tax resolution, firm staffing, and marketing. Day two sessions start at 9am ET.
SEC December 18, 2024
SEC OKs PCAOB Budget for 2025
The 2025 PCAOB budget totals $399.7 million, and the accounting support fee totals $374.9 million, of which $346.1 million will be assessed on public company issuers and $28.8 million will be assessed on registered broker-dealers.
Technology December 18, 2024
Sikich Introduces Virtual Chief AI Officer Service
The Chicago-based professional services firm has launched its vCAIO service, a strategic solution providing organizations executive-level AI guidance without the overhead of a full-time hire.
Technology December 18, 2024
Crowe Launches Cyber Risk Management Solution
The top 15 accounting firm and X-Analytics, a cyber risk decisioning application, announced Dec. 17 the launch of Crowe Cyber Economic Risk Analyzer.
Taxes December 18, 2024
Why Few Tipped Restaurant Workers Will Likely Benefit From Trump’s Promise of No Tax on Tips
While many workers hoped for tax-free tips, experts warn the proposal could disproportionately benefit higher earners and exacerbate inequalities in the service industry.
Accounting Standards December 17, 2024
FASB Looks to Make Improvements to the Accounting for Environmental Credits and Environmental Credit Obligations
The proposed ASU provides recognition, measurement, presentation, and disclosure requirements for all entities that purchase or hold environmental credits or have a regulatory compliance obligation that may be settled with environmental credits.
Accounting December 17, 2024
FASB Taxonomies for 2025 Are Now Available
The Financial Accounting Standards Board released the 2025 GAAP Financial Reporting Taxonomy, which contains updates for accounting standards, and four other taxonomies on Dec. 16.
Mergers and Acquisitions December 17, 2024
GBQ Acquires Lillie & Co. and Lillie Resource Group
The Columbus, OH-based top 100 accounting firm has expanded its services for credit unions and financial institutions by acquiring CPA firm Lillie & Co. and its affiliate Lillie Resource Group.
Accounting December 17, 2024
Armanino Launches Cloud Integration Platform
The top 20 accounting firm has debuted CloudSync, a proprietary cloud integration platform that simplifies how businesses connect and manage essential third-party solutions.
Accounting December 17, 2024
QuickFee and PracticeERP Partner to Accelerate Payment and A/R Automation for Accounting Firms
The new new integration is powered by QuickFee Connect and streamlines payment workflows, accounts receivable processes, and client experience touchpoints for users of both platforms.
Mergers and Acquisitions December 17, 2024
Sikich Obtains Federal Contracts From Cherry Bekaert
Six members from Cherry Bekaert Advisory’s team are joining Sikich as a result of the transaction, bringing extensive experience in cost management and activity-based information to the Chicago-based professional services firm.