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Accounting

Nominations Open for 2026 ‘40 Under 40’ and ‘20 Under 40’ Awards

Accounting July 13, 2026 

Nominations Open for 2026 ‘40 Under 40’ and ‘20 Under 40’ Awards

The 40 Under 40 Awards spotlight the top practicing public accountants, educators and thought leaders who are leading their profession. Deadline is Nov. 2, 2026.

Isaac M. O'Bannon

Featured Articles

July 31, 2026  

Here’s How DFW Accounting Student Cam Hazzard Won $35K Off Shaq

July 31, 2026  

Ex-EY Accountant Just Headlined Lollapalooza as One of World’s Biggest DJs

July 30, 2026  

Foreign Buyers Purchased $45.3 Billion Worth of U.S. Homes from April 2025 to March 2026

July 30, 2026  

Retail Theft Evolves as Shoplifting Declines but Fraud Schemes Evolve

July 30, 2026  

What People Are Saying About the Grant Thornton-CBIZ Deal
UHY Merges in Tama, Budaj & Raab, Botz Deal & 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.

Jason Bramwell

2024’s Economy Lays the Groundwork for a Steady 2025

Accounting January 6, 2025 

2024’s Economy Lays the Groundwork for a Steady 2025

As we look to 2025, the small business economy is on track to support these businesses and provide additional opportunities for growth. However, uncertainties remain.

Man Who Carried Out Deadly New Orleans Terrorist Attack Worked at Deloitte

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.

Jason Bramwell

FASB Seeks Input on Future Standard-Setting Agenda Priorities

Accounting Standards January 3, 2025 

FASB Seeks Input on Future Standard-Setting Agenda Priorities

The Financial Accounting Standards Board published an invitation to comment on Jan. 3 that gives stakeholders the opportunity to provide feedback on the board's future standard-setting agenda.

Jason Bramwell

SEC Approves New PCAOB Procedure That Revokes Delinquent Firms’ Registrations

Auditing January 3, 2025 

SEC Approves New PCAOB Procedure That Revokes Delinquent Firms’ Registrations

Under the new rules, the PCAOB can address situations in which a registered firm has ceased to exist, is nonoperational, or no longer wishes to remain registered, as demonstrated by its failures to file annual reports via PCAOB Form 2 and pay annual fees for at least two consecutive reporting years.

Jason Bramwell

Aprio Acquires Two Chicago-Area Accounting Firms

Mergers and Acquisitions January 3, 2025 

Aprio Acquires Two Chicago-Area Accounting Firms

The top 30 accounting firm has expanded into the Chicago market after acquiring CPA firm KRD Ltd., which has offices in Chicago and Schaumburg, IL, as well as Burkett & Beattie, a CPA firm based in Libertyville, IL.

Jason Bramwell

RSM US Adds 84 New Partners and Principals for 2025

Firm Management January 3, 2025 

RSM US Adds 84 New Partners and Principals for 2025

Jan. 2 was a big day at top five accounting firm RSM US, as its new partner and principal class of 2025 was officially announced.

Jason Bramwell

Moving-Uhaul-IOBannon-20220521_155619

Small Business January 3, 2025 

More Americans Moving Into Southern States, U-Haul Data Shows

The trend of southern states netting larger numbers of one-way U-Haul customers continued during 2024, with South Carolina topping the U-Haul Growth Index for the first time. Texas, North Carolina, Florida and Tennessee round out the five leading growth states.

Isaac M. O'Bannon

Grant Thornton’s U.S. and Ireland Entities to Create Global Platform

Accounting January 3, 2025 

Grant Thornton’s U.S. and Ireland Entities to Create Global Platform

The new platform of roughly 12,000 professionals will include a united Trans-Atlantic advisory and tax practice, as well as independent audit practices.

Isaac M. O'Bannon

Remote and Stripe Partner for Contractor Payments in Cryptocurrency

Accounting January 3, 2025 

Remote and Stripe Partner for Contractor Payments in Cryptocurrency

The company said this gives companies a secure, near-instant alternative to compensate contract talent in the way that suits them best while Remote maintains compliance at home and abroad.

Isaac M. O'Bannon

Thomson Reuters Acquires SafeSend in $600 Million Deal

Mergers and Acquisitions January 2, 2025 

Thomson Reuters Acquires SafeSend in $600 Million Deal

"Becoming a part of Thomson Reuters will enable us to accelerate product development efforts and realize our shared vision of an end-to-end tax workflow solution," said Steve Dusablon, who founded SafeSend with Andrew Hatfield in 2008.

Jason Bramwell

Average Audit Fees Rose 6.4% in 2023, Report Finds

Auditing January 2, 2025 

Average Audit Fees Rose 6.4% in 2023, Report Finds

Average audit fees increased by 6.4% in 2023—from $2.83 million in 2022 to $3.01 million the following year—according to the 15th Annual Audit Fee Survey and Insights Report from the Financial Education & Research Foundation.

Jason Bramwell

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