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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 24, 2026  

Why Trump’s 50% Hockey Equipment Tariffs Are Unlikely to Hit U.S. Families

July 24, 2026  

Part 2: AI Is the Ultimate Accounting Assistant – Accounting Technology Lab Podcast – July 2026

July 24, 2026  

Israeli Researcher Sucked Into SEC Legislative Controversy

July 24, 2026  

Trump Rebuilds Tariffs with New Levies on 60 Economies

July 23, 2026  

PCAOB Wants Feedback on ‘Ambitious and Practical’ 5-Year Strategic Plan
CPA Barred, Audit Firm Fined by PCAOB for Quality Control Issues

Auditing December 19, 2025 

CPA Barred, Audit Firm Fined by PCAOB for Quality Control Issues

Jennifer Crofoot, a former audit partner at Fruci & Associates II, was barred for three years and the firm was docked $50,000 for failing to follow U.S. auditing rules and standards in connection with the audits of four public companies.

Jason Bramwell

PCAOB Fines Florida Audit Firm $35,000 Over Tardy Form AP Filings

Auditing December 19, 2025 

PCAOB Fines Florida Audit Firm $35,000 Over Tardy Form AP Filings

West Palm Beach, FL-based accounting firm Beckles & Co. agreed to a censure and fine for repeatedly failing to make required disclosures about who worked on audits.

Jason Bramwell

PCAOB Censures and Fines Texas Firm for Audit Failures

Auditing December 19, 2025 

PCAOB Censures and Fines Texas Firm for Audit Failures

Sugar Land, TX-based accounting firm TPS Thayer was sanctioned on Dec. 4 for violations that include failing to supervise an unregistered China-based firm.

Jason Bramwell

Dext Launches AI Agent for Bookkeeping Automation

Technology December 18, 2025 

Dext Launches AI Agent for Bookkeeping Automation

Dext has launched its new Extraction as a Service platform, enabling software providers and fintechs to embed Dext’s market-leading data extraction directly into their applications.

BDO CEO Wayne Berson Receives Lifetime Achievement Award from Leukemia Society

Accounting December 18, 2025 

BDO CEO Wayne Berson Receives Lifetime Achievement Award from Leukemia Society

The James L. Eichberg Lifetime Achievement Award recognizes the outstanding accomplishments of an individual or organization that has demonstrated dedication and commitment to the mission of Blood Cancer United.

TaxDome Releases 2025 Annual Report, Marking Its Second Year of Voluntary Transparency

Technology December 18, 2025 

TaxDome Releases 2025 Annual Report, Marking Its Second Year of Voluntary Transparency

The report details what the company delivered, what it learned, and where it is investing next, offering insight into how product, customer experience, and infrastructure decisions are made.

CPAClub Launches Guardian Pass for Quality Management Monitoring

Technology December 18, 2025 

CPAClub Launches Guardian Pass for Quality Management Monitoring

CPAClub’s Guardian Pass is an annual subscription designed to help CPA firms plan, execute, and sustain the ongoing and periodic monitoring activities required under the AICPA’s System of Quality Management standards and the PCAOB’s QC 1000.  

 AI Transformation Opens Door for Finance Professionals to Build Future-Ready Skills

Accounting December 18, 2025 

AI Transformation Opens Door for Finance Professionals to Build Future-Ready Skills

The survey of 1,446 global senior finance and accounting leaders and managers highlights challenges in the organizational readiness for AI.

KPMG Sees Global Revenue Rise to $39.8 Billion in 2025

Firm Management December 17, 2025 

KPMG Sees Global Revenue Rise to $39.8 Billion in 2025

It was a banner year for those representing the blue and white of KPMG as the Big Four firm reached a record $39.8 billion in revenue for the 2025 fiscal year, up 5.1% in local currency terms and 5.4% in U.S. dollar terms from FY 2024.

Jason Bramwell

FASB OKs Improvements to Accounting Standards Codification

Accounting Standards December 17, 2025 

FASB OKs Improvements to Accounting Standards Codification

The new standard issued on Dec. 17 focuses on updating the FASB Accounting Standards Codification for a variety of topics, including technical corrections, unintended application of the Codification, clarifications, and other improvements.

Jason Bramwell

GASB Provides New Guidance on Reporting of Subsequent Events

Accounting Standards December 17, 2025 

GASB Provides New Guidance on Reporting of Subsequent Events

The Governmental Accounting Standards Board issued a new standard on Dec. 17 that is designed to improve the financial reporting requirements for subsequent events.

Jason Bramwell

NJCPA Raises More Than $30,000 for Community FoodBank of New Jersey

State CPA Societies December 17, 2025 

NJCPA Raises More Than $30,000 for Community FoodBank of New Jersey

Sponsored by the NJCPA Emerging Leaders Council, the food drive collected food items at its Roseland office and various member offices and also included a volunteer day at the FoodBank in Hillside. 

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