Mergers and Acquisitions January 8, 2026
Doeren Mayhew Acquires Lancaster & Reed in Florida
The top 50 accounting firm announced Wednesday that it added Key Biscayne, FL-based CPA firm Lancaster & Reed as of Dec. 17, 2025.
Small Business December 22, 2025
Fed Report Shows Visa, Mastercard Shift More Debit Card Fraud Onto Merchants
The report also highlights that banks subject to government regulation continue to earn outsized returns on debit transactions, averaging nearly six times their costs.
Accounting December 19, 2025
AICPA Seeks Comment on Ethics Rules Update for Alternative Practice Structures
The exposure draft identifies relationships and circumstances that could impair independence and addresses factors for evaluating threats, where appropriate.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.