Advisory December 8, 2025
Building the Next Generation of Global Delivery
The next era of global delivery will be defined by firms that invest in capability, embrace technology‑enabled operating models, and cultivate strategic partnerships.
Mergers and Acquisitions December 5, 2025
Stephano Slack Merges with Boyer & Boyer CPA and Kimmel, Lorah & Associates
The Wayne, PA-based accounting firm completed two merger deals within the past month—one with Wilmington, DE-based firm Boyer & Boyer CPA and most recently with CPA firm Kimmel, Lorah & Associates (KLA) in Audubon, PA.
Mergers and Acquisitions December 5, 2025
Squire Acquires HintonBurdick in Utah
The Orem, UT-based top 200 firm has acquired fellow Utah CPA firm HintonBurdick, which also has offices in Arizona and Nevada, in a deal that becomes official on Jan. 1, 2026.
Mergers and Acquisitions December 5, 2025
Adams Brown Acquires Stafford & Westervelt
The Wichita, KS-based top 200 accounting firm has acquired Stafford & Westervelt, Chartered, a CPA firm with offices in Rogers, AR, and Parsons, KS, effective Dec. 1.
Accounting December 4, 2025
Kansas Accountant, Who Created Fictitious ‘Middle Finger Ranch’ for Fraud Scheme, Sentenced to 4 Years in Jail
Quintin Flanagin, 45, of Colby, KS, was sentenced to 48 months in prison on Dec. 3 after admitting this past summer to defrauding clients, who were his family members, and using part of the money to build a home.
Accounting December 4, 2025
Opportunities Exist for More Transparent Audit Committee Disclosures, CAQ Says
Most disclosure areas have stagnated or declined, providing audit committees with an opportunity to enhance transparency about their evolving oversight responsibilities, the Center for Audit Quality says in a new report.
Staffing December 4, 2025
1 in 3 Young Professionals Still Live With Parents, Says Report
Surveying 1,000 adults aged 18–33, the report found that 35% of young adults have previously lived with their parents after starting their career and another (34%) are currently living with their parents.
Taxes December 4, 2025
Karbon Launches Smart Tax Organizers and Binders Powered by StanfordTax to Streamline Tax Season
All client uploads, communications, and workpapers sync across Karbon’s platform for a unified experience spanning contacts, jobs, client tasks, and billing within the single client portal experience, Karbon for Clients.
Accounting Standards December 4, 2025
FASB Adds Guidance to GAAP on Accounting for Government Grants by Businesses
A new Accounting Standards Update published by the Financial Accounting Standards Board on Dec. 4 establishes authoritative guidance on the accounting for government grants received by business entities.
Mergers and Acquisitions December 4, 2025
LGA Merges with Cohen Cohen & Co. and Ziner & Murphy in Massachusetts
The top 200 firm announced the completion of two merger deals this week—one with Boston-based CPA firm Cohen Cohen & Co. and the other with Stoneham, MA-based CPA firm Ziner & Murphy—effective Dec. 1.
Technology December 4, 2025
Manual Processes Still Prevalent in Accounts Payable as 1099 Season Nears, Avalara Report Says
As the 1099 filing season approaches, rising form volumes, shifting IRS requirements, and tighter audit scrutiny are colliding with outdated, manual processes—leaving accounts payable teams stretched thin and exposed to risk.
Accounting December 4, 2025
While Not Thrilled About the Economy, CPA Business Execs Are More Optimistic About Their Own Companies’ Outlook in Q4
CPA business leaders cited domestic economic conditions and inflation as their top concerns, while tariff-related uncertainty eased compared with last quarter, according to the Q4 AICPA and CIMA Economic Outlook.
Technology December 4, 2025
AuditFile Launches New QualityLink Solution for CPA Firms
QualityLink is an integrated, AI-driven solution designed to help CPA firms comply with the full suite of quality management standards: AICPA Statement on Quality Management Standards No. 1 and AICPA SQMS No. 2, as well as International Standard on Quality Management 1 and ISQM 2.