Accounting April 8, 2025
After $1.8B Accounting Error, South Carolina Looks to Change External Auditor
South Carolina lawmakers want to move on from outside independent auditor CliftonLarsonAllen after a 20-year relationship.
Accounting April 7, 2025
AICPA Committee Approves Clarification to Standards for CAS Financial Statement Preparation
The statement clarifies that a CPA is not required to apply AR-C Section 70, Preparation of Financial Statements, when the preparation of financial statements is not the primary objective of a consulting services engagement.
Mergers and Acquisitions April 4, 2025
Capstone Accounting and Tax Secures Private Equity Investment
Formerly known as Capstone CPAs, Capstone Accounting and Tax said the outside capital will provide the financial and strategic support needed to accelerate its long-term growth, strengthen client service offerings, and expand its market presence through mergers and acquisitions.
Accounting April 4, 2025
CPAClub Opens Club 22 Network to Accounting, Finance Professionals
The accounting solutions provider has launched Club 22, a professional network that brings accounting and finance professionals together through experiential learning and shared growth.
Accounting April 4, 2025
Xero and Sumday Partner to Give Users 12 Months of Free Carbon Accounting Tools
This offering also provides small businesses and their accounting and bookkeeping partners with valuable training, templates and resources to enhance their carbon accounting skills.
Mergers and Acquisitions April 4, 2025
Gordon Advisors Merges in The Henry Group in Michigan
Troy, MI-based accounting firm Gordon Advisors is combining with fellow Troy-based practice The Henry Group in a move that expands Gordon's capabilities and enhances its depth of expertise.
Accounting April 3, 2025
AI in Accounting: Moving Beyond Adoption to Enhance Client Outcomes
It’s clear that artificial intelligence is revolutionizing the industry by optimizing operations in areas like financial analysis, transaction processing, and reconciliation. But are we using AI strategically, or just automating routine tasks?
Firm Management April 3, 2025
Frazier & Deeter Gets Capital Infusion From PE Firm General Atlantic
Frazier & Deeter is the latest top 50 accounting firm to receive a bump in capital from a private equity firm, announcing Thursday a strategic growth investment from General Atlantic.
Financial Reporting April 3, 2025
Solver Releases xFP&A Nonprofit Industry Solution Models to Meet Industry Challenges
Solver, a cloud-based xFP&A (extended financial planning and analysis) software company, has launched a new solution designed to improve planning, reporting, consolidation, and analysis in nonprofit organization.
Accounting April 2, 2025
7 Accounting Firms Make Fortune’s 2025 ‘100 Best Companies to Work For’ Ranking
Seven of the 15 largest accounting firms in the U.S. are included in Fortune magazine's ranking for 2025, and one of those seven made Fortune's annual list for the very first time this year.
Advisory April 2, 2025
New Survey Sentiments from Fund Accountants May Indicate Bellwether Industry Shifts
Seven in ten fund accountants surveyed identified the adoption of automation and AI as the most pressing industry trend for 2025. Notably, 61% agreed that these technologies will play a major role in fund accounting.
Mergers and Acquisitions April 2, 2025
EisnerAmper Merges in Prague & Co. in Massachusetts
The top 20 accounting firm is expanding its presence in the Boston area by combining with full-service CPA firm Prague & Co. in a deal expected to close this spring.