General News July 23, 2025
IRIS Software Group Appoints Jason Dies as new Chief Executive Officer
Dies succeeds Gus Malezis, who has served as IRIS' interim CEO and will continue with his role as Chairman of the Board.
Auditing July 23, 2025
PCAOB Revokes Hong Kong Accounting Firm’s Registration, Bars Managing Partner
Centurion ZD CPA & Co. and its owner Chan Kam Fuk were sanctioned for violating U.S. auditing and quality control rules and standards related to audits of companies based in China, including Chinese coffee chain Luckin Coffee Inc.
Technology July 23, 2025
Karbon Launches Client Portal for Accounting Firms
Karbon has launched Karbon for Clients, a secure, modern client portal designed to help accountants streamline collaboration, accelerate response times, and reduce administrative burden.
Technology July 23, 2025
Paylocity Expands Platform’s Reach to the Office of the CFO with New Finance Solution
Paylocity for Finance brings finance and human resources teams together through a unified system grounded in the employee record.
Mergers and Acquisitions July 23, 2025
Aprio Acquires Sandler & Co. in Massachusetts
The top 30 accounting firm said it has expanded its Financial Services practice and deepened its presence in the greater Boston area by acquiring boutique CPA firm Sandler & Co., effective July 1.
Firm Management July 23, 2025
Sax Secures Outside Investment From Cobepa
The top 100 accounting firm announced last week that it has received a minority investment from Cobepa, a global private equity firm with offices in Brussels and New York.
Technology July 23, 2025
AvidXchange Unveils New AI Agents to Elevate Accounts Payable Processes
As part of AvidXchange’s 2025 trends report, which surveyed 500 mid-market finance leaders, it was reported that 76% of finance departments recognize the value of using AI within their finance department to improve efficiency and decision-making.
PCAOB July 22, 2025
George Botic Takes Over as Acting Chief of the PCAOB
The SEC has named George Botic acting chair of the Public Company Accounting Oversight Board, effective July 23, following last week's resignation of Erica Williams, whose last day as PCAOB chair is Tuesday.
Technology July 22, 2025
Canopy Announces Release of New Client Intake Solution
Canopy on July 22 launched Smart Intake, a native solution that automates client intake and tax workflow.
Technology July 22, 2025
Intuit Adds AI Agents, Other Enhancements to Intuit Enterprise Suite
Intuit said July 22 that it has made significant updates to Intuit Enterprise Suite, including the addition of new proactive AI agents, enhanced automation, business intelligence, and financial management capabilities.
Technology July 22, 2025
Sovos Unveils AI-Powered Tax Compliance Intelligence Solution
Sovos on July 22 announced Sovos Intelligence, an AI-powered tax compliance intelligence solution that enables companies to get real-time insights on transactions and tax data.
Accounting July 22, 2025
Fitch Launches Annual Careers Guide to Quantitative Finance
It is designed to equip hiring managers and candidates with contextual career and hiring information related to the rapidly changing world of quantitative finance.