Mergers and Acquisitions August 5, 2025
Prosperity Partners Acquires Pipaya in Virginia
Private equity-backed tax and accounting firm Prosperity Partners said Tuesday it has added Vienna, VA-based transaction services firm Pipaya.
Mergers and Acquisitions August 5, 2025
Calvetti Ferguson Acquires Randy Walker & Co. in Texas
Calvetti Ferguson has added San Antonio, TX-based Randy Walker & Co., a move that adds specialized nonprofit audit services and depth to the top 200 accounting firm's existing San Antonio team.
Accounting August 5, 2025
Platform Accounting Uncorks New Opportunities
The Northern California-based accounting firm AWG Wine Advisors, formerly Allen Wine Group, has joined Platform Accounting Group. AWG is based in Santa Rosa and expands Platform’s business accounting services to the wine industry.
Accounting August 5, 2025
FASB Releases 2025 Investor Outreach Report
Staff from the Financial Accounting Standards Board engaged in more than 400 investor interactions over the year that ended June 30, 2025, according to FASB's latest Investor Outreach Report.
Artificial Intelligence August 4, 2025
EY and ACCA Share New Guidance on AI Assessments to Boost Confidence in AI Systems
The new policy paper makes the case that effective AI assessments allow businesses to deploy AI systems that are more likely to be effective, reliable and trusted.
Accounting August 4, 2025
MassCPAs Hosts 30 High School Students for Summer Accounting Career Exploration
Students participated in a full slate of interactive sessions designed to build both technical knowledge and career-readiness skills.
Firm Management August 4, 2025
CPAClub Named CalCPA Firm of the Year
The recognition places a spotlight on CPAClub’s mission to transform the profession from the inside out.
Accounting July 31, 2025
Indiana CPA Society Awards Almost $25,000 in Scholarships
The Indiana CPA Educational Foundation provides financial assistance to students pursuing their accounting major and ultimate entry into the CPA profession.
Small Business July 30, 2025
Citing Potential for Fraud, States Pass New Crypto ATM Laws
They may resemble other ATMs, but officials are increasingly warning about the potential for fraud with the expanding fleet of cryptocurrency ATMs popping up across the country.
Accounting July 30, 2025
FASB OKs New Credit Losses Guidance for Accounts Receivable, Contract Assets
The Financial Accounting Standards Board issued new optional guidance on July 30 regarding the measurement of credit losses for accounts receivable and contract assets.
Accounting July 30, 2025
Indiana Accountant Sentenced to Three Years for Illegal Tax Shelter Scheme
Jason Crace, CPA, was sentenced to three years in prison on July 21 for preparing false tax returns for clients who participated in an illegal tax shelter.
Firm Management July 30, 2025
The AI Hierarchy: Execs Use AI 4X More Than Frontline Workers
A new report reveals a growing gap in AI adoption between senior leadership and frontline staff: while 72% of C-suite/VP executives use AI daily, only 18% of individual contributors (ICs) do the same.