Accounting August 6, 2025
Rightworks Appoints New Leadership Team
Ian Williams has been appointed as the new CEO of the accounting technology company, while Jay Muelhoefer has been named as the chief revenue officer.
Accounting August 6, 2025
Montana Accountant Sentenced to 2 Years in Prison for Defrauding Clients
William Arthur Clawson—who defrauded clients by using their cash payments, which were intended to pay their income taxes, for his own personal expenses—was given a 24-month prison sentence on July 31.
Mergers and Acquisitions August 6, 2025
Earned Acquires Boston-Based CPA Firm Schwartz & Schwartz
The deal is the financial services firm's third acquisition in the past year since receiving a $200 million investment in July 2024 from growth equity firms Summit Partners and Silversmith Capital Partners.
Legislation August 5, 2025
Big Beautiful Bureaucratic Headaches
The One Big Beautiful Bill Act (OBBBA) imposes costly new recordkeeping and administrative requirements on the states and counties that are often the ones who deliver various federal aid programs.
Mergers and Acquisitions August 5, 2025
Top 100 Accounting Firms Strike Deal, as Freed Maxick Joins Withum
Buffalo, NY-based Freed Maxick and Princeton, NJ-based Withum have combined, effective Aug. 1, in a deal involving two of the 100 largest accounting firms by revenue in the U.S.
Accounting August 5, 2025
UHY Partnership with Plex by Rockwell Automation Focuses on Manufacturing Clients
"Through this partnership, UHY and Plex by Rockwell Automation will collaborate to build upon UHY’s existing success of delivering unparalleled digital transformation solutions to mid-market and enterprise manufacturers," the top 30 accounting firm said.
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.