Accounting June 20, 2025
Detroit CPA Sentenced for Federal Loan Fraud in Pennsylvania
Matthew Lloyd Parker, 37, was given two years in prison on June 18 for stealing $14.5 million in COVID-19 relief loans in Pennsylvania.
Advisory June 18, 2025
State CPA Society News & Updates – June 2025
State CPA Society News & Updates is a selection of recent announcements and initiatives by CPA associations in the United States and its territories.
Accounting June 18, 2025
AICPA News – June 2025
AICPA News is a collection of recent announcements and news briefs from the American Institute of CPAs.
Mergers and Acquisitions June 18, 2025
Baker Tilly Acquires Sage Intacct Specialist Firm Sockeye
The Chicago-based top 10 firm is set to acquire Anchorage, AK-based Sockeye, a top Sage Intacct partner recognized for its vast construction industry expertise and technology-enabled finance, accounting, and project management solutions.
Accounting June 18, 2025
John Graham Elected New CIMA President
The Chartered Institute of Management Accountants has elected John Graham, FCMA, CGMA, as its 92nd president, the group announced on June 18.
Accounting June 18, 2025
Rightworks OneSpace Platform Wins 9 Badges in G2 Spring 2025 Reports
This recognition marks a milestone for Rightworks, as the company celebrates four years earning top honors in G2’s quarterly reports.
Accounting June 17, 2025
Pennsylvania Senate Passes Legislation to Modernize CPA Licensure Requirements
"By offering CPA candidates an additional pathway to complete their licensure and improving mobility for out-of-state CPAs, Pennsylvania is positioned to increase membership in the profession," said state Sen. Scott Hutchinson.
Accounting June 17, 2025
Accountant Shortage Risks New Mexico’s Financial Oversight, State Auditor Says
A decades-long shortage of accountants is coming to a head in New Mexico, presenting an ultimatum for leaders: modernize the field or face disruptive financial consequences.
Firm Management June 17, 2025
Accounting Firms Saw Gains in Profits and Clients Over the Past Year
Accounting firms in the U.S. have had a profitable last 12 months, due to adding new clients, technology, and service offerings, according to a new report from Xero.
Small Business June 17, 2025
Powering Up at Intuit Connect: Feel the Transformational Experience and Register Today
One of the key focuses of the Intuit Connect conference is to offer expert advice on how to become a stronger leader and advisor so that you can transform your client relationships and ultimately your firm’s success.
Accounting June 17, 2025
Former Massachusetts CPA Admits to Bank Fraud Conspiracy That Cost Lenders Millions
Christine Gendron, 61, whose CPA status expired in 2023, pleaded guilty in federal court on June 13 to participating in a conspiracy that prosecutors say obtained commercial mortgages for area properties using false information.
Payroll June 17, 2025
Worker Burnout From Online Learning is a Compliance Risk, Expert Warns
“When employees are drowning in mandatory training modules, they're not absorbing the information properly. That's when compliance becomes a real concern,” says Allan Murphy Bruun, founder of SimplerQMS.