SEC June 16, 2025
SEC Picks Ex-Big Four Partner Kurt Hohl to be Chief Accountant
Kurt Hohl, a former partner at Big Four accounting firm Ernst & Young and an SEC alum, is returning to the markets regulator as its chief accountant, effective July 7.
Small Business June 16, 2025
Virtual Cards: A Game Changer for B2B Payments
Payments remain one of the most overlooked levers for improving control, efficiency, and financial outcomes. Yet today, it's one of the easiest to modernize thanks to virtual cards.
Mergers and Acquisitions June 16, 2025
Doeren Mayhew Acquires Benoit & Associates in Michigan
In a move that adds to Doeren Mayhew's tax practice and expands its presence in West Michigan, the top 60 firm acquired Grand Rapids-based accounting firm Benoit & Associates CPAs, effective June 1.
Technology June 16, 2025
Taxfyle Launches AI Tool TXF Intelligence
Taxfyle on Monday introduced TXF Intelligence, a generative artificial intelligence tool built to automate and streamline tax return preparation for small tax and accounting firms in the U.S.
Auditing June 13, 2025
PCAOB Docks Heaton & Co. $35K, Partner $25K for Multiple Audit Failures
The Utah-based firm and its founder/partner Kristofer Heaton were fined on June 12 for audit documentation, engagement quality review, and quality control failures involving five audits.
Accounting June 13, 2025
AICPA Submits Recommendations for 2025-2026 Priority Guidance Plan
The recommendations come from the AICPA’s Tax Technical Resource Panels and cover 10 areas, including corporations/shareholders, employee benefits, and exempt organizations.
Firm Management June 13, 2025
KPMG Elects Will Williams as Next Americas Region Chair
Williams, vice chair of operations for the U.S. Big Four firm, will take over as chair of KPMG's Americas region on July 1, succeeding Paul Knopp, who has held the position since 2020.
Firm Management June 13, 2025
Two More Accounting Firms Join Ascend Platform
San Luis Obispo, CA-based Glenn Burdette and Saltmarsh, Cleaveland & Gund, which has offices in Pensacola and Tampa, FL, were the latest to join Ascend on June 1.
Small Business June 12, 2025
Accountants’ Recent Pessimism Driven by Economic and Policy Uncertainty
A new report released on June 11 by Avalara reveals a steep decline in optimism among U.S. accountants who advise small and midsized businesses.
Technology June 12, 2025
Aiden Now Fully Transactable in Microsoft Azure Marketplace
Aiden's availability in the Azure Marketplace enables customers to use this pre-approved budget to purchase Aiden directly, at a discount.
Accounting June 12, 2025
AICPA and CIMA Upgrade CGMA Professional Qualification to Reflect the Expanding Role of Modern Finance
The new syllabus emphasizes the role of finance professionals as high-impact business partners who can harness technology and apply strategic and critical thinking to drive value.
Accounting June 12, 2025
Vertex Joins Oracle’s Enhanced Partner Network Program
This enhanced collaboration with Oracle enables tax automation to be embedded within existing ERP workflows.