Mergers and Acquisitions June 2, 2025
PKF O’Connor Davies Adds Rainer & Co. in Pennsylvania
The top 30 accounting firm said on June 2 it has acquired Rainer & Co., a regional CPA firm with offices in Newtown Square and West Chester in Pennsylvania.
Marketing June 2, 2025
High-Growth Accounting Firms Spend Twice as Much on Marketing, Study Finds
A recent study from the Association for Accounting Marketing and Hinge Marketing suggests a strong correlation between the level of marketing spend and revenue growth at accounting firms.
Firm Management June 2, 2025
New Jersey Society of CPAs Names John M. Szczomak, CPA, as President for 2025-2026
As NJCPA president, Szczomak plans to focus on the CPA pipeline challenges and encouraging more people to enter accounting as well as mentoring the younger generation.
Technology June 2, 2025
Thomson Reuters Launches Agentic AI Platform for Tax and Accounting Pros
Unlike generic AI, Thomson Reuters agents are refined by legal and tax, audit, and accounting experts to reason in alignment with professional standards and best practices
Financial Reporting June 2, 2025
Sage Acquires Anvyl for Supply Chain Technology Solutions
Anvyl’s end-to-end supply chain software will allow Sage to deliver a cost-effective Supply Chain Execution (SCE) solution that provides SMBs with complete visibility across their entire supply chains
General News June 2, 2025
Bessent Says U.S. Will Never Default on Debt
Treasury Secretary Scott Bessent said the U.S. “is never going to default” as the deadline for increasing the federal debt ceiling gets closer.
Firm Management May 29, 2025
BDO USA CEO Wayne Berson to Retire Next Year
Berson, who has served as CEO of Chicago-based top 10 accounting firm BDO USA since 2012, is retiring effective June 30, 2026.
Small Business May 29, 2025
Navigating Tariff Volatility in 2025
In a recent webinar hosted by Bloomberg Tax & Accounting and Bloomberg Law, tax and legal professionals examined the implications of the Trump administration's wave of new tariffs and provided insights for businesses navigating emerging complexities.
Technology May 29, 2025
Acumatica Set to Be Acquired By Vista Equity Partners
The Washington-based ERP provider said on May 29 it has signed an agreement to be acquired by Vista Equity Partners, the global investment firm that purchased Avalara in 2022.
Technology May 29, 2025
Plaid Launches Transactions for Business: Powering Real-Time Business Tools
Companies like Brex, Bluevine, and Wave are already using Plaid's existing Transactions product to deliver real-time spend tracking, smarter capital access, and automated bookkeeping to businesses.
Accounting May 29, 2025
Illinois Legislature Passes Bill That Creates New CPA Licensure Pathways
Legislation that creates additional pathways to becoming a CPA in Illinois awaits Gov. JB Pritzker's signature after the bill was passed in the state House in April and the state Senate last week.
Accounting May 29, 2025
Sage Scales Embedded Services to North America and Europe
Embedded Services aims to equip platform partners with capabilities that deepen customer engagement, drive loyalty, and unlock sustainable growth through enhanced user experiences.