Accounting June 28, 2025
Nominations Open for 2025 Innovation Awards
The Innovation Awards highlight technologies that are shaping the profession and small businesses through increased collaboration and productivity.
Technology June 16, 2025
The Cyber Saga Continues: Protect Your Firm from First-Party and Third-Party Cyber Exposures
Relying on only one type of cyber insurance that may be limited to either first- or third-party coverage may leave businesses exposed to significant financial and legal risks.
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 13, 2025
Cost of Trump’s Tariffs Hits Home, as Several Goods and Services Surge to Record Highs
President Donald Trump’s trade war is affecting Americans from buying groceries to paying electric bills, with the cost of bananas, ground beef, and electricity surging to all-time highs.
Accounting June 12, 2025
What to Do When the Future Looks Scary (Again)
Your team, clients and community look to you for guidance. So let’s revisit that advice and update it for the here and now.
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.
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.
Accounting June 11, 2025
AICPA President and CEO Mark Koziel Speaks at AICPA Engage 2025
Managing editor Isaac O'Bannon discusses technologies that help firms maximize productivity, enhance client relationships. Improve accuracy, and save time.
Firm Management June 11, 2025
Elliott Davis Secures Private Equity Backing
The top 50 firm made two big announcements on Wednesday: it has a deal in place to receive outside capital from Flexpoint Ford and it named John Otten as its new CEO, effective July 1.