Staffing January 7, 2025
Professionals on the Move – Jan. 2025
Professionals on the Move is a round-up of recent hiring and promotion announcements from around the profession.
Auditing January 7, 2025
PCAOB Doled Out a Record $37.4 Million in Fines in 2024
The blockbuster fine of 2024 was the $25 million penalty the PCAOB gave KPMG in the Netherlands last April for systemic internal exam cheating over a five-year period. It's the largest fine the PCAOB has ever doled out.
Firm Management January 7, 2025
Citrin Cooperman’s PE-Backed Ownership Flips From New Mountain Capital to Blackstone in ‘Monumental’ Deal
The deal marks the first time in the accounting profession that private equity ownership of a CPA firm has transferred, or flipped, from one investment group to another.
Mergers and Acquisitions January 7, 2025
SD Mayer Merges in Bogdan & Frasco in California
The San Francisco-based top 400 accounting firm has combined with Bogdan & Frasco, a boutique accounting firm also based in the "City by the Bay."
Firm Management January 7, 2025
Moss Adams Promotes 10 to Partner
The top 15 accounting firm announced Jan. 6 the addition of 10 new partners across multiple practices, with solutions related to tax and assurance.
Technology January 7, 2025
Caseware Acquires SaaS Solutions Provider LeaseJava
This is Caseware’s eighth acquisition since Hg Capital acquired majority ownership of the Toronto-based company in late 2020.
Taxes January 7, 2025
2025 Tax Refunds: When Can You Get Your Refund? Date Estimate
Everybody hates the IRS, but many of us love getting a tax refund! Find out when you can expect to get your refund if you file early. Even without a refund loan, you can usually get your refund in 2-3 weeks.
Accounting January 7, 2025
Progress ShareFile Added to AICPA Member Discount Program, With Benefits for AICPA Members
The ShareFile AI-powered, document-centric collaboration platform enables customers to deliver more efficient and effective client and team collaboration, while simplifying the sharing of documents and prioritizing security.
Accounting January 7, 2025
Navigating 2025’s Complex Landscape for Boards and Audit Committees
Maintaining the focus on financial reporting and internal control risks remains job number one for audit committees.
Taxes January 7, 2025
The Tax Blotter – January 2025
The Tax Blotter is a round-up of recent tax news, briefs, and court rulings.
Firm Management January 7, 2025
Ascend Accounting Network Adds Boston Firm Walter Shuffain
Walter Shuffain adds 114 professionals, including 13 partners, to Ascend’s team. The firm reported 2023 revenue of $30 million.
Financial Reporting January 7, 2025
Two Wipfli Reports Show Growth and Confidence for Banks and Credit Unions in 2025
Based on the extensive data, the surveyed financial leaders describe challenges such as cybersecurity, talent shortages and digital transformation maturity as continuing to shape strategies and priorities in 2025.
Contributors
Amy Vetter
CPA, CITP, CGMA
Brian Tankersley
CPA, CITP, CGMA
Garrett Wagner
CPA, CITP, CEO and Founder of C3 Evolution Group
Jim Boomer
CPA, CITP, CEO
Ken Berry, JD
CPA Practice Advisor Tax Correspondent
Mary Girsch-Bock
Contributing Writer
Randy Johnston
MCS, MCP
