Firm Management
CLA Global Names Paul English as CEO
He succeeds Sancho Simmonds and Joseph Kask, who have co-lead CLA Global since the network was formed in 2022.
Jason Bramwell
Jason Bramwell is senior staff writer for CPA Practice Advisor. He has nearly 25 years of professional writing experience, the last nine covering the accounting profession. He most recently was a staff writer and editor at Going Concern, and he previously spent five years as a staff writer and editor at AccountingWEB. He can be reached by email at jbramwell@cpapracticeadvisor.com.
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Firm Management
Cohen & Co. Admits 7 to Partnership
The top 50 firm announced its new partner class for 2024 on June 6, as well as two new members of its board of managers.
Firm Management
Finding Qualified Staff Is the Top Issue Facing Most CPA Firms In 2024
The AICPA revealed topline results of the PCPS CPA Firm Top Issues Survey during a Town Hall at ENGAGE 2024 this week.
Taxes
Companies Undertake More Aggressive Tax Positions When IRS Budget is Cut
An academic study tried to identify the correlation between corporate tax positions and the projected IRS budget for the following year.
Accounting
CPA Business Execs Feel Less Optimistic About the Economy
After feeling extremely optimistic about the U.S. economy in Q1, that sentiment fell in Q2 due to a variety of factors, the AIPCA said.
Auditing
AICPA Updates Practice Aid for Auditing Digital Assets
Guidance was added on auditing the valuation of digital assets and audit procedures regarding their existence, rights, and obligations.
Taxes
IRS Urges Clean Fuel Producers to Apply Now for Tax Credit
Fuel producers eligible to claim the Clean Fuel Production Credit starting Jan. 1 should apply for registration ASAP, the IRS said.
Firm Management
NDH Adds McGowan Guntermann in California
This is the third deal by Chicago-based NDH Advisors, which was acquired last year by private-equity firm Unity Partners.
Firm Management
Baker Tilly Promotes 41 to Principal
“Our new principals embody the spirit of leadership and innovation that is at the core of Baker Tilly," said CEO Jeff Ferro.
Accounting
GASB Concludes Pension Standards Achieved Objectives
A post-implementation review of GASB 67 and GASB 68 found that the two standards, approved in 2012, met their goals.
Firm Management
Doeren Mayhew Adds Nearman, Maynard, Vallez CPAs in Miami
The deal positions Doeren Mayhew to be the leading credit union auditing firm in the country, the top 60 accounting firm said June 3.
Firm Management
Grant Thornton Closes Deal With Private Equity Firm New Mountain Capital
Grant Thornton completed the sale of a significant stake in the firm to a group led by New York-based New Mountain Capital on May 31.