Contributors

May 8, 2025 

State CPA Society News & Updates is a selection of recent announcements and initiatives by CPA associations in the United States and its territories.

Mary Girsch-Bock

AICPA May 8, 2025 

Peterson’s retirement caps a tenure at AICPA and a broader career defined by advocacy and an unwavering commitment to elevating the voices of small firms across the accounting profession.

Isaac M. O'Bannon

Accounting May 8, 2025 

The new products include Vault, an AI-powered document storage solution in Dext, and Dext Self-Employed, purpose-built to manage receipts, expenses, and financial documents for self-employed clients.

Isaac M. O'Bannon

Technology May 8, 2025 

The addition of its new tax solution allows Charlotte, NC-based Aiwyn to deliver core tax capabilities within the Aiwyn ecosystem, including automated preparation, AI-enabled review, and real-time collaboration.

Jason Bramwell

Technology May 8, 2025 

With AutoCollect, customers can automatically import and get paid for invoices created in their accounting software, including QuickBooks Online and Xero, directly within Ignition. 

Jason Bramwell

Accounting May 8, 2025 

Xero has announced integration with Karbon to deliver a solution designed to help accounting professionals save time, simplify workflows and boost productivity.

Isaac M. O'Bannon

Technology May 8, 2025 

Melio and Gusto are partnering to make it easier for small and midsized businesses to pay employees, contractors, vendors, and get paid via invoices from one platform.

Jason Bramwell

Technology May 7, 2025 

The investment from Thoma Bravo is expected to accelerate Franklin, TN-based HubSync's product roadmap and customer service, as well as enable continued growth and innovation.

Jason Bramwell

Auditing May 7, 2025 

Artificial intelligence is set to transform internal audit in 2026, with adoption expected to double next year to 80% from its current adoption rate among internal auditors of 39%, according to new research from Wolters Kluwer.

Jason Bramwell

Technology May 7, 2025 

Asset management firm TBG will acquire a majority stake in AP automation software provider AvidXchange, while corporate payments provider Corpay will acquire a minority share.

Jason Bramwell

Accounting May 7, 2025 

Half of C-suite executives are considering cuts to their function in the second quarter of 2025 in anticipation of continued disruption of supply chains, decreased consumer demand, and inflation.

Isaac M. O'Bannon

Firm Management May 7, 2025 

AI uptake has been strong, with financial planners using AI to streamline client data collection, risk profiling, and communications.

Isaac M. O'Bannon