Accounting February 6, 2026
AICPA News – Feb. 2026
AICPA News is a round-up of recent announcements from the American Institute of CPAs, the Association of International CPAs, and the Chartered Institute of Management Accountants (CIMA).
Taxes February 2, 2025
Products Most Likely to Increase in Cost Due to Tariffs, From Avocados to Cars
The tariffs are due to take effect at 12:01 am on Tuesday. Here’s a look at key imports from the three counties that could become more costly.
Firm Management January 31, 2025
Platform Accounting Group Expands in New York City
Holladay, UT-based Platform Accounting Group has added New York City-based AKM Advisors, formerly known as Adelman Katz & Mond, an accounting firm that has been in practice for more than 35 years and offers a wide range of financial services to clients.
Technology January 31, 2025
Acumatica to Debut AI Studio, Acumatica Labs in 2025
Cloud enterprise resource planning provider Acumatica announced this week several updates and enhancements it will release in 2025 for small and midsized businesses.
Mergers and Acquisitions January 30, 2025
Grassi Merges in Anstiss & Co. in Massachusetts
The New York City-based top 60 firm has expanded its presence in Massachusetts by combining with Anstiss, a CPA firm located in Chelmsford.
IRS January 30, 2025
Taxpayer Advocate, AICPA Back Bipartisan Draft Bill to Improve IRS Administration
A discussion draft, released Thursday by Sens. Mike Crapo (R-ID) and Ron Wyden (D-OR), that proposes several ways to fix IRS procedures and administration has strong support from National Taxpayer Advocate Erin Collins and the AICPA.
Auditing January 30, 2025
PCAOB Posts Staff Video on Audit Firm Risk Assessment Processes Under New QC Standard
The audit firm’s risk assessment process is the basis for a risk-based approach to the design, implementation, and operation of the firm’s quality control system, the PCAOB said.
Firm Management January 30, 2025
Baker Tilly Global Revenue Reaches Record $5.6 Billion in 2024
Baker Tilly International said Jan. 30 that its global network of accounting firms hauled in a record $5.62 billion in revenue for the year ending Dec. 31, 2024, a 9% increase from 2023 or 9.5% at constant exchange rates.
Accounting January 30, 2025
South Carolina Treasurer Vows to Stay in Office, After Auditor Resigns Amid $1.8 Billion Accounting Error
South Carolina Treasurer Curtis Loftis vowed to complete his term despite two other state financial officers involved in the yearslong state accounting issues having left their jobs.
Accounting January 29, 2025
Rightworks to Host RightNOW 2025 Event This May in Nashville
Geared toward accounting firm leaders, firm staff, tax practitioners, and small and midsized business finance professionals, RightNOW 2025 will be held from May 19-21 in Nashville.
Accounting January 29, 2025
FASB Names Four New Not-for-Profit Advisory Committee Members
As a resource for the Financial Accounting Standards Board, the NAC obtains input from the not-for-profit sector on existing financial reporting guidance, current and proposed technical agenda projects, and longer-term or pervasive financial reporting matters affecting those organizations.
Mergers and Acquisitions January 29, 2025
Marsico Financial Group Adds Care Accounting in Pennsylvania
Pittsburgh-area accounting and financial advisory services firm Marsico Financial has acquired Care Accounting, a firm based in Beaver Falls, PA.
Mergers and Acquisitions January 29, 2025
Alinea CPAs Acquires Matthew P. Roth and Co. in Ohio
The acquisition is part of Dayton, OH-based Alinea CPAs' strategic plan to strengthen its private company practice in the Cincinnati area.