Finance

Sorren, based in Meridian, Idaho, has added Casey Neilon, an accounting consultancy in Nevada, to its national network.

The accounting profession is seriously divided over the value of private equity, and its potential impact on the profession.

Partners at firms that have chosen to remain independent are now asking whether a firm's internal buyout multiple should be adjusted.

The deal will expand the Top 10 Firm's footprint to South Florida and its existing presence on the East Coast.

Accounting's most influential name the profession's biggest issues.

Platform Accounting Group expanded in Oregon; Springline Advisory acquired Actuarial Resources; Sorren added RTO; Patrick Accounting and Tax Services is buying Knight Home Care Financial.

Public Company Accounting Oversight Board officials are sounding a cautious note about the spread of artificial intelligence and private equity at audit firms.

The Chicago-based firm has acquired New York- based accounting firm Farkouh, Furman & Faccio.

Franklin Alliance, a venture capital-backed company that helps small and midsized firms scale, acquired Cincinnati-based Howard, Nunn & Bloom. Randy Crabtree and Jon Segal also joined its advisory board.

Speakers at Accounting Today's 2025 PE Summit urged firms to explore the ways private equity is transforming accounting — and their practices.

It's more than possible for firms to forego private equity investment — but it requires serious planning and discipline.

Mauldin & Jenkins merged in LaPorte CPAs & Business Advisors; Ascend's TSS Advisors added John G. Burk & Associates; Ascend's Walter Shuffain Advisors integrated Richardson & Co.; Cross Financial joined Crete Professionals Alliance.

The Top 50 Firm acquired two more firms in Tennessee and Michigan.

Springline Advisory acquired Infinity Globus and Smart Accountants, both based in Ahmedabad, India, expanding the firm's international reach.

Grant Thornton International is considering a possible minority stake sale of its Indian unit or a merger with its operations in the U.S. or Europe.

The Internal Revenue Service announced the rates for the start of next year, which will stay the same as this quarter.

Small-business accounting platform Xero announced a 20% increase in operating revenue for the first half of its fiscal year, attributing it to a growing user base and higher average revenue per user.

Crete Professionals Alliance added Acuity; and Mercer Advisors acquired Beach Freeman Lim & Cleland.

Citrin Cooperman merged in KBFM; Brown Edwards acquired DesRoches; and Pinion added Gifford & Cox.

The Regional Leader firm based in Rochester, New York, has acquired a firm also headquartered in Rochester.