Paige Hagy

The Top 25 Firm's private equity ownership will transfer from New Mountain Capital to Blackstone, marking the first 'turn' in the U.S. accounting space.

The Public Company Accounting Oversight Board ramped up enforcement, modernized standards, enhanced inspections and expanded engagement in 2024.

The Financial Accounting Standards Board published an Invitation to Comment and asked stakeholders for feedback on its future standard-setting agenda.

Thomson Reuters acquired cPaperless, doing business as SafeSend, for $600 million in cash to expand its tax and accounting offerings.

The Louisiana-based utility company paid the Securities and Exchange Commission $12 million to settle the charges.

The Public Company Accounting Oversight Board's 2025 budget totals $399.7 million, and the accounting support fee totals $374.9 million.

The proposed accounting standards update provides disclosure requirements related to environmental credits and obligations.

Private-equity backed firm Ascend has added Walter Shuffain to expand its footprint in the Boston market.

The American Institute of CPAs and CPA.com released their 2024 CAS Benchmark Survey.

The venture capital-backed operating company acquired Bement & Co., offering small firms an alternative way to scale outside of private equity.

The Public Company Accounting Oversight Board will continue its inspection focus on public companies in the financial, real estate and information technology sectors.

KPMG International forecasts slight growth in global GDP in 2025, then dampening in 2026 due to post-election policies in the U.S.

Internal Revenue Service-Criminal Investigation unit released its annual report.

The Public Company Accounting Oversight Board sanctioned Raines & Fischer and three of its partners for attempting to deceive inspection staff and other violations.

The Public Company Accounting Oversight Board posted a disciplinary order sanctioning Weinstein International CPA and its sole partner for audit and quality control failures.

The Financial Accounting Standards Board is seeking comments on a practical expedient and an accounting policy election for stakeholders.

What small accounting firms can do to move the needle on diversity, equity and inclusion.

Accounting leaders say the profession is largely vigilant amid the broader corporate backlash against diversity, equity and inclusion.

John Auchincloss will retire in September 2025 from the FAF. The search for his successor will begin immediately.

Bush & Associates, Barton, Crowe Hussain Chaudhury, KPMG India and RSM Brazil settled sanctions for violating PCAOB reporting requirements.