Finance

Automation and collaboration platform Fieldguide announced it has closed on $17 million in Series A funding at a $100 million valuation.

The past year raises a number of questions for the next 12 months.

Accounting firms are beginning to realize the value of this form of offshoring for solving staff shortages and much more.

Warren Averett became the latest accounting firm to receive capital from a private equity or investment firm, but in this case the money will go to the firm’s asset management subsidiary.

The Internal Revenue Service provided detailed reporting directions Wednesday for certain passthrough entities and taxpayers reporting partnership interests held in connection with the performance of services, often referred to as “carried interest.”

Midsized to large CPA firms may be considering a private equity transaction, but there is much to be considered beforehand.

Accounting Today mourns the loss of our longtime columnist Dom Esposito. In this column, he and consultant Tony Zecca write about the trend of private equity firms investing in CPA firms.

Private equity firms are increasing their funding of accounting firms in a pair of deals announced this week, with Lightyear Capital partnering with Schellman & Co., and CVC Capital Partners investing in CFGI.

Two of the most generous tax loopholes are on the chopping block, the latest surprise in emerging tax increases.

The company plans to expand its enterprise offering and release additional AI capabilities for U.S. and European customers.