Finance

The American Institute of CPAs is planning to revise its independence rules amid the wave of private equity investments in accounting firms.

New models and best practices are being created for establishing and managing a remote team.

The mandate to pause all federal loans and grants has reverberated across the country, from tiny nonprofits to sprawling health agencies.

AP-focused financial automation platform Stampli announced the release of an AI-driven procure-to-pay solution that works through dynamic conversations with the system itself.

Carr, Riggs & Ingram, a Top 25 Firm based in Enterprise, Alabama, has added CapinCrouse, a Regional Leader based in Indianapolis, effective Jan. 17, 2025.

The company has acquired JustPerform, a cloud-native enterprise performance management suite

Rochester, New York-based Insero Advisors has received a strategic investment from Rallyday Partners, to accelerate the firm's growth.

Springline Advisory, a financial and advisory firm backed by the private equity firm Trinity Hunt Partners, has partnered with South Florida-based Fiske.

Seth Siegel, CEO of Top 10 Firm Grant Thornton, announced he is stepping down from his position after 30 years with the firm.

F&A has evolved from a number-crunching function to a strategic and consultative one, safeguarding assets, streamlining operations and influencing future growth.

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.

UHY is growing its presence in Michigan and Missouri by combining with two firms: Tama, Budaj & Raab and Botz Deal & Co.

The combination brings together two members of the Grant Thornton International network.

In 2024, private equity money flooded the accounting M&A market, but next year will bring other changes.

The additions bring the total number of firms that have joined the Utah-based company this year to 12.

AI accounting platform Basis' Series A funding round included former Treasury Secretary Larry Summers and officials from Google and OpenAI.

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

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

The private equity-backed firm invested in HM&M Advisory, based in Dallas, and Clark, Raymond & Co. in Redmond, Washington.