Finance

Ascend's first investment is in Pacific Northwest firm Opsahl Dawson.

Using automated processes that link every department together can expand the scope of capabilities for both finance and accounting departments and the rest of the business's operations.

The venture capital firm will work with Ernst & Young on some of these audits and will increase budget allocations to help investee companies put governance guardrails in place.

Companies can alleviate some of the coming stress with proactive planning, processes and collaboration.

Allan Koltin envisions three scenarios for accounting firms going forward.

Plus Vic.ai raises money; Kyriba launches new receivables finance solution; and other updates from the accounting technology world.

A role that once squarely focused on financial performance management now includes ever-growing operational responsibilities.

Whitman Transition Advisors CEO Phil Whitman presented an update on the hot topic of private equity landscape at the Accountants Club of America.

The recent trend toward private equity firms rushing to buy or invest in accounting firms may have unexpected consequences.

With inflation at nearly a 40-year high, the Internal Revenue Service said interest rates will increase for the calendar quarter starting Jan. 1, 2023.

Choreo's agreement to buy the wealth management arm of a major accounting firm reflects how CPAs and other tax pros have emerged as a key focus area.

The independent investment advisory firm that spun off from RSM US earlier this year is buying Cherry Bekaert's wealth management business.

The Regional Leader received an undisclosed amount of funding from Broad Sky Partners.

Taking the prize in annual installments over 29 years, rather than all upfront, dramatically increases the windfall. Lottery victors with seven-figure winnings can also reduce their tax bill.

With strong revenues and plenty of work to do, firms are putting off critical changes, says consultant Allan Koltin.

Private equity firms have been doing more investment deals in the accounting profession lately, causing some firms to restructure their practices, and they've needed advice from law firms on how to set up their attest practices in a way that doesn't run afoul of regulators.

Baker Tilly US entered the Southwest by adding Henry+Horne; and EisnerAmper expanded to Southern California by merging in Lindsay & Brownell.

With private equity firms scouting the landscape, should accounting firms chart their own independent course?

The Top 20 Firm is expanding in Maryland in the latest in a string of M&A deals since receiving private equity funding.