Finance

The acquisition of Australian fund manager Perpetual Ltd.'s wealth management business is in danger of collapsing after the deal was hit by an unexpected tax bill.

Accounting firms see private-equity funding as a welcome resource for further expansion, but many professionals wonder what the true cost of the money is.

Top 50 Firm UHY has received private equity funding from Summit Partners, the latest in a long line of accounting firms receiving PE financing.

Many private equity-backed firms at Accounting Today's PE Summit think that it absolutely can, along with much more.

Not everyone thinks PE is the 'greatest thing ever.' However, most agree it brought more positives than negatives.

The layoffs span the accounting firm's advisory, tax and audit businesses.

Plus, Deloitte releases four new accelerators on Workiva marketplace; KPMG invests $100 million in Google Cloud Alliance; and other accounting tech news.

PE brings a lot to accounting, but it's not for everyone, say experts at Accounting Today's PE Summit.

Aprio acquires Kirsch Kohn Bridge; Opsahl Dawson adds Hauser Jones & Sas; and Doeren Mayhew acquires BHT&D CPAs.

Carr, Riggs & Ingram and PKF O'Connor Davies separately announced they scored funding from investment firms.