Finance

Here are 10 key consequences of this wave of investment and what you can do about them.

The Top 25 Firm based in New York acquired substantially all the assets of Barkin, Perren, Schwager & Dolan LLP, a firm based in Woodland Hills, California.

Platform Accounting adds AWG Wine Advisors; Earned acquires Schwartz & Schwartz; Prosperity Partners acquires Pipaya; and Gail Rosen joins RRBB.

Wipfli's infusion of private equity funding from New Mountain Capital promises to help the firm expand, while still retaining the partners' control over the firm.

The Top 20 Firm based in Milwaukee received a minority investment, making it the latest accounting firm to score private equity funding.

The International Ethics Standards Board for Accountants weighed in on private equity investment in accounting firms and ethical and independence concerns.

Finance teams shouldn't have to play expense police. The solution isn't more manual review — it's smarter integration and stronger ownership.

Top 10 Firm Grant Thornton added Auxis, which offers Latin American outsourcing, to its U.S.-based advisory practice, Grant Thornton Advisors.

On his retirement, the AICPA's Carl Peterson reflects on CPA licensure, technology for small practices, the impact of private equity, and more.

AI and AI agents will no doubt do a lot of work in a lot of industries in the very near future. But generative AI still carries the risk of creating incorrect or fabricated information.

Amid cost pressures, more than a third of finance leaders have paused at least some capital spending and cut costs in virtually all areas except for AI.

The Top 75 Firm based in Parsippany, New Jersey, has received a minority investment from Cobepa, the latest firm with a PE investment.

The Top 25 Firm is extending its outsourcing capabilities, particularly in the nonprofit and family office sectors.

The accounting sector is poised to undergo its greatest reshuffling in generations.

The PE-alternative Franklin Alliance acquired Robert Morris & Company in New Bloomfield, Pennsylvania, as it aims to create a platform of local CPA firms.

The Top 25 Firm based in New York is expanding to Richmond, Virginia, by combining with a firm with specialized tax services.

LMC merges in Stephen A. Kepniss & Associates; Sorren adds Williams Overman Pierce; and Alpine Mar acquires Elliot Melamed.

Top 50 Firm UHY added Cincinnati-based firm Flynn & Company, expanding its reach into Ohio.

Ascend added two more CPA firms: BGW in Charlotte, North Carolina, and Tronconi Segarra & Associates in Williamsville, New York, effective July 1.

Abbott, Stringham & Lynch launched a talent hub in Hyderabad, India, called ASL Global Advisors Private Limited on June 23.