The Profession News from Accounting Today

The institute is asking lawmakers to change provisions on SALT deductions for pass-through entities, contingency fees for tax prep, and business loss carryforwards.

KPMG anoints next management committee; Ryan forms Tariff Task Force; and more news from across the profession.

The cloud ERP provider has been acquired by a private equity firm that specializes in enterprise software, data and technology-enabled businesses.

Firm owners looking at succession must look at future state needs, not just current ones.

Consolidation, when done right and with clients and people at the forefront, is not about sacrificing quality for profit.

Peterson will retire on June 30 after serving as vice president of small firm interests at the American Institute of CPAs for 11 years.

Grant Thornton names heads of health care, asset management and energy; CohnReznick hires data and AI practice leader; and more news from across the profession.

The Top 25 Firm is growing its presence in the Pacific Northwest by adding a firm based in Edmonds, Washington, effective June 2, 2025.

The American Institute of CPAs is asking accountants to call on congressional representatives to stop "unfair targeting" of pass-throughs like CPA firms.

With private equity backing, Grant Thornton Advisors is rapidly expanding its international platform.

INCPAS hosts leadership event; KNAV welcomes new partner; and more news from across the profession.

The New Jersey Society of CPAs is proposing an additional pathway to obtain CPA licensure, supporting a bill that would modify New Jersey's Accountancy Act.

Top 25 Firm Armanino has added Salt Lake City-based Cooper Savas.

The Top 75 Firm based in Atlanta is expanding into Greenville, South Carolina, effective June 1, 2025.

The American Institute of CPAs is concerned about a provision in the tax reconciliation bill limiting deductibility of state and local taxes paid by firms.

The American Institute of CPAs and National Association of State Boards of Accountancy OK'd model legislation providing an alternative path to a CPA license.

Valuations this year; handling interviewees; AI and accounting ed.; and other highlights from our favorite tax bloggers.

The Chartered Institute of Management Accountants updated its CGMA Professional Qualifications Syllabus for 2026 to emphasize finance business partnering and applied problem solving.

The Financial Accounting Standards Board released an update to improve the requirements for identifying the accounting acquirer in business combinations.

Approximately three-quarters of large global companies are receiving assurance services on their sustainability reporting, according to a new report.