The Profession News from Accounting Today

The Big Four firm has acquired certain assets of boutique firm Trust Processing Solutions, based in Cincinnati.

Wiss hosts third annual summer financial literacy program; Schneider Downs adds five shareholders; and more news from across the profession.

Meaden & Moore acquires ChainRing Advisors; Platform Accounting expands in Chicago.

A joint report by the AICPA and Chartered Professional Accountants Canada said the rapid rise of AI opens up opportunities to provide independent assurance.

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.

The American Institute of CPAs hopes to smooth the Trump administration's move away from paper tax refunds at the Internal Revenue Service.

New FICPA chair begins tenure; Blue & Co. opens new office in Chattanooga; and more news from across the profession.

The American Institute of CPAs' Auditing Standards Board is looking for feedback on a proposed standard updating auditors' responsibilities related to fraud.

North Carolina Gov. Josh Stein signed into law a bill that adds an additional pathway to CPA licensure, effective Jan. 1, 2026.

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.

The Senate made adjustments to preserve the state and local tax deduction for pass-through entities such as accounting firms.

ICPAS bestows 2025 Lifetime Achievement Award; UHY appoints first chief growth officer; and more news from across the profession.

Baker Tilly, based in Chicago, is making its latest big deal, announcing its intention to acquire KraftCPAs PLLC, a Regional Leader based in Nashville.

Cloud accounting platform Xero announced it will acquire payments solution provider Melio.

The Top 50 Firm in St. Louis is expanding its presence in the Nashville market.

Here are the most important lessons about integrating artificial intelligence into accounting education.

The Institute of Management Accountants is expanding its competency framework for accounting and financial professionals.