Between the pandemic, aging CPA firm owners and staffing tensions, many in the accounting profession anticipate a huge uptick in firm mergers and acquisitions over the next 24 months.

Two Pennsylvania firms are combining forces.

While conventional wisdom tells us that bigger is better, that’s plain and simple nonsense when it comes to midsized CPA firms and a convenient excuse for less than stellar growth by a firm’s partner group.

Hancock Askew adds S. Mark Hand; Baratz & Associates merges in Robin, Kramer & Green; and DMJ acquires Roberson CPA Firm.

Business Licenses provides software and services for the research, acquisition and management of business licenses, registrations and permits for businesses of all sizes.

The Atlanta-based Top 100 Firm has merged in WSW.

The agreement between Camico and CPA Mutual to transfer the Accountants Professional Liability Insurance Program to Camico represents the collaboration of two mutual insurance companies, both founded by CPAs, to provide customized liability insurance to CPAs.

The Top 50 Firm is adding Rossi LLP, effective Nov. 1.

The Financial Accounting Standards Board has released a staff educational paper offering an overview of the accounting guidance for debt restructurings and modifications.

The deal expands BDO’s presence in the Baltimore, Northern Virginia and Washington, D.C., area.