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Latest Articles
M&A deal terms must be about more than price and payout
3+ hour, 16+ min ago (873+ words) With all the capital that private equity and other sources are investing in the CPA firm world, it is easy to be romanced into joining the parade of sellers looking to take money off the table. Dealmaking is heavily weighted…...
Grant Thornton to acquire CBIZ for $5B
3+ hour, 16+ min ago (416+ words) Grant Thornton will acquire CBIZ in an all-cash $5 billion deal. Upon the transaction's expected closing in the fourth quarter of this year, Grant Thornton is expected to become the fifth-largest firm with more than $5 billion in domestic revenue and $7.5 billion…...
Senate committee drafts wide-ranging tax administration bill
22+ hour, 10+ min ago (506+ words) The Senate Finance Committee released a so-called "Chairman's Mark" of the Taxpayer Assistance and Service Act ahead of a markup hearing Thursday of a sprawling bipartisan bill that would add new requirements for the Internal Revenue Service as well as…...
44 states are aligned on one thing in their fight against prediction markets. It's about sports wagering
1+ day, 3+ hour ago (550+ words) A coalition of 44 state attorneys general wrote in a letter to the Commodity Futures Trading Commission on Monday that the agency doesn't have the power to regulate sports-related event contracts on prediction market platforms. The letter was sent as the…...
What language are you speaking to your clients?
1+ day, 1+ hour ago (408+ words) I'm currently reading a book called "Shape" by a professor named Jordan Ellenberg. It's taking a long time because I have to stop every few minutes to shout at the book, and physically restrain myself from hurling my Kindle across…...
Private equity dealmakers are shunning big firms to go it alone
1+ day, 4+ hour ago (1365+ words) Pitching an institutional investor on a single private equity deal rather than a diversified fund was long deemed the sign of a buyout newcomer or a struggling rainmaker. But now firms that take the single-deal approach — known in the industry…...
Clients value human relationships over AI efficiencies
1+ day, 21+ hour ago (612+ words) Anxious accountants can take a deep breath, as recent data shows that human clients do not especially crave a 100% AI-led experience versus one where human accountants use AI to provide better service. Indeed, there are many circumstances where most would…...
Tech News: Bizora announces advisory group
5+ day, 2+ hour ago (125+ words) Bizora announces advisory group, will sign off on opinions; Paylocity launches Ignite AI for automation, insights; ContinuServe upgrades combine Quartrro, ContinuServe and USWired; and other accounting tech news. Plus, JLK Rosenberger names a new MP; Crowe appoints a global growth…...
AI slop is flooding the cost segregation industry
5+ day, 4+ hour ago (360+ words) Consider what that opening invites. Nothing in a $500 study confirms the client owns what is being depreciated. The field has no open repository of studies and no third-party check between what an owner claims and what gets deducted. The bar…...
Greenshoe adds continuous monitoring for changes in SEC disclosures
5+ day, 22+ hour ago (335+ words) Greenshoe, an SEC disclosure and reporting solutions provider, announced its new continuous monitoring feature that allows public companies to discover and react to disclosure changes throughout the year, as opposed to the few times a year they file. The new…...