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Here’s How Mid-Tier Accounting Firms Are Feeling About Private Equity and M&A

Going Concern

As mentioned in this week’s news brief, the Institute of Chartered Accountants in England and Wales (ICAEW) put together a snazzy little report on the state of mid-tier firms based on a survey of managing partners. Private Equity Move over talent, private equity is the profession’s hottest topic of 2024.

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AICPA News – June 2023

CPA Practice

million filings in 2024, and 5-6 million filings each year thereafter, with the potential for steep penalties for the taxpayer. The coalition includes the following organizations: AICPA Latino Tax Pros National Association of Black Accountants, Inc. It is estimated that there will be 32.6 in Ahmedabad, Gujarat, India.

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Monday Morning Accounting News Brief: EY Didn’t Have a Labor Permit; Deloitte Partners Allegedly Suffer But Not Really | 9.30.24

Going Concern

While EY had applied for the registration in February 2024, it was rejected because the company had not applied since 2007. They opened up testing centers all around India in 2020 and Philippines in 2024 and allowing people there without any US college credits to sit for exams.

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Monday Morning Accounting News Brief: Big 4 Firms Hate Going Concern (Warnings, That Is); Being a Whistleblower Blows | 5.20.24

Going Concern

PwC is facing legal action claiming the accountancy firm is liable for the alleged rape of a graduate employee following after-work drinks. Another batch of Big 4-affiliated firms in India have been smacked down by regulators for their close relationship with the multinational body. There were 8.5 million openings, down from 8.8

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AICPA News – July 2024

CPA Practice

AICPA News is a collection of recent announcements from the American Institute of CPAs and the Chartered Institute of Management Accountants. Congratulations to the following Recipients of the 2024 Outstanding Young CPA Award: Nicole DeRosa, CPA, MAcc, Wiss & Company LLP Shakor J.

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Friday Footnotes: Look What You Did, PwC; No Lakehouse This Year; India Wants Its Own Big 4 | 5.3.24

Going Concern

Many firms are seeing increased demand for their services and are navigating hybrid/remote teams, rapidly changing technology and are looking to hire more staff. Your answers can help guide the development of PCPS practice management resources designed to assist firms in meeting the ever-changing accounting firm landscape.

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Tuesday Morning Accounting News Brief: A New Kind of Audit Quality Report; Merger Mania; Skilled Talent, Not Newbies | 5.28.24

Going Concern

The local news in Cincinnati covered this strategic move : One of Greater Cincinnati’s largest accounting firms is being acquired by an Indianapolis company. Blue Ash-based tax, advisory and audit firm Cassady Schiller CPAs & Advisors will become part of Katz, Sapper & Miller in a transaction that will be completed May 31.

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