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Friday Footnotes: PwC Scandal Somehow Gets More Scandalous; Deloitte Denied in Court; Withum Embiggens in Florida | 11.8.24

Going Concern

PwC accused of interfering in Australian tax leaks probe [ Financial Times ] PwC has been accused of interfering in Australia’s political and regulatory affairs after documents revealed the Big Four accounting group warned its local firm against co-operating with investigations into a damaging tax leaks scandal without permission.

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Monday Morning Accounting News Brief: Accounting Firms Ditch Zoom Interviews; Mississippi’s Best CPA Exam Candidates | 8.28.23

Going Concern

Accounting firms across the pond are ditching Zoom interviews, writes Sunday Times : Zoom calls became the norm for business meetings during the pandemic — but accountancy firms, among the biggest graduate recruiters, are going back to face-to-face interviews when hiring, saying it is easier to assess candidates’ characters.

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Eide Bailly Forms Wealth Management Partnership With PE-Backed Sequoia Financial Group

CPA Practice

Top 20 accounting firm Eide Bailly has struck a deal with Akron, OH-based registered investment advisor Sequoia Financial Group, in which Sequoia Financial acquires Eide Bailly’s wealth management practice and Eide Bailly takes an equity stake in Sequoia. The firms expect the transaction to close in the fourth quarter.

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Eide Bailly and Apple Growth Partners to Join Forces Next Month

CPA Practice

One hundred and twenty-five staff and 24 partners from top 300 accounting firm Apple Growth Partners will join Fargo, ND-based Eide Bailly on June 24, expanding the top 20 firm’s footprint across the Great Lakes region. We could tell immediately that both firms really meant what we said and would be a great fit.”

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A Sub-$41 Million Firm We’ve Never Heard of Has Let Private Equity In

Going Concern

Is there a floor at which private equity won’t be interested in gobbling up a tiny tax shop? According to INSIDE Public Accounting , ATA will retain majority control and no leadership shakeups are expected. It appears this is the first accounting firm in their portfolio. Is PE going to buy up the entire top 200?

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ATA CPAs + Advisors Merges in Memphis Firm Whitehorn Tankersley & Davis

CPA Practice

Top 200 accounting firm ATA CPAs + Advisors has expanded its presence in western Tennessee after combining with Memphis-based Whitehorn Tankersley & Davis PLLC on Jan. With this merger, ATA now has 240 employees and 16 locations across four states—Tennessee, Arkansas, Kentucky, and Mississippi.

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Eliminate Manual Work and Accelerate Accounts Receivable

CPA Practice

See how top accounting firms have reduced Days Sales Outstanding (DSO) and saved time by modernizing their payment workflow. What you’ll discover: Learn strategies for enhancing efficiency at key touchpoints like engagement letters, invoice delivery, payment collection and reconciliation, and more.