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Latest News & Web Pages
Fractional CFO firm gets minority investment
25+ min ago (232+ words) This investment bolsters the competition for accounting firms that offer similar outsourced CFO services. CFO Selections serves business and nonprofits across Washington, Oregon, Colorado and Texas with a team of more than 250 employees. It provides fractional CFO and controller services,…...
The future of the accounting workforce
1+ hour, 36+ min ago (899+ words) While concerns remain about the profession's pipeline of new accountants, Cathy Moy, chief people officer at BDO USA, sees plenty of ways to keep it full -- and to make sure it meets firms' demands for all kinds of talent. Transcription…...
IRS taxpayer panel recommends changes in notices, forms, tools
2+ day, 15+ hour ago (253+ words) The Internal Revenue Service's outside Taxpayer Advocacy Panel issued its annual report Friday calling for improvements and greater clarity in notices, forms, publications and more after a year of drastic downsizing at the IRS. Last year, the various project committees…...
Accounting Today calls for Top Firms by AUM for 2026
2+ day, 16+ hour ago (262+ words) Accounting Today is in the midst of collecting submissions for its 2026 ranking of the Top Firms by AUM. Now in its twentieth year, the Wealth Magnets report from Accounting Today ranks CPA firms involved in financial planning by assets under…...
Tech news: Diligent touts AI Board Member and Agentic GRC Workforce
2+ day, 17+ hour ago (137+ words) Diligent touts AI Board Member and Agentic GRC Workforce; Gusto announces 75 new features; Infinite Ties launches new Fan CAS-Kit; and other accounting tech news and updates. Cohn Reznick opens seventh California office and adds international tax partner; Aprio appoints real…...
Bettors on Kalshi now see Warsh likely confirmed by mid-May after DOJ drops Powell probe
2+ day, 22+ hour ago (288+ words) Odds that Kevin Warsh will be confirmed as chairman of the Federal Reserve in less than a month from now surged on prediction markets platform Kalshi after the Department of Justice said Friday it was dropping its inquiry into current…...
Bessent defends U. S. dollar swap lines as Iran war harms global finances
2+ day, 21+ hour ago (553+ words) Treasury Secretary Scott Bessent on Friday defended the possibility of the U. S. participating in currency swaps with allies in the Persian Gulf and Asia who are seeking financial backstops due to the Iran war. Discussions with those countries about U. S. dollar swap…...
Nuclear reactor company X-energy shares surge 34% as AI drives interest in the industry its IPO
2+ day, 21+ hour ago (408+ words) Advanced nuclear reactor company X-energy began trading Friday as the AI boom and electrification broadly spark a flurry of interest in the nuclear industry. The stock opened at $30. 11, after upsizing its initial offering, pricing at $23 per share " ahead of the…...
On the move: Maillie names next MP
2+ day, 21+ hour ago (124+ words) Cohn Reznick opens seventh California office and adds international tax partner; Aprio appoints real estate industry leader; and more news from across the profession." Tech-forward CPA firms have found that effective vendor vetting requires a systemic and intentional approach grounded…...
Hedge fund collapse sparks global hunt for almost $600 M
2+ day, 18+ hour ago (875+ words) David Choi's hedge fund seemed too good to pass up, with Mars FX US LP posting annual gains that averaged 19% and zero monthly losses. In the end, it was too good to be true. Federal prosecutors, the FBI, U. S. regulators and…...