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News
Private equity dealmakers are shunning big firms to go it alone
1+ mon, 2+ week 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…...
Boomer launches tax, audit communities
4+ mon, 1+ week ago (243+ words) Boomer Consulting created two new peer communities for tax and audit leaders. Boomers' Tax Leader Circle and Audit Leader Circle aim to promote collaboration among firm leaders on challenges facing the profession, such as artificial intelligence, managing capacity, implementing value-based…...
In the blogs: It's a gut punch
5+ mon, 3+ week ago (170+ words) Up in smoke; contingency planning; disaster strikes; and other highlights from our favorite tax bloggers. It's a gut punch Par for the course And then there were eight Auvenir, an accounting and compliance technology provider founded as a Deloitte venture,…...
Turkey to hire EY for landmark privatization deal
7+ mon, 1+ week ago (404+ words) Turkey hired Ernst & Young LLP to lead a multibillion-dollar privatization of two landmark Istanbul bridges and a string of highways, according to people familiar with the matter. The London-based firm will advise the government on the sale of operating rights…...
Mandelson appeared to leak UK government tax info to Epstein
7+ mon, 1+ week ago (614+ words) Documents released by the Department of Justice appear to show that Peter Mandelson leaked sensitive U.K. government emails to disgraced financier Jeffrey Epstein while serving as a minister. According to the files, Mandelson forwarded internal Downing Street emails about tax policy…...
RSM US and UK agree on transatlantic partnership
10+ mon, 3+ week ago (209+ words) The partners of RSM US and RSM UK approved a new transatlantic partnership structure in a nearly unanimous vote, effective Jan. 1, 2026, in the latest sign of global consolidation among Top 10 Firms. However, both firms plan to remain independent members of…...