Top 50 Firm HBK is getting an investment from H.I.G. Capital, expected to close in the fourth quarter of 2026.
Category: NYT Accounting News
Melio launches expense management, testing client admin AI
Melio, which Xero bought last year, will expand into expense management and open up its payment API, allowing anyone to access its payment capacities. They are also testing a client admin AI.
Xerocon 2026: JAX AI aims to automate admin work
Xero announced a wide variety of AI enhancements centered around its agentic system JAX.
Xerocon 2026: CEO promises OpenAI, MS365 integrations
Xero CEO Sukhinder Singh Cassidy, at the Xerocon event in Denver, announced new integrations with OpenAI, as well as deepened Microsoft integrations.
What successful M&A looks like
The 2026 Fastest-Growing Firms rely heavily on mergers and acquisitions — and they’ve worked hard to develop strong playbooks.
Boomer’s Blueprint: ‘Human in the lead’ means redesigning firms
With artificial intelligence, a ‘human in the loop’ is a speed bump; a ‘human in the lead’ is a leadership model.
Sax Wealth Advisors adds Florida wealth manager
The acquisition helps expand Sax Wealth Advisors’ presence in the Sunshine State and continues its M&A streak this year.
IRS chief blasted for employee treatment
The top Democrat on the House Ways and Means Committee says IRS employees have suffered since the agency unilaterally ended its union contract.
Accounting staff departures can lead to turmoil
Rapid turnover among accounting employees could be a sign of future financial reporting problems, according to a new study.
On the move: AICPA names new VP of communications
Plus, FAF names the next FASB chair; Boomer recognizes its 2026 Visionaries; and other firm and personnel news from across the profession.