Plus, EY announces new software development model; SAP touts new integrations, features for Concur; and other accounting tech news and updates.
Category: NYT Accounting News
Moss Adams spins off wealth management unit
The unit will now be renamed Threadline Wealth, backed by investment from the Cynosure Group, and have $5.8 billion in client assets under management
Tax Fraud Blotter: A ghost of a chance
GI series; On the eve of redemption; telecom con; and other highlights of recent tax cases.
REDW adds HR consulting agency
The Top 100 Firm acquired human resources consulting agency Soaring Bird Solutions, expanding its ability to serve tribal nations and tribal enterprises.
Accounting and tax staff worry AI threatens jobs
Finance, accounting and tax employees are feeling more threatened about their job prospects due to the rising use of artificial intelligence by employers, according to a new survey.
BDO faces investor lawsuit that could impact other firms
The yearslong lawsuit involves the investors in a defunct hedge fund who sued the auditing firm for negligence, breach of contract and breach of fiduciary duty.
Springline adds SD Mayer Advisory
The Top 100 Firm acquired SD Mayer Advisory, expanding its presence on the West Coast.
IRS extends relief for crypto brokers
The IRS issued a notice extending temporary relief for another year on using alternative methods for brokers of digital assets, such as cryptocurrency.
KPMG names next global chairman, CEO
KPMG International elected Gary Wingrove as its next global chairman and CEO, succeeding Bill Thomas in a four-year term, effective Oct. 1, 2026.
How CPAs can build relevance with continuous upskilling
Today, we all have an opportunity to move beyond a compliance exercise measured in credit hours and embrace CPE as a strategic engine that drives innovation.