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Jackson Thornton Adds MST CPAs & Advisors

CPA Practice

Top 200 accounting firm Jackson Thornton acquired fellow Montgomery, AL-based firm MST CPAs & Advisors, effective March 1. Michael Shaw, MST provides consulting, tax, and accounting services to small and midsized businesses and nonprofit organizations throughout Central Alabama.

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BMSS Brings on CPA Firm Haddox Reid Eubank Betts

CPA Practice

Top 200 accounting firm BMSS Advisors & CPAs has combined with Haddox Reid Eubank Betts, a Ridgeland, MS-based CPA and advisory firm. Consolidated under the BMSS name, the combined firm has 32 partners and 125 CPAs for approximately 325 employees in total. Terms of the deal weren’t disclosed.

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AICPA Forms Advisory Group to Create Strategy to Address CPA Talent Shortage

CPA Practice

The American Institute of CPAs (AICPA) has formed an advisory group representing a broad spectrum of the accounting profession that will help shape a national strategy to address the profession’s talent shortage, including accounting students who go on to obtain a CPA license.

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Monday Morning Accounting News Brief: EY Embarrasses Itself (Again); Archaic IRS Tech; Partners Battle It Out | 2.27.23

Going Concern

In Australia, EY is still bungling this one up : EY accidentally leaked the personal details of current and former employees while trying to launch a massive review into the firm’s workplace culture. From FloQast : Six in ten (63%) U.K. From FloQast : Six in ten (63%) U.K.

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Monday Morning Accounting News Brief: EY Partners Banging the Client Again; Turnstile Data Shows Staff DGAF About RTO | 1.29.24

Going Concern

In the column he referenced this ancient document (August 1993) entitled “The case for non-CPA owners in CPA firms.” Do firms want non-CPAs to be part of the ownership ranks, or is this strictly a rhetorical question? ” You know how much I love my ancient documents! Let’s read a little bit.

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Monday Morning Accounting News Brief: Tax Fees Up, Coolness Still Down; | ‘Lavish’ ERC Mill Hit With a Lawsuit | 1.8.24

Going Concern

Here’s some news from the AICPA via CPA Journal : Firms had a strong fiscal 2022, but number of accounting majors drops sharply. Accounting firms had a good fiscal 2022 with median growth rate of 9.1% The AICPA looked at several key performance indicators of public accounting firms.

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Friday Footnotes: Accountants Are Into AI; KPMG Atlanta MP on ICE T; 150 Hour Inequity | 8.18.23

Going Concern

Million Verdict Over Negligent Tax Advice [ Bloomberg Tax ] PricewaterhouseCoopers LLP intends to appeal an Oregon state jury finding that the Big Four accounting firm owes more than $65 million to the former shareholders of a construction company for providing negligent tax advice. The firm will occupy the 14th floor for 10 years.

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