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Baker Tilly and Moss Adams Are Combining to Create a Private Equity-Fueled Behemoth

Going Concern

Naturally, WSJ had the full scoop : Accounting firms Baker Tilly and Moss Adams agreed to merge in a deal valued at roughly $7 billion, which would make it the largest firm in the industry to be partly owned by private-equity investors. The combined firm, which would be the sixth-biggest accounting firm in the U.S.,

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Friday Footnotes: Private Equity DGAF; Controllers Reflect on Their Future Skill Set; PCAOB Does Something | 9.27.24

Going Concern

Providing the capital necessary to fund the retirement plans of the profession’s baby boomer and Gen X partners has been a major reason that accounting firms are turning to private equity — but that in itself will bring structural changes that make it easier to hold all members of the partner group accountable.

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Carbon Accounting Frequently Asked Questions (FAQs)

Cherry Bekaert

Carbon Accounting and Reporting is a critical component of Environmental, Social, and Governance (ESG) and ideally should be handled by a CPA or accounting firm. Carbon accounting is a quantitative, compliance-heavy reporting exercise that requires detailed recordkeeping that must be verifiable.

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Ensuring Climate ESG Auditing Excellence: How Your Trusted Accounting Partner Makes the Difference

Withum

In fact, a Center for Audit Quality (CAQ) analysis found that 90% of US companies that trusted their non-financial auditing to a publicly traded auditor used the same firm for their financial auditing. Firstly, auditing has always been one of the cornerstone services of accounting firms.

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The Technology Lab Podcast – Trends in Accounting Practice Management – Oct. 2023

CPA Practice

Technologists Randy Johnston and Brian Tankersley, CPA, discuss the latest trends in practice management for accounting firms. And so I think just like if you were gonna buy a new car today, you’d have a lot of new options that didn’t exist 2030 years ago. And I think a lot of firms don’t want to work on their processes.