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Platform Accounting Group gets $85M funding round

Accounting Today

The Utah-based company that invests in and acquires small accounting firms has received an $85 million minority funding round to support its expansion.

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Do Accounting Firms Care if You’re On Drugs? Part III

Going Concern

12 years ago my former colleague Caleb Newquist published a post titled “Do Accounting Firms Care if You’re On Drugs?” The reason I am updating this ancient post is because it seems “do Big 4 firms drug test?” In summation: Do Big 4 firms drug test? NO, probably not. Probably not.

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Accountants Aren’t the Most Concerned About AI’s Impact—Except in One State

CPA Practice

Coming on the heels of a Moss Adams study that revealed 69% of accountants believe artificial intelligence has a positive impact on the accounting profession, a new report from AI customer support company DevRev found that accountants don’t fear AI advancements the most among professionals in the U.S.

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Grant Thornton and Five Other Firms Got Coal in Their Stockings From the PCAOB

Going Concern

The PCAOB added six audit firms —three international, including a KPMG affiliate, and three in the U.S., The firm also has to let the PCAOB know that it knows the disciplinary proceeding has been concluded. KCCW Accountancy Corp. – $20,000 civil money penalty and censure. including Grant Thornton—to its 2022 naughty list on Dec.

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NDH Advisors Acquires Houston CPA Firm Jain & Jain

CPA Practice

NDH Advisors has acquired Houston-based CPA firm Jain & Jain—the second transaction the Chicago accounting business has made in as many months. NDH’s first foray into M&A was last November when it acquired Leawood, KS-based tax and accounting firm Stratus Group. Terms of the deal weren’t disclosed.

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5 Common Ways That Legacy Technology Puts Your Firm at Risk

CPA Practice

While every industry has outliers when it comes to technology adoption, i.e. adoption that is either faster or slower than the median for a particular group, historically, the accounting profession has trended toward inertia when it comes to making technology changes.

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Professionals on the Move – Dec. 2023

CPA Practice

Johnny Welborn, Texas Elite 25 Teresa Barton, Utah Jeri Beckham, Texas Frank Calise, Ariz. Teresa Barton, Utah Farooq Bawa, Ill. Amie Fuller, Utah Michelle Gillespie, Pa. He earned his bachelor’s degree in business administration from the Principia College and completed accounting courses at the University of Missouri (St.

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