CPA Practice

MARCH 6, 2024

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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CPA Practice

JANUARY 17, 2024

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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CPA Practice

JULY 31, 2023

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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Going Concern

FEBRUARY 27, 2023

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.

Technology 105

Technology Account accountant accounted 105

Going Concern

AUGUST 25, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. The accounting industry is in a state of transition. The influx of private equity, labor shortages, and remote/hybrid work have all impacted accounting firms to varying degrees.

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Going Concern

JANUARY 29, 2024

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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Going Concern

JANUARY 8, 2024

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.

Tax 105

Tax Account accountant accounted 105