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CRI Expands Into Oklahoma After Merger with Stanfield + O’Dell

CPA Practice

Top 25 accounting firm Carr, Riggs & Ingram (CRI) now has its first location in Oklahoma after combining with Tulsa-based Stanfield + O’Dell P.C. Expanding our footprint into Oklahoma has long been a part of our strategic growth plan,” said Bill Carr, CRI executive chairman and portfolio managing partner.

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Monday Morning Accounting News Brief: Capping Busy Season Hours FTW; Open the Books on Audit Firms? | 4.15.24

Going Concern

In response, the Public Company Accounting Oversight Board has drafted a rule that the accounting firms can have public trust or private financials—but they can’t have both. Public accounting firms operate in a unique space in our society. Regulations need to change to match. Right now, they don’t.

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State CPA Society News & Updates – June 2023

CPA Practice

The Delaware Society of Certified Public Accountants (DSCPA) is offering the Delaware Ethics for CPAs course. The Oklahoma Society of CPAs (OSCPA) provides details on SB 171 , which modernizes the process to sit for the CPA examination in Oklahoma.

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Friday Footnotes: Why Private Equity Loves the Profession; A Very Naughty KPMG Employee; WTF PwC Guy | 4.5.24

Going Concern

Private Equity Why private-equity investors see a target-rich environment in Chicago’s accounting biz [ Crain’s Chicago Business ] Isn’t “target-rich environment” what Overwatch’s Soldier 76 says when he pops his ult and proceeds to melt the entire enemy team? The 2021-22 audit was due to the state on Oct.

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REDW Joins Forces with Grove, Mueller & Swank

CPA Practice

Top 200 accounting firm REDW Advisors and CPAs added Salem, OR-based tax and accounting firm Grove, Mueller & Swank P.C. As part of the merger, REDW gains its first office in the Pacific Northwest, adding to its existing locations in Phoenix, Oklahoma City, and Albuquerque, NM.

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Friday Footnotes: Working Late; The Year of the ESOP?; It’s Not Layoffs, It’s “Repositioning” | 1.5.24

Going Concern

Big 4 Big Four Reshape Consulting Workforce, Strategy With Rare Layoffs [ Bloomberg Tax ] The Big Four accounting firms have leaned into their tech advisory work and data analytics services—areas ripe for revenue growth—as interest rates and the artificial intelligence boom reshaped demand for consulting services.

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Monday Morning Accounting News Brief: Deloitte Refutes a Demand Shift; Firm Data Breach; KPMG’s New AI Partner | 4.24.23

Going Concern

The study found that audit firms “are significantly more likely to remove” a partner from a continuing engagement when the partner issued an adverse internal control opinion in the previous year. Such problem is tied to the client-pay audit model, which critics say produces inherent conflicts of interest.

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