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Transforming tax preparation: How SurePrep revolutionized this CPA firm

ThomsonReuters

What began as a test drive during the off-season evolved into SurePrep becoming a foundational part of this firm’s tax workflow and a catalyst for smarter, more scalable operations.

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Abdo LLP Merges In Minnesota Accounting Firm HG&K

CPA Practice

Abdo LLP, a leading full-service accounting and advisory firm based in Minnesota, announced today that HG&K, Ltd. has merged with the firm. The newly combined firm will continue to operate under the Abdo name, with shared values, brand, and vision.

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Friday Footnotes: Bob Moritz Disappoints Us; ERC Window Slamming Shut; 2024 Sucks For Firms? | 3.22.24

Going Concern

Top Remote Accountants of the Week | March 21, 2024 Practice The worst of times: Issues in accounting in 2024 [ Accounting Today ] It’s a great time to run an accounting firm — except for how hard it is. Things are about to get a lot harder for Minnesota CPAs and everyone who depends on them.

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Friday Footnotes: Tim Ryan Works Too Hard; Fake CPA Gets Violent Over QuickBooks Files; PwC PR | 10.20.23

Going Concern

TowerBrook and Eisner plan to continue acquiring regional accounting firms or partnerships. The strategic acquisition also encompasses Mueller dotKonnect, a business process outsourcing firm specializing in finance, accounting, tax and payroll functions. It also marks the firm’s fifth office location in the South.

CPA
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Friday Footnotes: PwC Isn’t Getting a Redemption; Just Say No to NOCLAR; Oh, Layoffs? | 3.15.24

Going Concern

EY’s new boss shuffles leadership roles and plans cost cuts [ Financial Times ] EY’s new boss Janet Truncale has set out her leadership team for the Big Four accounting firm, moving an architect of its failed split from his executive role and signalling plans to cut costs across the global firm. Seven percent are not sure.

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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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Wealth Management Firm Buys BerganKDV in ‘First of Its Kind’ Deal

CPA Practice

A wealth management firm, which had more than $210 billion in combined assets under management and advisement as of Dec. 31, 2022, went shopping recently and bought itself one of the 100 largest accounting firms in the U.S. 3 on Barron’s Top 100 Registered Investment Advisor Firms for 2022 , acquired St.