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Friday Footnotes: CPAs Disappearing From CPA Firms; Grant Thornton Tries to Win Grant Thornton | 7.11.25

Going Concern

state auditor whose job is to uncover financial fraud accused of financial fraud himself [ CBS News New York ] A state auditor whose job was, in part, to uncover financial fraud is now accused of committing financial fraud himself. Otieno worked for the New York state comptroller.

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Elliott Davis takes PE investment

Accounting Today

As is common among many accounting firms taking PE capital, Elliott Davis will operate in an alternative practice structure. Elliott Davis, a licensed CPA firm, will continue to provide attest services. It was founded in 2005 and has offices in Chicago and New York. Flexpoint Ford , with $8.2

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Armanino Adds Strategic Accounting Outsourced Solutions

CPA Practice

Both firms share a commitment to growth grounded in client success and creating solutions designed to solve mission-critical challenges, making for a strong cultural alignment and an easy decision to come together,” he said. Jason Bramwell Mergers and Acquisitions July 16, 2025  Welch & Co.

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M&A roundup: Meaden & Moore; Platform Accounting expand

Accounting Today

Madison Street Advisors offers tax planning and preparation, focusing on audit mitigation strategies and reduction of audit profiles. Its team of attorneys, CPAs, and enrolled agents represents clients in disputes with the IRS and state agencies. Last month, Platform added AKM Advisors , a firm based in New York.

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Armanino merges in SAOS

Accounting Today

In May, Armanino expanded into Utah by adding Cooper Savas LLC , a CPA firm based in Salt Lake City. In February of this year, Armanino acquired Boca Raton, Florida-based ERP and technology consulting firm Complete Business Solutions. Following the deal, Armanino adopted an alternative practice structure.

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Sax scores private equity investment

Accounting Today

EDT 3 Min Read Facebook Twitter LinkedIn Email Sax, a Top 75 Firm based in Parsippany, New Jersey, has received a minority investment from Cobepa, a private equity firm with offices in Brussels and New York, the latest firm to receive a PE investment. billion fund. "I

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Grant Thornton US Strikes a Deal With … Grant Thornton in Ireland

CPA Practice

The deal, which is expected to close sometime in the first quarter of 2025, will be backed by an investor group led by New Mountain Capital, a private equity firm headquartered in New York City that bought a significant stake in Chicago-based Grant Thornton US in a transaction that was completed this past May.

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