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

Going Concern

Public Accounting Trends Data Reveals The CPA License Is Losing Ground [ INSIDE Public Accounting ] The CPA credential remains a cornerstone of the profession, but new data indicate its prominence is steadily declining. Between 2020 and 2024, the average percentage of staff holding CPA licenses across all firms dropped from 56.0

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Professionals on the Move – June 2025, Part II

CPA Practice

CohnReznick Brings on Managing Director Walker to Lead Data & AI Practice New York, NY CohnReznick, a leading professional services firm, recently announced that Melissa (Mel) Walker has joined as Managing Director – Data & AI Practice Leader. Thanks for reading CPA Practice Advisor! Walker earned a B.S.

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Friday Footnotes: The Profession’s Ethics Dilemma; Co-Pilot Called Out in Court For Calculations; Audit Uncovers File Called ‘Twilight Zone’ | 10.18.24

Going Concern

has entered into an agreement to be acquired by New York-based professional services firm Citrin Cooperman. SEC’s Dropped Auditing Charges Shows Damage of Jarkesy Decision [ Bloomberg Law ] The Securities and Exchange Commission’s recent decision to drop misconduct charges against a handful of auditors proves the SEC v.

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Monday Morning Accounting News Brief: It’s Not Just You, People Really Are Getting Dumber; EY Partners Getting the Axe | 3.17.25

Going Concern

EY issued an internal control warning on a client : UBS’s auditors have expressed an “adverse opinion” on the bank’s internal controls over its financial reporting for 2024 after it failed to resolve issues related to misstatements inherited from Credit Suisse, the Swiss lender said on Monday.

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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. Following the deal, Armanino adopted an alternative practice structure. In February of this year, Armanino acquired Boca Raton, Florida-based ERP and technology consulting firm Complete Business Solutions.

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On the move: HCVT hired CAS co-leader

Accounting Today

CANADA CPA Canada and FP Canada, Toronto, signed a new memorandum of understanding to enhance collaboration between the accounting and financial planning professions, offering professional accountants who are part of CPA Canada opportunities to enhance their credentials, along with improved access to FP Canada courses and conferences.

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Monday Morning Accounting News Brief: PwC Clients Ask For an AI Discount; Big 4 Firms Losing Hundreds of Partners | 6.30.25

Going Concern

Meanwhile, at PwC UK : PwC is planning to cut about 175 junior auditors in the UK and has told other staff that pay rises will be lower this year, as the Big Four firm grapples with tougher market conditions. Two more states have embraced alternate pathways to the CPA , bringing the total to almost two dozen.