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Citing Rising Costs, Accounting Firms Plan to Increase Fees in 2025

Going Concern

By embracing fixed-fee and value-based pricing, firms are positioning themselves to cover rising costs and enhance their client relationships, offering the clarity and value that build long-term trust. It sure took them long enough to get the memo.

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FASB Tackles Plans to Update Software Cost Accounting Guidance

CPA Practice

The FASB encourages stakeholders to review and provide comments on the proposed ASU by Jan. 27, 2025.

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IMA Expands Its Management Accounting Competency Framework

CPA Practice

The IMA Management Accounting Competency Framework outlines the skills required by the most common accounting and finance roles , such as CFO, controller, treasurer, financial analyst, director of cost accounting, senior accountants, and staff accountant.

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Does My Accounting Software Meet DCAA Compliance?

Accounting Seed

Instead, DCAA audits check if your organization meets: Federal Acquisition Regulation (FAR) Cost Accounting Standards (CAS) And other government rules. You must verify your financial management meets DCAA standards regarding financial data security and accountability.

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M&A roundup: Platform, Earned, Prosperity and RRBB expand

Accounting Today

AWG Wine Advisors offers accounting, bookkeeping, tax planning and preparation services, focusing on the winery industry. It also offers full-service, outsourced controller or fractional CFO services, along with managing wine inventory and bulk wine cost accounting.

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Massachusetts Unveils $7M Annual Tax Credit for Live Theater Productions

Withum

Independent CPA Review A key component of this program is the accountant’s Cost Accounting Report, which ensures transparency, accountability, and compliance with state guidelines. This process is a formal evaluation of a production’s financial records.

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Monday Morning Accounting News Brief: PwC Busy Setting Up Offices in India; Governor Disses a CPA Licensing Bill | 7.28.25

Going Concern

Forvis Mazars put together some info on what the Cost Accounting Standards Board has been up to in case that’s of use to any of you: The Cost Accounting Standards (CAS) Board convened on July 2, 2025 to advance its ongoing efforts to modernize federal cost accounting rules and align them more closely with commercial practices.

CPA