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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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Another L For 150 Hours: Illinois Might Have Two New CPA Pathways Soon

Going Concern

Changes the definition of “CPA firm” to remove a reference to limited liability companies and to include professional limited liability companies. No worries, Illinois has a plan to address that concern: HB 2459 also establishes new requirements for out-of-state CPAs regarding practice privilege mobility.

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150 Hour Rule: Let’s Keep Arguing About What Color the Drapes Should Be While the House is Burning Down

Going Concern

Rather, how dueling factions within the profession are fighting for and against keeping it as the only option to CPA licensure. Companies, not just CPA firms, are struggling to fill senior accountant roles and jobs for accountants with three to five years of experience. This has been my challenge with Minnesota.

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Does the 150 Hour Rule Provide Value to the Profession or to Students as Future CPAs? No, Says Professor

Going Concern

Big 4 alum and professor of accounting and finance at the College of Saint Benedict and Saint John’s University in Minnesota Boz Bostrom has penned a piece for the MNCPA blog on why, in his opinion and supported by research, the 150 hour rule must change. This has been my challenge with Minnesota.

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

Going Concern

But until a deferral is confirmed, CPAs must consider which role they will serve for clients required to file when the CTA becomes effective. Things are about to get a lot harder for Minnesota CPAs and everyone who depends on them. Here’s why, and here’s why you should care.

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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.

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UHY Merges in Tama, Budaj & Raab, Botz Deal & Co.

CPA Practice

The top 30 accounting firm is expanding its presence in its home state of Michigan, as well as in Minnesota, by combining with two CPA firms, Tama, Budaj & Raab and Botz Deal & Co., effective Jan.