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AICPA News – July 2025

CPA Practice

Mary Girsch-Bock AICPA News is a collection of recent news briefs from the American Institute of CPAs and the Chartered Institute of Management Accountants. companies who hold executive and senior management accounting roles. Only 27% now hold a favorable view of the U.S. territory of Guam and is awaiting approval.

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Professionals on the Move – July 2025

CPA Practice

Jason Bramwell Mergers and Acquisitions July 7, 2025  Ascend Adds Accounting Firms in New York, North Carolina Ascend has expanded its presence on the East Coast by adding two more accounting firms to its platform—Tronconi Segarra & Associates in Williamsville, NY, and BGW in Charlotte, NC—effective July 1.

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Tax Fraud Blotter: Negative waves

Accounting Today

of Fieldale, Virginia, was sentenced to 84 months in prison; his co-conspirator Daniel Heggins of Charlotte, North Carolina, was sentenced to 24 months. Roanoke, Virginia: Two men have been sentenced to prison for wire and tax fraud to obtain title to a $1.3 million home. Herman Estes Jr. In March 2023, Estes made a $1.3

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Friday Footnotes: PE-Backed Firm Gets Rid of CPA on Email Signatures?; Big 4 HR Bots; IRS Audits Way Down | 4.11.25

Going Concern

Salaries for accountants are starting to increase after lagging for years, experts said.

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Blue & Co. Expands Presence with New Office in Chattanooga, Tennessee

CPA Practice

Jason Bramwell Mergers and Acquisitions July 7, 2025  Sorren Adds Williams Overman Pierce in North Carolina Sorren, which formed last spring and is comprised of 13 accounting firms across the U.S., has added a 14th firm to its roster—Raleigh, NC-based Williams Overman Pierce.

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AICPA News – July 2024

CPA Practice

AICPA News is a collection of recent announcements from the American Institute of CPAs and the Chartered Institute of Management Accountants. Shortly before his passing, he became the first African American and youngest chair of the North Carolina Association of CPAs board of directors.

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Funding Round Could Give AvidXchange $2B Valuation

PYMNTS

Founded in 2000 by CEO Michael Praeger, the Charlotte, North Carolina-based firm provides software that automates payments, invoicing and accounting for small and mid-sized businesses (SMBs). The integration means banking customers will gain access to the AvidPay network for streamlined accounts payable (AP).