Auditing
Which Firm Had the Most IPO Audit Clients in Q4 2023?
A top midtier accounting firm ended 2023 by having the most new initial public offering audit clients in the fourth quarter with six.
Jason Bramwell
Jason Bramwell is senior staff writer for CPA Practice Advisor. He has nearly 25 years of professional writing experience, the last nine covering the accounting profession. He most recently was a staff writer and editor at Going Concern, and he previously spent five years as a staff writer and editor at AccountingWEB. He can be reached by email at jbramwell@cpapracticeadvisor.com.
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Firm Management
The Bonadio Group Adds 11 New Partners
The top 50 firm promoted 11 to partner across its Rochester, Capital, Western New York, and Central New York regions on Jan. 1.
Firm Management
PKF O'Connor Davies Elevates 19 to Partner
The top 30 accounting firm, based in Harrison, NY, announced its 2024 new partner class on Jan. 16.
Taxes
IRS System Upgrades Delay E-Filing for Some Tax-Exempt Organizations
The IRS said on Thursday that tax-exempt groups won't be able to e-file Form 990-T or Form 1120-POL until March 17.
Firm Management
Citrin Cooperman Adds NYC Business Software Consulting Firm
The addition of Mibar broadens Citrin Cooperman's advisory service offerings and enhances the firm's position in the market.
Artificial Intelligence
Accountants Aren't the Most Concerned About AI's Impact—Except in One State
DevRev analyzed online search data for terms relating to a list of careers to determine the top five jobs in America with AI anxiety.
Firm Management
RS&F Acquires Mister, Burton & Associates in Maryland
As part of the acquisition, MBA's employees, including six partners and directors, joined Rosen, Sapperstein and Friedlander Jan. 1.
Firm Management
BMSS Brings on CPA Firm Haddox Reid Eubank Betts
Consolidated under the BMSS name, the combined firm has 32 partners and 125 CPAs for approximately 325 total employees.
Firm Management
Sikich Promotes 12 to Partnership
The Naperville, IL-based top 30 accounting firm has a dozen new partners, all of whom started their new roles on Jan. 1.
Firm Management
Marcum Merges in Federman, Lally & Remis in Connecticut
The deal bolsters Marcum's team in New England's automotive and food and beverage sectors, adding five partners and 12 associates.
Taxes
IRS Provides Initial Guidance on Employee PLESAs
IRS Notice 2024-22 provides employers insight on the anti-abuse rules regarding pension-linked emergency savings accounts.
Firm Management
Prager Metis Merges in Goldsmith Molis & Gray
The top 60 accounting firm has expanded its presence in North Carolina by combining with Asheville-based GM&G.