Intuit announced a host of new upgrades and capacities in Intuit Enterprise Suite and QuickBooks Online Advanced made specifically for mid-market entities. Processing Content Chief among them is the availability of Intuit Intelligence — first introduced late last year — across the entire mid-market portfolio, which now comes with Intuit
CPE compliance solutions provider LCvista announced it has acquired CPA license management solutions provider CPA QualityPro, making it the only accounting-specific platform that combines expertise and data across CPE, learning, licensure, and mobility. As part of the transaction, LCvista’s lead investor, Polaris Growth Fund (PGF), has increased its investment in
The rollout of New York City Mayor Zohran Mamdani’s new pied-à-terre tax was temporarily blocked by a state court judge on Staten Island. Processing Content Justice Wayne Ozzi on Monday issued a restraining order against the city in a lawsuit filed last week by a group of homeowners. The judge
When accounting professionals hear the term “offshoring,” India frequently comes to mind. Or perhaps the Philippines or Mexico. But Argentina is quickly becoming a promising offshoring destination, not just for the accounting industry, but for technology and other back-office services. I’m optimistic about Argentina because it offers several benefits that
Just over half of accountants report being “highly satisfied” with their jobs, according to an ongoing survey — and perhaps just as important, the sources of dissatisfaction in the profession are becoming clearer and clearer. The preliminary results of the 3rd Annual CPA Career Satisfaction Survey, which were released at
Thanks to its June expansion into the Pacific Northwest, Utah-based Sadler Gibb & Associates brought on the most new Securities and Exchange Commission audit clients in the second quarter. Processing Content The Salt Lake City firm added Spokane, Washington-based Assure CPAs at the start of the summer, which brought 11
If you’re considering entering a market or introducing a new service in one, you’ve no doubt perfected your offering, fusing industry insight with technical proficiency. What could possibly go wrong? Processing Content Plenty. Especially if you aren’t as rigorous at understanding potential buyer markets as you are at creating that
Baker Tilly has dropped plans for a roughly $3 billion leveraged loan that was intended to refinance private credit debt and fund a dividend, according to people familiar with the matter. Processing Content The accounting services firm, owned by Hellman & Friedman and Valeas Capital Partners, held meetings with investors
A recent poll we conducted revealed that 80% of firms said their advisory services were more profitable than compliance, and 67% said advisory was a high or critical priority. Processing Content You’ve likely also heard that advisory will be the high ground that remains after automation filters through the profession.
The accounting-firm M&A market has changed significantly over the past several years. Buyers are no longer simply purchasing a book of tax returns or applying a standard multiple to gross revenue. They are looking for durable, transferable cash flow and a business that can continue growing after the owner leaves.