News
Haefele Flanagan strengthens nonprofit practice
1+ hour, 24+ min ago (131+ words) Haefele Flanagan announced on Feb. 19 it acquired Mig Murphy Sistrom, strengthening its nonprofit practice. Top 10 Firm BDO USA added 10 new clients at the end of 2025, almost all from its November acquisition of Top 100 Firm Horne. Building an advisory practice in…...
Global trade confusion returns as Trump overhauls tariff toolkit
1+ hour, 55+ min ago (1292+ words) The Supreme Court's nixing of President Donald Trump's "reciprocal" tariffs is throwing fresh confusion over the raft of trade deals negotiated by global partners as the inescapable reality of ongoing levies remains a threat. The European Union is poised Monday…...
The new frontier of stablecoin reporting
2+ hour, 27+ min ago (571+ words) New reporting frameworks and regulations around stablecoins are coming thick and fast; in this episode, two experts from the AICPA, Di Krupica and Jeff Trent, discuss the new rules and what they mean for accountants and their clients. Glad to…...
BDO adds most new SEC clients in Q4
2+ hour, 37+ min ago (367+ words) BDO USA's November 2025 acquisition of Mississippi-based Top 100 Firm Horne helped it bring on the most new Securities and Exchange Commission audit clients in the fourth quarter of the year. Nine of the Top 10 Firm's 10 new clients came from Horne, in…...
Trump pegs new tariffs to a payments crisis experts doubt
7+ hour, 25+ min ago (1308+ words) With his move to impose new global tariffs, President Donald Trump isn't just trying to repair a trade policy dismantled by a Supreme Court rebuke. He's also declaring the world's largest economy is facing a profound balance-of-payments crisis. The potential…...
SEC plans changes on audit and accounting requirements
2+ day, 20+ hour ago (331+ words) The Securities and Exchange Commission is making extensive changes in the auditing and accounting fields as it continues to deregulate and shows greater openness to cryptocurrency investing in the Trump administration." However, Moloney acknowledged that many companies and investors would…...
Advisory services: Pruning for growth
2+ day, 23+ hour ago (1418+ words) As rapidly developing technologies automate audit, bookkeeping and tax tasks " fundamentally changing the foundation of the profession " accountants need to transition their firms from compliance shops to advisory shops in order to not become obsolete. The key? Pruning clients. If…...
Trump's global tariffs struck down by Supreme Court
3+ day, 47+ min ago (550+ words) The U.S. Supreme Court struck down President Donald Trump's sweeping global tariffs, undercutting his signature economic policy and delivering his biggest legal defeat since he returned to the White House. Voting 6-3, the court said Trump exceeded his authority by invoking a…...
On the move: EY names new Cincinnati office MP
3+ day, 2+ hour ago (100+ words) Ascend names first-ever COO and REDW first-ever CFO; Prager Metis promotes four to principal; and more news from across the profession." No-brainer; kicking back; up against the wall and other highlights of recent tax cases. Platform Accounting Group acquired Smeriglio…...
Supreme Court rules against Trump tariffs, preserving Congress's tax power
3+ day, 4+ hour ago (670+ words) The Supreme Court ruled Friday in a landmark 6-3 decision against President Trump's sweeping imposition of tariffs under emergency authority, with Chief Justice John Roberts citing Congress's authority to levy taxes and tariffs. The case involves Trump's use of the International…...