News
Accounting Firm Value Is in the Eye of the Beholder
2+ day, 19+ hour ago (1245+ words) By Ira S. Rosenbloom, Chief Operating Executive, Optimum Strategies Every CPA firm leader eventually confronts the same question: What is my firm really worth? It's a deceptively simple question'one that often reveals more about perception and priorities than about balance sheets…...
CPA Firm Client Relationship Growth Risks
6+ day, 16+ hour ago (533+ words) During COVID, over six years ago, most accounting and advisory firms had so much business they couldn't keep up. Any growth was mainly reactive; proactive, strategic growth wasn't a high priority. Today, the landscape around growth couldn't be more different....
Grant Thornton Launches GTAP Audit Platform
1+ week, 2+ day ago (228+ words) Chicago-based IPA 100 firm Grant Thornton (FY24 net revenue of $2. 37 billion) has launched gtap, a proprietary cloud-based audit infrastructure designed to transform audit delivery across the firm's U. S. Audit & Assurance practice. Grant Thornton said it will initially deploy gtap for private company audits…...
Lutz Announces Redemption of Mark Duren's Shares
1+ week, 2+ day ago (188+ words) Omaha, Neb. -based IPA 100 firm Lutz (FY24 net revenue of $85. 3 million) has announced the redemption of shares held by longtime leader Mark Duren, who will continue serving the firm in a consulting role focused on client strategy and mentoring future leaders....
KSM Admits Ashley Marcuccilli as Tax Partner
1+ week, 3+ day ago (221+ words) Indianapolis-based IPA 100 firm Katz, Sapper & Miller (FY24 net revenue of $166. 0 million) has admitted Ashley Marcuccilli as a tax partner in its business advisory group. Based in Fort Wayne, Marcuccilli will provide tax compliance and consulting services to a range of clients,…...
Cohn Reznick Names Justin Ricketts Chief Technology Officer
1+ week, 3+ day ago (167+ words) New York-based IPA 100 firm Cohn Reznick LLP (FY24 net revenue of $1. 15 billion) has named Justin Ricketts as chief technology officer. Based in Dallas, Ricketts will focus on accelerating the firm's technology strategy, enhancing digital capabilities and delivering client-centric solutions to support…...
IPA Data Dive: Staffing Ratios Shift After Years of Running Lean
1+ week, 3+ day ago (202+ words) For nearly a decade, accounting firms increased leverage by expanding the number of professionals relative to administrative staff. That trend peaked in 2022, when firms reached an average of 6. 5 professionals for every administrative role. The strategy was clear: maximize billable capacity....
Eisner Amper Names Global Tax Technology Leader
1+ week, 5+ day ago (201+ words) Eisner Amper Names Ramya Bala Global Tax Technology Leader'Inside Public Accounting Eisner Amper Names Ramya Bala Global Tax Technology Leader New York-based IPA 100 firm Eisner Advisory Group LLC (FY24 net revenue of $1. 02 billion) has named Ramya Bala as global tax technology…...
HBK CPAs & Consultants Adds BB&K in Tampa
1+ week, 6+ day ago (282+ words) Inside Public Accounting HBK CPAs & Consultants Adds BB&K in Tampa Canfield, Ohio-based HBK CPAs & Consultants has added Tampa-based Brimmer, Burek and Keelan LLP, expanding its Florida footprint. The combination, effective May 1, establishes a stronger presence for HBK CPAs & Consultants…...
Cohn Reznick Admits Brett Long as Assurance Partner
2+ week, 2+ day ago (200+ words) Inside Public Accounting Cohn Reznick Admits Brett Long as Assurance Partner New York-based IPA 100 firm Cohn Reznick LLP (FY25 net revenue of $1. 15 billion) has admitted Brett Long as an assurance partner in the firm's commercial real estate industry practice. Long brings…...