PCAOB Sanctions Withum $2 million!

Most accounting firm leaders are not prepared for what is coming. AI, private equity, and constant regulatory shifts are accelerating commoditization across the profession, and the firms that survive will not be the ones with the cheapest hours or the slickest tech stack. In a new feature published today in Accounting Today, Drew Carrick, who...

The countdown is on. On December 15, 2025, the AICPA Quality Management Standards (SQMS Nos. 1 and 2) become effective. For sole practitioners and local or regional firms, the deadline is real and time is short. From our research and discovery calls, we know plenty of firms have already implemented, either on their own or with...

For anyone following our profession, it’s no surprise that there’s been a drastic drop in the number of college students graduating with a degree in accounting, further adding to the years-long decline in new CPAs. But there’s also a more acute problem at the other end of the pipeline, where many midlevel professionals are leaving...