Nidec shares slide amid accounting probe
Another downgrade by Moody’s hit the manufacturer of mini motors’ stock price.
New York signs licensure changes into law
Empire State Gov. Kathy Hochul signed a bill into law that will create an additional pathway to CPA licensure — the latest state to pass changes to licensure requirements.
Announcing the Global App Award Winners
We’re thrilled to announce the winners of the 2025 Global App Awards! These awards are designed to shine a spotlight on the most innovative and impactful apps within the Xero app ecosystem. It’s a huge honour for our app partners and an invaluable guide for small businesses and advisors looking for trusted, highly rated solutions. …
IRS says it’s back to normal, post-shutdown
Staff have begun working through the backlog of correspondence and messages, and are expected to begin reaching out to tax pros and taxpayers soon.
Staying independent in the age of private equity
It’s more than possible for firms to forego private equity investment — but it requires serious planning and discipline.
Intuit partners with OpenAI on ChatGPT apps
Intuit has announced a multiyear partnership with OpenAI to develop branded finance apps that can be accessed directly within ChatGPT, a deal worth over $100 million.
On the move: Big Four LA leaders beautify city
Financial Accounting Foundation appoints new trustees; MGO business management professionals awarded industry accolades; and more news from across the profession.
Sax acquires SCL Consulting
Top 75 Firm Sax acquired SCL Consulting in Maryland, effective Nov. 14, 2025, strengthening its client advisory services and growing its Mid-Atlantic footprint.
Tech News: KPMG hails ISO 42001 certification
Plus, Schellman becomes the first U.S.-based body for MTCS certification; Intuit launches partnerships with Cherry Bekaert, Rehmann; and other accounting tech news.
Teaching tax policy: What the OBBBA means for young professionals
The One Big Beautiful Bill Act offers a striking example of how policy design can favor businesses over individual taxpayers, particularly young professionals.