Sharon Osbourne files to remove accountant as executor to Ozzy’s estate
Sharon Osbourne filed to remove Colin Newman, her late husband Ozzy’s long-term accountant, as an executor of the rock star’s estimated $100 million estate.
GASB proposes digitization of government financial statements
The Governmental Accounting Standards Board released a discussion memorandum on the design of the GASB-GAAP Taxonomy and digitization of government financial statements.
FASB releases standard for mutual fund fair value reporting
The update changes how investment companies such as mutual funds can measure the fair value of an equity security subject to a contractual sale restriction.
Ready to vibecode? Put the ‘Rise of the Builder’ era into practice in Melbourne
Recently, we shared how a new wave of advisors and business owners are taking customisation into their own hands using AI tools, Xero’s MCP Server, Lovable integrations, and XeroForce to build custom workflows without writing traditional code. Whether you’re running a practice or managing a growing business, the opportunity is the same: you can now …
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What Canada tariffs mean for your clients
Both the U.S. and Canada have increased tariffs across the border in recent weeks, ratcheting them as high as 50% — and businesses are caught in the middle.
In the blogs: Talking v. fighting
Appeals versus the Tax Court; fourth quarter tax projections; state budget planning; and other highlights from our favorite tax bloggers.
UHY expands in South Texas
UHY acquired Adamson & Company in Corpus Christi, Texas, continuing its streak of dealmaking activity.
Paystand agents now available
Paystand announced the general availability of its agentic finance suite, which brings AI agents into accounts receivable, spend management and reporting on its B2B payment network.
Hall expands into dental industry
Hall CPA, a firm focused on serving real estate investors, acquired Tooth & Coin, marking its first acquisition and expansion into the dental practice industry.
To our accountant and bookkeeper community
I wanted to reach out to you all personally, after the past week. A couple of unintended incidents happened, and while we worked quickly to resolve them, we recognise they had an impact on many of you. I wanted to acknowledge this and say something about where we go from here. As some of you …