Accounting News & Newsletter

Marshall & Stevens Buys Baumann Moreau to Expand Litigation Support

Firm Growth

Nov 15, 2026

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2 min read

Marshall & Stevens Buys Baumann Moreau to Expand Litigation Support

Audit

PCAOB Splits Enforcement Into Five Specialized Units

Nov 15, 2026

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PCAOB Splits Enforcement Into Five Specialized Units

The new structure gives fraud risk, AI use, global networks, smaller firms, and international cases their own teams.

Larry Olson

Audit

AICPA Wants to Cut SOC 2 Common Criteria From 33 to 20

Nov 15, 2026

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AICPA Wants to Cut SOC 2 Common Criteria From 33 to 20

The proposed 2027 framework would untangle SOC 2 from COSO, spread AI across the control model, and make long reports easier to use.

Hannah Olsen

Audit

Nov 15, 2026

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PCAOB Fines MGO $500,000 Over Failed Biotech Audit

The regulator also sanctioned two partners after the client received a clean opinion, then filed for bankruptcy five months later.

Emily Asher

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Tax Regulation

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IRS & Regulation

IRS Collected $5.6 Trillion as the Average Tax Rate Fell

The agency says collections rose nearly 5% while the overall rate slipped to 12.6%, but the figures cover different periods and measures.

Hannah Olsen

Nov 15, 2026

Tax

Prediction Market Wins May Not Get Capital Gains Tax Treatment

A yes-or-no contract can look like an investment, a wager or a regulated contract, and each label changes how gains and losses move through a tax return.

Emily Asher

Nov 14, 2026

IRS & Regulation

IRS Lets Tax Pros Pay Business Clients' Tax Bills Online

The Tax Pro Account now handles five business payment types, including federal tax deposits, without sending the client to a separate payment screen.

Larry Olson

Nov 14, 2026

Firm Growth & Technology

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Firm Growth

Marshall & Stevens Buys Baumann Moreau to Expand Litigation Support

The private equity-backed advisory firm gains a Tampa team focused on forensic accounting and expert witness work.

Emily Asher

Nov 15, 2026

Firm Growth

Numica Raises $21 Million to Buy Small Accounting Firms

The roll-up has bought seven practices and says its own AI platform can handle routine work without breaking client relationships.

Larry Olson

Nov 15, 2026

Recruiting & Retention

Accounting Firms Are Turning Play Into a Retention Tool

From ping pong tables to Costa Rica retreats, leading firms are making morale a year-round operating habit.

Hannah Olsen

Nov 14, 2026