The rise of the billion-dollar firms

Watch the explosion in the number of CPA firms bringing in over $1 billion in revenue that has occurred in the 21st century, and more of today’s top stories.?

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The rise of the billion-dollar firms

For most of the history of modern accounting, you could count the number of billion-dollar CPA firms on the fingers of one hand — literally.

In other news today:

Court deals a blow to BOI reporting regime

The ruling further complicates an already complicated area — the law's mandate around beneficial ownership information reporting.

Taxes + wealth: 2 connected but still (for now) distinct fields are merging

Here's how some financial advisors have offered the two services for decades and why the rest of the industry may finally be catching on to the opportunity.

PCAOB bars Colorado firm from auditing

The Public Company Accounting Oversight Board revoked the registration of Gries & Associates and its founder, while imposing a $65,000 fine for violations that led to multiple financial restatements.

The year CAS took over

Are client advisory services the future of accounting?

Bill adds predictive insights to finops platform

Bill announced the addition of two new integrated features to its financial operations platform: Bill Insights and Bill Cash Flow Forecasting.