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Dean Dorton Acquires DeRosa

 Accounting and consulting firm Dean Dorton has acquired ERP software reseller DeRosa Mangold Consulting. Terms were not disclosed.

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Intuit Laying Off 1,800

Intuit is laying off 1,800 employees, about 10 percent of its workforce, the company said this week. In addition, Intuit is reducing the number of those at the director of above level by about 10 percent.

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AICPA Awards $691,000 in Scholarship

American Institute of CPAs Foundation has awarded $691,000 in academic scholarships to 127 students through the AICPA Legacy Scholars Program.

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Intuit Seeks Council Members

Intuit is seeking members for its Partner Council with applications open through July 12.

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Qvinci Issues Summer Release

 Qvinci has issued its Summer 2024 release of its financial, planning and analysis software. 

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AAM Names Marketing Winners

 The Association for Accounting Marketings has honored 16 firms in 10 categories for their working in marketing.

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CPA Helped in $14.5M Fraudulent Loans

 A CPA based in Detroit, Mich., has pleaded guilty to seeking $14.5 million in fraudulent loans from the Paycheck Protection Program. 

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Avantax Names Firm of Year

Avantax Planning Partners has named its Erpelding, Voigt & Co as Firm of the Year. The honor was one of many presented at the financial planning company’s 27th annual APP Elevate Conference.

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QB Changes Bookkeeping Service

Intuit has changed the name and processes involved with its QuickBooks Live Assisted Bookkeeping service. The program will now be called to QuickBooks Live Expert Assisted.

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Sikich Nabs $250M PE Investment

Accounting firm Sikich has received a $250-million minority investment from Bain Capital.  It is the latest in a series of private equity investments in accounting firms.

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