Running a Firm (782)

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QB Large Firm Council Launches

Committeee meetingIntuit has formed a new group to represent large accounting firms. The company said six individuals have become the inaugural members of its Large Firm Accountant Council, which addesses the company's QuickBooks platform.

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Exam Cheats Cost EY $100M

CheatingThe SEC has socked Ernst & Young  with a civil money penalty of $100 million for cheating by hundreds of audit staffers on CPE courses, including sections about ethics. This was the second major episode of exam cheating in the last 10 years with the other round costing EY $50 million.

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ACIPA Seeks CPA Exam Comments

 feedback mailboxThe American Institute of CPAs is asking for feedback on the Exposure Draft of the new design of the Uniform CPA Examination. Comments are being sought through September 30, the AICPA said this week.

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IRS Issues Jump as CPA Concerns

IRS againDealing with the Internal Revenue Service has become an increasing concern for CPA firms, according to a survey by the American Institute of CPAs and CIMA. That resulted from frustration with dealing with the IRS was the top challenge of firms with 10 or fewer professionals.

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Wave Getting New CEO

Wave Financial, which markets small business accounting software, is changing CEOs effective July 1. CEO and cofounder, Kirk Simpson, is stepping down after 15 years in the position.Khoja Zahir

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CapinCrouse Names Three Partners

Sharrett LoganCapinCrouse, an Indianapolis, Ind.-based CPA firm, has named three partners. The firm, which specializes in working with nonprofit clients, has promoted Daren Daiga, Chris Purnell, and Logan Sharrett to partner effective this month.

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MACPA Names Brown CEO

Brown Rebecca The Maryland Association of CPAs has named staff member Rebekah J. Brown, CPA, as its next president and CEO. She will succeed Jackie Brown, who is retiring on June 30.

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IRS Names CI Deputy Chief

Ficco GuyThe Internal Revenue Service has named Guy Ficco as its next deputy chief for IRS Criminal Investigation. He takes over on July 15 from Jim Robnett, who is retiring after 36 years of IRS service, of which 28 years were with IRS-CI.

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Faw Casson Names Partner

Kahn KeithFaw Casson has named Keith S. Kahn, CPA, CFE, as a partner this month. Kahn’s primary focus areas are audits and attestation services for nonprofits, privately held corporations and employee benefit plans.

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AICPA Releases Quality Mgmt Standards

 QualityFour new quality management standards have been released by the American Institute of CPAs. The standards are effective Dec. 15, 2025.

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