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BDO USA to Set Up ESOP

 BDO USA plans to establish an Employee Stock Ownership Plan and the accounting firm said this week that it will be one of the largest ESOPs in the country when it becomes effective at the end of this month.

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Intuit’s Chriss to Head PayPal

 Alex Chriss, who has led Intuit’s small business organization, has been named the next CEO of PayPal. Chriss succeeds longtime PayPal CEO Dan Schulman on September 27.

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AICPA Updates Digital Practice Aid

 The American Institute of CPAs has added to its material on auditing to its practice aid for accounting and auditing of digital assets. Accounting For and Auditing of Digital Assets provides nonauthoritative guidance on the topic under GAAP for nongovernmental entities and GAAS. 

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AICPA Offers Planning Tool Kit 

 The PCPS Strategy Planning Toolkit has been introduced by the American Institute of CPAs. Free for a limited time, it is designed to assist accounting firms in business model transformation.

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Sikich Names CPA Leaders

Accounting firm Sikich has named Richard Lynch and Antony Nettleton as managing partners of its CPA business. It also named market leaders to succeed the two.

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FreshBooks Launches Accountant Portal

 FreshBooks has introduced the AccountantHub, a free portal for accountants for use in managing client information and accounts.

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Wilson: Admins to Solve Staffing Woes

 Using administrative staff and enriching their jobs can be a valuable tool for alleviating staffing shortages, according to Jennifer Lee Wilson, partner and co-founder of Convergence Coaching.

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Grant Hires PE Biz Leaders

 Grant Thornton says it is expanded its private capabilities with the hiring of two individuals to lead its Value Creation Planning services offering. The accounting firm has hired William McManus and Alex Arata to serve its private equity clients.

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Paycor Intros Job Description Tool

 Paycor HCM has released its Job Descriptions tool, which is designed speed talent acquisition by sourcing high-quality and diverse candidates the descriptions.

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AuditDashboard Debuts Insights

 Insights by AuditDashboard has been introduced as part of the company’s 2023 Spring Release. The new feature enables users to visualize all active engagements on a timeline.

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