Mya Nguyen

Blue & Co. Expands into Detroit Market through Merger with Mellen, Smith, and Pivoz

Top 60 accounting firm Blue & Co. has announced its expansion into the Detroit market through a merger with Mellen, Smith, and Pivoz (MS&P), effective November 1. The Carmel, Indiana-based firm, known for its expertise in tax, assurance, and consulting services, gains a strong foothold in Michigan with this move, adding three new partners—Jason Pivoz, […]

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Industry News & Announcements

Leadership Transition at Whitley Penn: New CEO and COO Announced

Whitley Penn, a prominent Fort Worth, Texas-based firm, has announced a leadership transition effective January 1. Larry Autrey, who has served as CEO for over 20 years, will step down from the role and take on the position of Executive Chairman. Nathen McEown, currently the Partner-in-Charge (PIC) of consulting and Chief Growth Officer, has been

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Industry News & Announcements

Opportunities Open for Valuation Leaders to Join IVSC Technical Standards Boards

The International Valuation Standards Council (IVSC) is inviting applications for positions on its Technical Standards Boards. These positions offer valuation professionals an opportunity to contribute to the development and oversight of international valuation standards, a critical aspect of the global valuation community. Applications are open until December 16, 2024. IVSC’s Standards Boards include the Standards

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Industry News & Announcements

Three Ways AI is Transforming Valuation Firms

Artificial intelligence (AI) is increasingly essential for valuation and accounting firms looking to streamline operations and improve service offerings. Firm partners and owners can leverage AI across multiple areas to boost efficiency, accuracy, and client engagement. Here’s a closer look at six AI-driven strategies that are transforming how firms operate and serve clients. 1. Enhanced

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Technical Resources

Forvis Mazars Expands in Florida with Acquisition of MSL

In a continued trend of consolidation among professional service firms, Forvis Mazars has announced the acquisition of Florida-based MSL, P.A., effective November 1. This acquisition strengthens Forvis Mazars’ presence in Florida, adding new offices in Orlando, Fort Lauderdale, and Tallahassee. The deal, whose financial terms were not disclosed, aligns with Forvis Mazars’ strategic growth plan

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Industry News & Announcements

Finance Executives Embrace AI to Enhance Corporate Reporting

The 2024 EY Global Corporate Reporting Survey reveals a growing trend among finance leaders: turning to Artificial Intelligence (AI) to address concerns about data integrity and reliability in corporate reporting. This shift comes as businesses face increasing pressure to provide accurate financial and nonfinancial disclosures. Key Survey Findings The Promise of AI in Corporate Reporting

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Industry News & Announcements

Economic Uncertainty Drives Staffing Challenges for SMBs: Insights for Valuation Professionals

As business valuation professionals, understanding the current economic landscape and its impact on small and medium-sized businesses (SMBs) is crucial. Recent findings from CBIZ’s Fall 2024 Main Street Index reveal significant staffing challenges faced by SMBs, which have important implications for valuation practices. Key Findings Strategies Adopted by SMBs To address these challenges, SMBs are

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Firm Management

Intuit Launches AI-Driven Enterprise Suite for Mid-Market Business Growth

Intuit has launched its new Intuit Enterprise Suite, an AI-driven, scalable financial management platform aimed at mid-market businesses with complex needs. This integrated suite is designed to streamline financial processes, enhance productivity, and support profitable growth, making it an attractive option for businesses managing multiple entities and seeking comprehensive solutions. Key features of Intuit Enterprise

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Industry News & Announcements

Gusto Introduces ‘Gus’ AI Assistant to Empower Small Business Owners

Payroll solutions provider Gusto has launched “Gus,” an AI-driven assistant developed to simplify daily operations for small business owners, helping them save time, access personalized insights, and make smarter decisions. As an integrated feature on the Gusto platform, Gus is poised to streamline a range of business management tasks, from compliance queries to employee management,

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Technical Resources

How AI is Revolutionizing Fraud Detection in Forensic Accounting

As the financial landscape grows increasingly complex, forensic accountants are facing mounting challenges in detecting and preventing fraud. Traditional auditing and investigation methods, while effective in some cases, often fall short in covering the sheer volume and complexity of today’s financial data. Enter artificial intelligence (AI), an emerging tool in forensic accounting that offers new

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Technical Resources