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Your Daily Accounting Briefing – 2024-05-19

1 min read
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Let’s see what’s in the news today.

Baker Tilly merges in Seiler

The Top 10 Firm based in Chicago is adding a Top 75 Firm headquartered in Redwood City, California in July, only a few months after receiving private equity funding.

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Senate votes to kill SEC crypto accounting rule

The crypto industry began its fight againstt he SEC in the courts, but has extended it onto a new field: the legislature.

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AICPA approves revised attestation standards

The American Institute of CPAs’ Auditing Standards Board voted to approve a set of revisions to the rules for attestation engagements to align them with the AICPA’s quality management standards.

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Taking a closer look at PCAOB standard AS 1000

PCAOB has adopted a significant new auditing standard, which aims to consolidate and clarify the foundational responsibilities of auditors.

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