Michael Cohn

Ceterus, a Charleston, S.C., firm that provides managed bookkeeping and tax services for quick-service restaurants, has acquired Sandwich Math, an accounting and bookkeeping firm that focuses on sandwich restaurant franchises.

Ernst & Young has appointed Kelly Grier as US chairman and managing partner-elect, as well as Americas Area managing partner-elect, succeeding Steve Howe, who has run EY’s U.S. firm since 2006.

BDO reported Thursday its global revenues grew 8 percent to $8.1 billion in fiscal year 2017 across its network of firms as its headcount grew 9.04 percent.

Private sector employers added 190,000 jobs in November, according to payroll giant ADP, as the economy continues to strengthen.

Wipfli LLP has expanded its presence in its hometown of Milwaukee by adding Sattell, Johnson, Appel & Co., the second Milwaukee firm it has merged with in the past 12 months.

Accounting standard-setters are tweaking the rules for the standards taking effect in the next few years, according to officials.

Paychex reported the ninth consecutive month of declines in small business job growth for November, with wages also falling slightly.

Gettry Marcus CPA, P.C., a Long Island firm based in Woodbury, N.Y., has added JM CPA LLP, a firm based in New York City, effective Dec. 1, 2017.

Taxpayers can expect many of their cherished deductions for charitable contributions, family members, and state and local taxes to go away under the Senate tax reform legislation.

The Securities and Exchange Commission has charged the auditing firm Anton & Chia and several of its officials with fraud, accusing the Newport Beach, Calif.-based firm of conducting flawed audits and reviews of financial statements while violating securities laws.

Officials with the Securities and Exchange Commission are keeping a close watch on how companies are adjusting to the new revenue recognition and leasing standards.

The Public Company Accounting Oversight Board has released staff guidance on the new audit reporting standard and is hosting webinars to help auditors with preparing the new reports.

CBIZ and Mayer Hoffman McCann have acquired McKay & Carnahan, Inc., a firm based in Newport Beach, Calif., effective Dec. 1, 2017.

Mark Kronforst, chief accountant of the Securities and Exchange Commission’s Division of Corporation Finance, plans to leave the SEC early next month.

Firms are combining forces in New York, California, Maryland and Virginia.

RSM International has launched RSM Canada, with 37 partners and nearly 300 professionals in Toronto, with plans to extend its reach across the country.

As if the Republican tax reform plan wasn’t bad enough already for taxpayers, the latest scheme to win over more votes of a precarious Senate majority involves adding a “trigger” to raise certain taxes if there isn’t enough economic growth to cover the $1.4 trillion cost of the bill, though the Senate's parliamentarian appears to have just shot down that proposal.

The Internal Revenue Service has issued a notice providing more time for partnerships, real estate mortgage investment conduits and some other types of businesses to file their returns.

Share prices continue to decline steeply after public companies file for an extension with the Securities and Exchange Commission on their financial statements, according to a new academic study.

The American Institute of CPAs’ Auditing Standards Board has released three exposure drafts proposing ways to improve the usefulness of the auditor’s report, in response to recent standards from the Public Company Accounting Oversight Board and the International Auditing and Assurance Standards Board.