Cherry Bekaert Acquires Calvetti Ferguson, Expanding Texas and Nashville Presence
Cherry Bekaert announced the acquisition of Calvetti Ferguson, a Houston‑based accounting and advisory firm with offices in Dallas/Fort Worth, San Antonio and Nashville. The deal adds four Texas locations and a Nashville office, expanding Cherry Bekaert’s middle‑market footprint and industry coverage in real estate, energy, private equity and financial services. Non‑attest assets will be absorbed by Cherry Bekaert Advisory LLC while attest assets go to Cherry Bekaert LLP, with the Calvetti Ferguson team rebranded under the Cherry Bekaert name. The integration aims to accelerate growth in Texas and the Mid‑South.
Gartner Says CFOs Gain a Competitive Advantages From Strategic AI Deployment, Not AI Spending Levels
Gartner’s latest research shows that CFOs who embed AI strategically across product, sales, marketing and customer growth achieve superior revenue, margin and return‑on‑capital results, while merely increasing AI spend does not guarantee better outcomes. In a study of 101 efficient‑growth...
Auditoria.AI Introduces Governed Autonomy for Enterprise Office of the CFO
Auditoria.AI unveiled Governed Autonomy, a framework that lets autonomous AI agents execute finance workflows within pre‑defined guardrails, eliminating the need for human approval on every transaction. The solution addresses the governance bottleneck identified by 46% of enterprises as a top...
Zone & Co Partners With Nixtla For TimeGPT Forecasting And Anomaly Detection
Zone & Co has partnered with Nixtla to embed Nixtla’s TimeGPT foundation model for time‑series directly into its ERP‑native financial platform. The integration delivers continuous anomaly detection for billing and usage and cash‑flow forecasting without requiring a data‑science stack. TimeGPT’s...
Sage Intacct Expands Automation Across Finance Systems
Sage announced a suite of new capabilities for its cloud‑based Sage Intacct platform, aimed at automating core finance workflows and extending AI integration. The May 2026 release adds AI‑driven 3‑Way Matching for accounts payable, Payment Reminders for receivables, Custom Approvals for purchasing,...
Paychex Launches WISE AI Platform
Paychex announced the Workforce Intelligence Strengthened by Expertise (WISE), an AI‑powered platform that deploys autonomous agents to execute HR tasks within customer‑defined workflows. The solution moves beyond static chatbots, offering agents that can schedule shifts, approve timesheets, and provide real‑time...
Businesses Say They Want to Hire, But Are Having Trouble Finding Qualified Talent
A Robert Half survey of over 250 U.S. small business leaders shows 76% remain confident about hiring this year, yet 47% find skilled talent harder to locate than a year ago and only 12% have the talent needed for critical...
Sales Grew in April Despite High Gas Prices and Sustained Inflation
Retail sales climbed for a seventh straight month in April, posting a 0.34% seasonally adjusted increase month‑over‑month and a 5.73% rise year‑over‑year, despite higher gasoline prices and lingering inflation. The NRF/CNBC Retail Monitor, which draws on anonymized credit‑card and debit‑card...
5 Tax Planning Moves to Make Due to the One Big Beautiful Bill Act
The One Big Beautiful Bill Act (OBBBA), signed in July 2025, reshapes 2026 tax planning by making lower individual rates permanent, boosting the state and local tax (SALT) deduction cap to $40,000, and adding temporary deductions for tips, overtime, seniors,...
FASB Publishes New Environmental Credit Standard
The Financial Accounting Standards Board released an Accounting Standards Update on May 19 that establishes GAAP guidance for accounting and disclosing environmental credits and related obligations. The ASU defines when credits are recognized as assets, differentiates compliance from non‑compliance credits for...
Abbott, Stringham & Lynch Adds Accounting Solutions Firm ArightCo
Abbott, Stringham & Lynch (ASL), a Silicon Valley CPA firm, announced the acquisition of San Jose‑based accounting solutions provider ArightCo. The deal, whose financial terms were not disclosed, adds ArightCo’s outsourced finance and accounting services to ASL’s portfolio. ArightCo, founded...
Ascend Brings Alabama-Based Jackson Thornton Into the Fold
Ascend, the Arlington‑based platform backed by Alpine Investors, has acquired Alabama accounting firm Jackson Thornton, adding 30 partners and more than 160 professionals. The deal, whose financial terms were not disclosed, marks Ascend’s second M&A this year after the January...
Got a Bonus at Work? Here’s What to Do First
The article outlines a step‑by‑step approach for handling work bonuses, urging readers to first eliminate high‑interest debt, then bolster emergency savings, followed by self‑investment, and finally a modest splurge. Financial experts recommend a 50/30/20 allocation—50% to savings or investments, 30%...
Caught in the Middle: Why Caregiving May Be Accounting’s Next Talent Crisis
The Accounting MOVE Project’s 2026 theme, “Caught in the Middle,” highlights caregiving as a growing talent risk for accountants at all career stages. Mid‑career professionals are juggling children, aging parents, or both, leading many to cut hours, forgo promotions, or...
TaxPlanIQ Presents Weekly Tax Strategy Hour for Tax Pros
TaxPlanIQ, a tax‑planning platform for advisory‑focused accounting firms, launched a free weekly virtual series called Strategy Hour. The sessions run Wednesdays from noon to 1 p.m. ET starting May 20 and each provides one CPE credit. Each week a specialist presents a...