KPMG faces allegations of blown audit in private credit collapse
Canada's top securities regulator alleged that KPMG failed to properly value the loans held within funds, harming investors.

EY tells US tax staff to work from office three days a week
Staff in the accounting and consulting firm's U.S. tax business will be required to work on the premises or at a client site 12 days a month from July 1.

Private sector added 62K jobs in March
Private sector employers added 62,000 jobs in March, payroll giant ADP reported, as annual pay grew 4.5% year over year.

New app allows local firms to swipe right on potential buyers
With all the M&A activity in public accounting today, buyers and sellers alike will benefit from Cringe, a new agentic AI matchmaking app,

Boomer's Blueprint: Building a purpose that attracts talent and clients
Let me guess what's on your firm's website right now:

4M Trump accounts created so far
Over a million tax-favored accounts are eligible for a $1,000 contribution by the government.

Kenji Kuramoto, founder of Acuity, joins Basis
Basis announced the appointment of Kenji Kuramoto, founder of Acuity, which last year merged with 13 other firms to form Sorren, as its managing partner in residence.

PCAOB chair lays out new priorities
Public Company Accounting Oversight Board chairman Demetrios Logothetis outlined the board's strategic plans for the next five years, and asked for stakeholder input.

CPA: Be aware of both functional and technical AI risk
While AI controls are important, organizations should not pursue one-size-fits-all blanket applications, especially when differentiating between matters of governance versus technology.

In the blogs: Off to the races
March Madness; one ringy-dingy; trouble with tariffs; and other highlights from our favorite tax bloggers.