ICPAS names 39 internship prep program scholars
The Illinois CPA Society named 39 students to the Mary T. Washington Wylie Internship Preparation Program Scholars.

Springline adds Christy Paddock Advisors
The Top 100 Firm based in Dallas has acquired an Indianapolis firm that specializes in fractional CFO and financial advisory services.

Cherry Bekaert acquires Tarsus
The Top 25 Firm is buying an advisory firm based in Washington, D.C., that specializes in outsourced accounting solutions.

PKF O'Connor Davies acquires Topping Kessler
The Top 25 Firm based in New York is expanding its presence in the Sunshine State by buying a firm in Hollywood, Florida.

Smith + Howard buys Bauknight Pietras & Stormer
The Top 100 Firm based in Atlanta has acquired one of the largest locally owned public accounting firms in South Carolina.

AICPA updates guidance on stablecoin reporting
The American Institute of CPAs updated the criteria for stablecoin reporting amid heightened focus on stablecoin oversight.

SEC to drop fraud case against ex-Rio Tinto CFO
The SEC alleged the mining company failed to follow proper accounting rules to accurately record and value its assets.

Newsom seeks $200M to replace EV tax credits cut by Trump
The California governor wants to restart offering tax rebates for electric vehicles that are purchased in the state.

Building a pipeline of Gen Z talent
Gen Z is navigating their careers with a different mentality than previous generations, shifting how employers should approach this group.

IESBA aims to improve firm culture and governance
The International Ethics Standards Board for Accountants outlined its views of eight fundamental elements of an ethical culture and governance framework.