Accounting
M&A roundup: Cherry Bekaert, Aprio, Platform, PP&Co expand
Both firms will join Aprio’s Denver office, which opened in 2023.
“Denver is an entrepreneurship hub and home to some of the country’s most successful companies, making it a terrific market for continued growth and expansion for Aprio,” said Aprio CEO Richard Kopelman in a statement Tuesday. “Pontiff + Associates and Elite Tax & Accounting have deeply rooted relationships across Colorado, and their collective experience will complement our existing, talented team in Denver and align well with client needs in the market and nationwide. We are thrilled to welcome both firms to Aprio.”
Pontiff + Associates, P.C. focuses on tax planning and preparation, business valuation, and litigation support, serving clients primarily in the professional services and real estate industries. The firm includes four professionals and dates back to 1987.
“Being able to support our clients with a national platform is a tremendous advantage,” said managing partner Matt Pontiff in a statement. “Aprio has experienced remarkable growth in recent years, and it’s an exciting time to join the firm.”
Elite Tax & Accounting LLC offers tax preparation, client accounting services, and IRS and state tax resolution services, with many clients in the real estate sector. Its team includes 16 professionals.
“Aprio’s commitment to continuous professional development gives our team members access to unique career growth opportunities and advancement,” said Elite Tax & Accounting managing partner Troy Vigil in a statement. “We are excited about the future and the possibilities this combination brings for both our clients and our team.”
Aprio ranked No. 25 on Accounting Today’s 2024 list of the Top 100 Firms, with $420.79 million in annual revenue, over 200 partners and 1,850 professionals.
In November, Aprio expanded to Southern California by acquiring
The Securities and Exchange Commission today
The budget totals $399.7 million, which funds 945 positions. The accounting support fee totals $374.9 million, comprising $346.1 million for public company issuers and $28.8 million for registered broker dealers.
The 2025 budget is a 3.8% increase from this year’s budget of
“Well-functioning financial markets are built on trust,” SEC Chair Gary Gensler said in a
“While the 2025 budget assumes a necessary increase in the ASF overall, we anticipate the smallest billable issuers will see no increase, while the median difference per bill for issuers will likely be only $100, “PCAOB chair Erica Williams said in a statement.
Williams added, “This budget enables us to both provide our staff with competitive compensation that acknowledges their extraordinary work on behalf of investors and retain them, as well as attract new, expert talent to help us meet our investor-protection mission.”
The Sarbanes-Oxley Act of 2002 provides the SEC with oversight responsibility over the PCAOB, including reviewing and approving the PCAOB’s annual budget and accounting support fee.
Patrick Mouzawak/Bloomberg
Manufacturing Digital highlighted some of the most innovative cloud ERP companies in 2024. Examples include Microsoft Dynamics 365 Business Central for its comprehensive features and integration with Microsoft applications, while
Why this is important for your firm and clients: If your clients are small businesses using small-business accounting software, and they grow, then they’ll find themselves in need of a more enterprise, scalable platform. If they’re manufacturers, their needs will be that much more unique. This is a great list of current platforms specifically focused on midsized manufacturers that need to address standard and job costing, bills of materials, process manufacturing, ordering, inventory management and other challenges for this industry.
Accounting Today has issued a call for submissions for its 2025 Top New Products report.
The report will recognize the best new and significantly improved products aimed at tax and accounting professionals, as judged by the editors of Accounting Today.
Products for consideration must be designed for the tax and accounting profession; must have been released no earlier than January 2024; and must be currently available (i.e., not in beta testing) in the U.S. market.
Submissions must include:
- Release date;
- Pricing;
- A website URL and/or phone number for customer contact;
- 200 words or less describing the product’s functionality and its relevance to the tax and accounting profession; and
- A digital image or logo for the product, if available (images can be in JPG, EPS or TIFF format, at 300 dpi or higher).
We will accept up to three submissions per vendor, or three per major division of a vendor.
Submissions may be sent by email to our technology editor, Chris Gaetano, at
For additional questions about eligibility, submissions, etc., email
The Fed’s dot plot shows only two rate cuts in 2025, fewer than previously projected
SEC approves $399M PCAOB budget, $346M accounting support fee
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