The accounting industry has kicked off 2026 with key mergers and acquisitions, leadership transitions, and technology advancements. Significant updates include SAX's acquisition of Owen J. Flanagan & Co., Ascend's mergers of Lucas Horsfall and Wilson Lewis with regional firms, KSM's launch of an investment banking practice, and RSM US's introduction of an AI tool, Ask Luca. These developments will likely impact service offerings, expand regional and national presence, and diversify functions in different firms. The news is relevant as it indicates an industry-wide trend towards innovation, expansion, and increased client-service.
As we kick off the year, the accounting industry continues to experience significant shifts, with firms expanding their services, enhancing leadership, and executing key mergers and acquisitions. This recap highlights some of the most notable updates in t...
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