October 2025 Recap: Accounting Industry Firm Updates in 10 Mins

The accounting world never stands still, and October 2025 proved it once again. From transformative M&A deals and leadership shakeups to bold service launches redefining what advisory means in the age of AI, firms across the industry are doubling down on growth, innovation, and resilience. Whether it’s CRI expanding its Southern reach, RSM building a $5B transatlantic alliance, or KPMG pushing the limits of agentic automation, this month offered a clear signal: the future of accounting is being built now, one strategic move at a time. Here’s your 10-minute digest of the most pivotal firm updates shaping the profession’s next chapter. 

M&A Updates 

Carr, Riggs & Ingram Expands in North Alabama with Abroms & Associates Merge 

Carr, Riggs & Ingram (CRI) continues its Southeast expansion by merging with Florence-based Abroms & Associates, deepening its North Alabama presence. The deal reflects CRI’s strategy of pairing local expertise with national resources, following its 2024 partnership with Centerbridge and Bessemer. With shared values and a strong regional legacy, both firms aim to strengthen client relationships and unlock new growth across the Shoals community and beyond... 

RSM US and UK Form $5B Transatlantic Partnership 

RSM US and RSM UK have greenlit a landmark transatlantic partnership set to launch in January 2026. The combined firm, projected to generate $5 billion in annual revenue, will unite governance, growth strategy, and client service under one partner-owned platform. Will this move signal a bold step toward a future $10 billion multinational network, redefining collaboration, mobility, and leadership opportunities across global markets.  

Armanino Expands ERP Capabilities with Keystone Business Services Integration 

Armanino LLP has integrated Keystone Business Services, a top Oracle NetSuite Solution Provider, to strengthen its ERP and consulting capabilities. Keystone’s award-winning NetSuite practice adds industry depth across manufacturing, distribution, and food sectors. The integration advances Armanino’s commitment to scalable cloud solutions, combining Keystone’s technical precision with Armanino’s nationwide advisory strength to drive more holistic client outcomes.. 

Fernway Solutions Joins EisnerAmper 

EisnerAmper continues its global advisory growth with the addition of San Francisco-based Fernway Solutions. Known for cross-border expertise in tax, structuring, and compliance, Fernway brings 40 professionals across four countries to the EisnerAmper platform. Will this merger underscores both firms’ shared focus on guiding high-growth, globally ambitious companies through complex expansion and transformation journeys? 

Cherry Bekaert to Acquire Herbein + Company 

Cherry Bekaert announced plans to acquire Pennsylvania-based Herbein + Company, marking its entry into the Keystone State and expanding its mid-Atlantic and Midwest presence. With Herbein’s deep roots in agribusiness, construction, and higher education, the acquisition enhances Cherry Bekaert’s industry reach and service versatility. The deal exemplifies the firm’s strategy to scale through targeted, culture-aligned acquisitions that bolster regional strength and national momentum... 

People Updates 

EisnerAmper Names Jack Azagury Chair of the Board 

Eisner Advisory Group has appointed Jack Azagury as chair of the board, adding a visionary leader with global consulting experience to its ranks. Formerly Accenture’s group chief executive for consulting, Azagury brings a wealth of transformation expertise to support EisnerAmper’s growth strategy. Does his appointment signal the firm’s continued focus on innovation, governance, and cross-border leadership excellence as it scales its advisory platform? 

KPMG US Appoints Teresa Halpin and Rick Lawlor as Tax Directors 

KPMG US strengthens its trade and customs advisory bench with the appointments of Teresa Halpin and Rick Lawlor as Tax Directors. Both join from the U.S. Customs and Border Protection division, bringing over 70 years of combined experience in enforcement operations. Their arrival underscores KPMG’s commitment to guiding clients through heightened trade scrutiny and global tariff shifts with strategic insight and regulatory precision... 

Citrin Cooperman Appoints Lydia Brown as CFO 

Citrin Cooperman has named Lydia Brown as chief financial officer, succeeding Larry Diamond following his retirement. With over 30 years of financial leadership across private equity–backed and public firms, Brown steps into the role as the firm continues its rapid expansion. Her expertise in scaling financial operations and driving strategic performance positions Citrin Cooperman for sustained growth and innovation.. 

Barry Melancon Appointed Chair of Baker Tilly International 

Barry Melancon, former CEO of the AICPA, has been named chair of Baker Tilly International. Renowned for modernizing the accounting profession, Melancon brings global perspective and leadership to drive Baker Tilly’s innovation and growth. Does his appointment come at a pivotal time for the profession, aligning with the network’s mission to empower firms worldwide through collaboration and future-focused strategy? 

EisnerAmper Admits 31 New Partners, Largest Class in Firm History 

EisnerAmper has promoted 31 new partners; its largest class ever; spanning advisory, assurance, tax, and private client services across the U.S. and Israel. The milestone reflects the firm’s sustained growth and dedication to talent development. “This class highlights our rapid expansion and career opportunities,” said CEO Charly Weinstein. The new partners bring deep expertise to strengthen EisnerAmper’s multidisciplinary leadership for the next phase of its evolution... 

Service Updates 

KPMG Unveils New AI Platform to Streamline Corporate Functions 

KPMG has launched GBS with KPMG Velocity, an AI-powered platform built on ServiceNow technology to transform finance, HR, procurement, and IT functions. The platform integrates AI and human agents to deliver resilient, data-driven operations while embedding governance and compliance through ServiceNow’s AI Control Tower. Could this collaboration position KPMG at the forefront of secure, ethical, and scalable AI adoption across global business services? 

Kaufman Rossin Launches Mary Street Capital for Advisory Growth

Kaufman Rossin has unveiled Mary Street Capital, a new investment banking affiliate serving family- and founder-led middle-market companies. The firm extends Kaufman Rossin’s trusted advisory legacy into capital raising, M&A, and strategic finance solutions. With a dual focus on financial performance and digital transformation, Mary Street Capital aims to bridge a critical gap in lower middle-market advisory, empowering entrepreneurs through every phase of growth and transition... 

CohnReznick Expands Florida Presence with New Tallahassee Office

CohnReznick has opened a new Tallahassee office, deepening its Southeast footprint and strengthening its Government and Public Sector Advisory practice. The hub enhances support for state and local agencies on compliance, grants, and large-scale program oversight. Positioned in Florida’s fast-evolving capital, is the expansion underscoring CohnReznick’s commitment to building resilient, accountable public programs that drive meaningful community impact? 

Withum Launches Cryptocurrency Cost Basis Tracking Service

Withum has introduced a cryptocurrency cost basis tracking service to help clients manage digital asset reporting and IRS compliance ahead of the 2025 Form 1099-DA mandate. The offering combines advanced tech integrations and tax expertise to address DeFi, NFT, and high-frequency trading complexities. Designed for precision and transparency, the service positions Withum as a key partner in helping clients navigate the evolving digital asset tax landscape... 

Windes Launches Human Capital Consulting Practice 

Windes has launched a Human Capital Consulting practice focused on helping businesses strengthen hiring, compliance, and employee engagement. Led by CHRO Eileen Harris, the practice offers tailored solutions in recruitment, training, compensation, and organizational strategy. By integrating HR best practices with growth-oriented insights, Windes aims to empower clients to build resilient, people-centered cultures that drive long-term business success... 

Conclusion

From leadership appointments to tech-driven transformations, October’s developments show an industry in full motion leaner, smarter, and more connected than ever. As firms sharpen their service models, embrace AI, and expand across borders, the line between traditional accounting and strategic advisory continues to blur. The takeaway? Staying informed isn’t just optional; it’s your competitive edge. Keep following MYCPE ONE Insights for the trends, talent, and technology moves that are reshaping the future of the accounting profession.