Tech news: AuditBoard acquired for $3 billion – Accounting Today

AuditBoard acquired for $3 billion; Xero goes from $113 million loss to $175.9 million profit; and other accounting technology news.
Plus, Connecticut Society of CPAs installs new board; CohnReznick establishes merger integration and carve-out services practice; and more news from across the profession.
Plus, Xero goes from $113 million loss to $175.9 million profit; and other accounting technology news.
Collared; gone deep; to protect and disserve; and other highlights of recent tax cases.
Available technology solutions could boost professionals’ efficiency in serving their clients — but only if financial advisors and their customers are open to them.
The Internal Revenue Service doesn’t collect data on taxpayers’ race or ethnicity, but some of its methods could lead to disparities in its audit rate.
Test your accounting knowledge on AI job opportunities, M&A, and more. No. 2 pencil not required!
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