Maybe my imagination is running wild and this has nothing to do with another accounting firm, but a comment in a recent Minneapolis Star Tribune article by Jeffrey DeYoung got my attention:
"You want to be at the center of influence, and in Minnesota that's downtown Minneapolis," said Jeffrey DeYoung, office managing partner of Baker Tilly Virchow Krause, an accounting, tax and advisory services firm. "You bump into people in the skyways who you know, you shake hands, and the next thing you know you're having a cup of coffee and doing a deal."
You see, Baker Tilly comes up from time to time in the accounting firm merger rumor mill and they had popped up again very recently. I called and left a voicemail for Mr. DeYoung just to check things out, so I'll let you know if I hear anything back. Of course if anyone out there in the Intrawebs knows anything about Baker Tilly or any other firm(s) that are in merger discussions, you should email us.
UPDATE:
As suspected, my imagination has gotten the best of me, as Mr. DeYoung clarified, via his very nice assistant, that he was speaking of "normal" deals that involve regular run-of-the-mill tax and accounting clients and not some mega-merger that someone out there is probably cooking up in their own depraved mind because they have nothing better to do.
Rule makers concluded this week that “we all could benefit from a few more months to develop these standards, some of which really go to the core issues of many companies,” said Leslie Seidman, chairman of FASB, in a podcast issued Thursday. Sir David Tweedie, chairman of the IASB, said rule makers still intend to finish their convergence work by year’s end. The delay, he said in the podcast, will “enable us to check whether our conclusions will last the test of time. … We would never release a standard before it is ready and ultimately it must be a high-quality standard or you just can’t issue it.” [