People on the move: DMA appoints new president & CEO
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Month: October 2018
Firms on the move: KSCPA names Women to Watch
Weaver will open its newest office in New York City on Nov. 1, located in the Times Square/Theater District at 120 West 45th Street, Suite 2800. The New York State Society of CPAs, New York City, is joining the New York Public Library’s Science, Industry and Business Library for its Financial Planning Day fair on […]
The bold new frontier of data
Is your firm an advisory hero? With the right forecasting and data analysis tools, it could be. “Firms that haven’t moved in that direction [of advisory services] are kind of missing the boat on the fact that they are sitting on the most powerful piece of information that their clients need help with, which is […]
Study finds cooking the books can pay off, caught or not
About one-quarter of perpetrators of financial reporting misconduct experience a net benefit, even after getting caught, according to a new Columbia Business School study examining the most serious cases of misreporting. Nearly 26 percent of perpetrators experienced a net benefit, according to the research, conducted by Columbia Business School professors Shiva Rajgopal and Dan Amiram […]
Is accounting experience a bad thing for executives?
Having executives with backgrounds as partners or managers at audit firms can significantly increase some companies’ likelihood of financial misstatements, according to a new academic study that warns external auditors to be on the lookout for it. The study, “Do Auditors Recognize the Potential Dark Side of Executives’ Accounting Competence?” describes that competence as “a […]
Looking ahead in a time of rapid change
When we think of changes to the financial statement audit, we tend to think in big, broad strokes. The period right after the stock market crash of 1929, for example, ushered in the modern era of independent audit of financial statements, a key to public confidence in our global markets. The audit has been steadily […]
NCCPAP installs 2018-2019 officers
The National Conference of CPA Practitioners installed its 2018-2019 slate of officers and directors at its National Conference on Oct. 24, in Palm Beach Gardens, Florida. The new officers and directors are: As president, Neil Fishman of Fishman Associates CPAs, in Boynton Beach, Florida. As executive vice president, Mark Stewart, of Feldstein Stewart LLP CPAs, […]
The fourth quarter can be a game changer
For any sports fans out there, unless you have a one-sided blowout, you already know that the fourth quarter is big. It can change the course of the prior three quarters when a team can make up ground for their lousy performance for 75 percent of the game. As a financial advisor, it seems as […]
Sage Intacct plans to radically change audit
Audit is about to undergo a radical change, and Sage Intacct plans to spearhead it. “Radical change” means just that: Audit will not be what it always has been,” said Aaron Harris, senior vice president and head of engineering and technology, in a keynote at Sage Intacct’s annual user conference, being held this week in […]
Prager Metis expands on Long Island
Top 100 Firm Prager Metis CPAs has combined with Syosset, N.Y.-based S.A. Koenig Associates CPAs. The combination was official Oct. 1. Terms of the deal were not disclosed. S.A. Koenig managing partner Steven Koenig and partner Donna Disclafani will join Prager Metis as partners; the rest of their team will also be joining the larger […]
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