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Helping clients with payroll has led some pioneering firms to realize that they need help with a host of other back-office functions, from HR and onboarding to benefits administration. This report looks at how firms are exploring these new services, and the tools and strategies available to them. Register to view Report
Amy Vetter shares her journey from CPA to “cherished advisor.”
Steven Henning, a former partner in charge of advisory services at Top 100 Firm Marks Paneth LLP, was arrested and charged with wire fraud for allegedly defrauding investors out of $2 million by claiming to have entered into multi-million-dollar intellectual property deals. Henning, 57, was arrested in St. Johns, Florida, on Tuesday and appeared before […]
The Internal Revenue Service isn’t fully addressing billions of dollars in tip-related tax noncompliance and it’s generally not enforcing the tip agreements it has in place with some businesses, according to a new report. The report, from the Treasury Inspector General for Tax Administration, found that 1,971 (or 30 percent) of the 6,513 businesses that […]
Investment firm KKR Co. has begun a $1.24 billion takeover bid for MYOB Group, an Australian accounting software provider. In the 1990s, MYOB had a significant presence in the United States, and over the years split its focus into distinct Australia and U.S. divisions. However, in 2005, Acclivity acquired MYOB’s U.S. operations; today, MYOB operates […]
The American Institute of CPAs testified Tuesday at an Internal Revenue Service hearing about the problems the AICPA is anticipating from the IRS and Treasury Department’s proposed rules for auditing large partnerships. The Bipartisan Budget Act of 2015 included a provision allowing the IRS to audit large partnerships, such as hedge funds and private equity […]
The International Auditing and Assurance Standards Board has released a revised standard for auditing accounting estimates and several related disclosures. International Standard on Auditing (ISA) 540 (Revised) aims to help auditors of banks, insurance companies and other financial services firm deal with new accounting standards from the International Accounting Standards Board and the Financial Accounting […]
In 2014, the Internal Revenue Service began talking up a new initiative for interacting with taxpayers online, calling it the “Future State” vision, allowing taxpayers to communicate with the IRS and deal with their taxes via the internet. The IRS is now phasing out the term, but instead it’s incorporating some of the concepts in […]
A while ago I spoke to two staff people who were not aware of their firm’s capabilities. It was at an Accountants Club of America lunch. I met one of them during the pre-breakfast networking and the other I searched out after the program because of the question he asked the speaker. Both young staffers […]
David Rottkamp (pictured), audit partner, not-for-profit practice leader and partner-in-charge of the New York City office at Grassi Co., was chosen by the New York State Society of CPAs to receive the 2018 Urbach CPA Community Builders Award for his effective leadership and service to nonprofit organizations in his community. EisnerAmper, New York, admitted four […]
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