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Joseph Malfettano, team leader of the New York construction services group, and Ryan Shannon, team leader in the technology services group, were promoted to partner at WithumSmith+Brown, New York. Citrin Cooperman, New York, announced promotions across several offices. Admitted to partner, in New Jersey, are: Erin Avnet, Harry Carpenter and Robert Gilbert; in New York […]
The New Jersey Society of CPAs has moved its office within Roseland to 105 Eisenhower Parkway, Suite 300, a space (pictured) which will provide a larger and more advanced educational learning center along with better amenities. Bowman Co., Voorhees, is celebrating its 80th year in business, providing services to the Southern New Jersey community, having […]
Deloitte LLP was fined 4.3 million pounds ($5.4 million) for its failure to properly audit the accounts of a unit of Serco Group Plc in the latest case of a Big Four firm being sanctioned for its accounting shortcomings. Deloitte will also pay 300,000 pounds toward the costs of the investigation and has arranged to […]
If even half the current predictions are true, in five years no one will recognize the audit. It will use different tools, call for different skills, run on different workflows and potentially be applied to entirely different subjects. This report will look at some of the most likely changes. Register to view Report
A judge appointed by Donald Trump has been assigned to a lawsuit by congressional Democrats seeking access to the president’s tax returns. The House Ways and Means Committee sued the Treasury Department and the Internal Revenue Service on Tuesday after they rejected its requests for the past six years of Trump’s personal and business returns. […]
The Financial Accounting Standards Board’s recently issued accounting standards update on how to account for production costs for movies and television episodes provides more clarity on how to deal with financial reporting in an age when viewers have become more accustomed to streaming video online and binge watching their favorite series. FASB issued the update […]
MarksNelson MarksNelson staff members across Kansas City volunteered at local nonprofits as part of the firm’s annual Volunteer Day. The firm closed its offices on June 20 to allow its 181 staff members to serve their local community. Volunteer Day is part of the firm’s Marks of Kindness program, wherein staff members nominate nonprofits and […]
There are approximately 14,000 multi-partner CPA firms in the U.S., yet last year only 100 firms had annual revenues of at least $40 million. The statistics are staggering. We have many small CPA firms in this country serving the mid-market and, regardless of size, in this economy many firms are finding it difficult to organically […]
The professional services industry has proven to be incredibly successful. Accounting and consultancy firms have existed for decades, serving the public trust and upholding the integrity of our financial markets. And yet, resting on our laurels is perilous, as professional services firms face massive disruption. Machine learning, artificial intelligence and other technologies are rapidly transforming […]
Canopy has added payments to its tax practice management platform. The module, which is proprietary to Canopy, allows money transfers between Canopy’s customers and their clients using credit, debit or ACH. In an increasingly automated technology environment, in-platform payments are a convenience well-received by clients who are used to the ease of consumer payment apps. […]
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