Advisory

June 21, 2016 

Inefficient information-sharing, poor document management and duplication of efforts are costing firms big bucks in terms of billable utilization, growth and client retention.

June 21, 2016 

CohnReznick raised and donated a total of $150,000 to the Special Operations Warrior Foundation (SOWF) and the Joe Torre Safe At Home Foundation.

June 16, 2016 

A roundup of professionals in the tax and accounting profession that have changed jobs and/or been promoted.

June 15, 2016 

Crunching numbers sums up the view many individuals have of the accounting field and it was just that for many years, given the relatively limited amount of data that had to be entered and worked with. Financial reports, after all, only rely on a ...

June 15, 2016 

A client asked his CPA for her opinion regarding an investment they were considering. Because the CPA did not have experience with this type of investment, she advised the client to consult with his own financial adviser, but she did not document the ...

June 13, 2016 

Overall, the poor and less educated are the least likely to own credit cards. 72% of people who make less than $30,000 per year do not own a credit card, compared to only 18% of those who are card-less and make over $75,000.

June 13, 2016 

Asset managers continue to struggle with implementing a coordinated risk management approach across their organization, despite risk governance becoming a CEO and board-level priority for asset managers, according to EY's Risk management gaining ...

June 13, 2016 

Beware of the "wash sale" rule. This rule says you can't deduct the loss from the sale of securities if you buy "substantially identical" securities within 30 days before or after the loss sale. The disallowed loss is added to your basis in the new stock.

June 10, 2016 

Risk & regulatory work across the U.S. consulting market grew strongly by 7.8 percent to over $14 billion, but cybersecurity work is what’s really hot for many firms, including the Big Four - as headline-grabbing news stories have struck fear into the ...

June 9, 2016 

Global growth expert Radius has acquired San Francisco-based Montage Services, a rapidly growing tax and compliance advisory firm. Montage, whose clients include the London Stock Exchange, UniCredit, and Biz Apps, will immediately bolster Radius’ ...

June 9, 2016 

Bookkeepers anticipate growth in the next one to two years and are turning to the cloud in droves, according to the State of Bookkeeping Practices 2016 Survey, sponsored by Bill.com and released today. The survey also reveals that despite offering a ...

June 8, 2016 

The research also found employment-related costs spiked sharply for the largest companies ($5 billion or more in revenue) to 5 percent of revenue, compared to 1.1 percent in 2015. According to the study, this may be a reflection of the tight market ...