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August 19, 2014
A weekly roundup of professionals in the tax and accounting profession that have changed jobs and/or been promoted.
August 13, 2014
Nearly one third of American workers have no retirement savings or a pension, and 19 percent of workers nearing retirement age have no nest egg either, according to a new report by the Federal Reserve Board.
August 11, 2014
The accounting and advisory firm CohnReznick LLP recently raised more than $105,000 at its 13th annual employee Bowl-A-Thon, which benefits Make-A-Wish New Jersey. This brings the total raised for Make-A-Wish by the Firm over the last 13 years through employee fundraising, donations, and raffles to more than $1.45 million.
August 8, 2014
A weekly roundup of professionals in the tax and accounting profession that have changed jobs and/or been promoted.
August 5, 2014
A new report by the Consumer Financial Protection Bureau has found the majority of debit card overdraft fees are incurred on transactions of $24 or less and that the majority of overdrafts are repaid within three days. Put in lending terms, if a consumer borrowed $24 for three days and paid the median overdraft fee…
August 5, 2014
From food trucks to online retailers, a growing number of mainstream businesses are accepting virtual currencies, such as Bitcoin, as a payment method. But as the popularity of digital cash rises, states are beginning to look at ways to regulate its use.
August 1, 2014
A weekly roundup of professionals in the tax and accounting profession that have changed jobs and/or been promoted.
July 31, 2014
Whatever you may think of Millennials, they are natural born savers. A new report from the Transamerica Center for Retirement Studies shows that since many of these workers entered the workforce at about the same time as the Great Recession, they've been more proactive in saving for perilous employment times.
July 31, 2014
The accounting and tax advisory firm WeiserMazars LLP, has acquired pmpm Consulting Group Inc., a national health care consulting firm specializing in providing managed care services including network development, contracting, credentialing, regulatory monitoring, oversight and compliance audits to payers and providers.
July 31, 2014
A new report from PwC US and the Investor Responsibility Research Center Institute (IRRCi) indicates that while companies must disclose significant cyber risks, those disclosures rarely provide differentiated or actionable information. The report examines key cybersecurity threats to corporations and provides information to investors struggling to evaluate investment risk, business mitigation strategies and the quality…
July 30, 2014
As new and alternative funding sources target small businesses and increasingly penetrate the U.S. market, less than three percent of U.S. microbusiness owners report using government loans (2.7%), small business loans (2.4%) or crowd-funding (1.9%) to fund their business, according to the Sam’s Club/Gallup Microbusiness Tracker.
July 28, 2014
An in-depth academic analysis of trends and characteristics of restatements to public company financial statements in the United States in the 10-year period following the Sarbanes-Oxley Act (SOX) reveals a substantial drop in the number and severity of restatements.