Inside Views

  • Best Practices for CPAs to Take Control of Life Insurance Reviews

    June 21, 2016

    Clients often seek counsel from their accountants and financial planners regarding proper life insurance coverage, especially when a policy might be used to secure family income or protect financial assets.

  • Cultural Optimization: Making Mergers Wildly Successful

    June 21, 2016

    A recent rereading of “The Rational Optimist” by British author Matt Ridley revived my belief in “cultural optimization” when it comes to accounting firm acquisitions.

  • Adelphi University kicks off summer 'COAP' program for CPA hopefuls

    June 21, 2016

    Adelphi University announced this week that their Robert B. Willumstad School of Business will kick off the annual Career Opportunities in the Accounting Profession (COAP) summer program, designed to introduce minority high school juniors in New York State to the accounting profession. Approximately 40 local students will participate in Adelphi's five-day program, which begins Saturday, June 25.

  • FASB Credit Loss Standard Will Prompt Changes at More than Banks

    June 20, 2016

    The long awaited credit loss standard that the Financial Accounting Standards Board released last week is expected to have a wide-ranging impact beyond only banks and financial services firms.

  • Art of Accounting: Frank's Term Is Over

    June 20, 2016

    My partner, Frank Boutillette, just completed his term as president of the New Jersey Society of CPAs. I was asked for some reflections and want to share them with you. I think there are interesting things here that could add insights in how we ran our practice.

  • New Jersey Society of CPAs (NJCPA) announces 'Women of Note' for 2016

    June 20, 2016

    The New Jersey Society of Certified Public Accountants (NJCPA) announced on Monday the Society's “Women of Note” for 2016. The Society recognized 38 female CPAs who have impacted the accounting profession. CPAs were nominated by clients, friends and coworkers who took note of their professional and personal contributions.

  • CohnReznick Foundation donates $150K at 25th Anniversary Golf Invitational

    June 17, 2016

    CohnReznick announced on Friday that through the CohnReznick Foundation and CohnReznick CARES initiative, the firm donated a grand total of $150,000 to the Special Operations Warrior Foundation (SOWF) and the Joe Torre Safe At Home Foundation for its 25th Anniversary Charity Golf Invitational, held June 13 at Liberty National Golf Club in Jersey City, N.J.

  • Navigating the Perfect CFO Storm

    June 17, 2016

    Today’s CFOs face a perfect storm of pressures.

  • Mass. Society of CPAs launches series on recruiting and retaining diversity

    June 17, 2016

    The Massachusetts Society of Certified Public Accountants (MSCPA) launched their first part of a series on diversity Friday morning, aimed to teach its members on how to best recruit and retain a diverse workforce in accounting, the Society announced. Both accounting professionals and diversity experts were on hand to explain how diversity plays a crucial role during a panel discussion at PwC’s Seaport office.

  • No More June FBARs

    June 16, 2016

    This may be the last time you see a reminder that the FBAR (Report of Foreign Bank and Financial Accounts) filing deadline of June 30 is fast approaching. That’s because, beginning in 2017, the annual FBAR filing will coincide with the April 15 income tax filing deadline.