The global association of independent accounting and business advisory firm, BKR International, has added Chengdu Zhongda of Chengdu, China to its membership. Chengdu Zhongda offers a wide variety of audit, asset appraisal, and tax services. The firm specializes in real estate, finance, education, chemicals and chemical fertilizers, and hotels.
Wolters Kluwer, CCH delivers new tool for tax season. The all-new CCH Federal Penalties & Interest Calculator helps provide quick answers for clients affected by recent tax law deficiencies. Users can access all their research content and calculators whenever and wherever answers are needed through the CCH Mobile app for Apple iPad, iPhone and available on Android and Kindle Fire HD devices.
Glass Jacobson, a Baltimore/DC CPA and wealth management firm, is now offering a new program to help women who are facing divorce, emerge from the process financially secure and ready to move forward.
Stone Carlie has been selected as the winner of the 2014 Corporate INTL Magazine Global Award “Assurance Services Advisory Firm of the Year in Missouri.”
Alloy Silverstein, a regional accounting and advisory firm with offices in Cherry Hill and Hammonton, NJ, has signed branding agreements with PGA Tour professional Bronson La'Cassie, and Web.Com Tour professionals Steve Allan, Adam Crawford, Ashley Hall, Bhavik Patel, and Cameron Percy for the 2014 worldwide golf season.
Insero & Co. and Filomeno & Co. have formed a new consulting practice, Defense Contracting Consultants LLC. Grassi & Co. has launched Grassi Fund Administration Services Inc. a fund administration entity. GFAS, a subsidiary of Grassi & Co., will take over the more than $3.6 billion in assets under administration previously administered by Grassi & Co.—continuing to provide customized solutions for fund managers, including fund accounting, investor, audit and tax assistance services on a daily, weekly, monthly and quarterly basis. According to a recent poll by KPMG LLP, middle-market executives anticipate a shift from opportunistic deals to corporate M&A, which will be driving activity in the 2014 credit markets. Thirty-six percent of respondents indicated that corporate M&A will serve as the primary driver of credit markets activity in the first half of 2014, whereas KPMG's May 2013 survey found that just 18 percent expected there would be corporate M&A in the second half of 2013. Twenty-six percent of executives indicated refinancing would also result in credit market activity, dropping from 50 percent over the last six months. Expectations for private equity (PE) funded buyouts increased to 23 percent from 17 percent, and restructuring prospects remained at 15 percent. Teal, Becker & Chiaramonte CPAs PC, a regional accounting and advisory firm in Albany, has launched its new website www.tbccpa.com. The newly designed site captures the firm's ongoing efforts and commitment to serve the growing needs of its clients by enhancing the quality and availability of information for business professionals and individuals in the Capital Region and throughout the Northeast. PwC stated in its first 2013 Capital Markets Watch that it is seeing an improvement in the U.S. economic environment. The main drivers are record low interest rates, strong equity, and debt markets which bolstered the activity in the U.S. capital markets in 2013. The report, builds upon the firm’s quarterly IPO Watch to provide a full year view and comprehensive breakdown of capital markets activity across the equity and debt markets, including initial public offerings, secondary offerings, spinoffs and convertible, high yield and investment grade debt issuance in 2013. PwC expects the U.S. capital markets to continue to show robust growth in 2014, capitalizing on increased momentum in the overall U.S. deals market, greater business investment and improved CEO confidence.
The global association of independent accounting and business advisory firm, BKR International, has added Adebola Sobanjo & Co. of Abuja, Nigeria, to its membership. Adebola Sobanjo & Co. offers accounting, audit, taxation, advisory, verification and debt recovery, consultancy, training and manpower development, entrepreneurship development, business recovery, and insolvency services. The firm has experience in construction companies, government, educational institutions, consulting/service companies, and trading. The firm has additional offices in Lagos and Port-Harcourt.
The Glen Allen, Va.-based financial and tax service provider, Piascik, has established Piascik Business Management LLC. The new subsidiary provides tax consulting with financial management solutions to serve professional athletes and high net-worth individuals.
Huberty & Associates, of Fon Du Lac, Wis., has changed its name to Huberty CPAs & Trusted Advisors. Schenck will be hosting a free workshop in March titled “2014 M&A Forum: Composing Your Future.” The complimentary event is geared toward business owners and senior leaders. Along with moderator Ann Hanna of Schenck M&A Solutions, panel members will include Todd Thiel, CEO of McKinley Reserve; Joe Jadin, former owner of Contract Transport Service Inc.; LeRoy Matuszak, Schenck M&A Solutions; and Corey Vanderpoel, Schenck M&A Solutions. Following the panel presentation, members of Schenck’s M&A Team will lead breakout sessions specific to the issues of buyers and sellers allowing attendees to customize the workshop to their area of interest and concern. Sessions will include:
- It’s All in the Approach: Tips for Buy-side Success
- Preparing for a Sale: How to Enhance the Value of your Business; and
- Knowing What You’re Worth: How to Calculate Business Value The seminar will be held on Thursday, March 20 at St. Norbert College’s Bemis Conference Center, 299 3rd Street, De Pere, from 2:30-4:30 p.m. with networking and cocktails to follow (registration opens at 2:00 p.m.).
For more information, or to register, please visit www.schencksc.com/2014maforum or contact Karie Zellner at 800-236-2246, extension 1261.