Firm News: Feb. 7, 2014

CONNECTICUT

Mahoney Sabol & Co. LLP has won the Associate of the Year Award which was presented by the Associated Builders and Contractors of Connecticut, Inc. … The Financial Accounting Foundation announced that the Financial Accounting Standards Board’s FASB Accounting Standards Codification has been enabled for use on tablet devices. The FASB Codification contains authoritative GAAP recognized by the FASB to be applied by nongovernmental entities, including public and private companies and not-for-profit organizations.

EUROPE

Nexia International 2013 revenues generated US$2.9bn, up 3 percent from 2012. According to the latest International Accounting Bulletin World Survey, the network remains among the top 10 major global accounting networks, as measured by fee income. In Europe, Nexia overtook Baker Tilly for 7th place in the rankings.

FLORIDA

Fiske & Co. has been recognized as one of the South Florida Business Journal’s “Best Places to Work” in the “small company” category, for 2014.

GEORGIA

TaxScout has opened a new office in Atlanta.

KENTUCKY

Regional public accounting firm Clark Schaefer Hackett has opened its seventh office, in Fort Mitchell, Kentucky.

MICHIGAN

Crowe Horwath LLP has introduced the Crowe Conflict Minerals Tracker. The firm will use the Conflict Minerals Tracker to assist the Securities and Exchange Commission to help companies comply with new SEC rules.… UHY LLP has added 69 employees to its team within the last three quarters of 2013 and the first quarter of 2014, making it the biggest hiring class of interns and staff accountants. The firm continues to seek experienced professionals and opening can be found in the firm's e-news correspondence. … Yeo & Yeo CPAs & Business Consultants is going into its second year of helping to advance Michigan's growth by nurturing companies through pro bono services under the Pure Michigan Business Connect initiative. This initiative, developed by the Michigan Economic Development Corporation, connects early-stage Michigan companies with professionals who will provide legal, accounting and other services at little to no cost.

MONTENEGRO

Mont Audit Plus, Podgorica, is now a member of the global accountancy network of UHY LLP.

NEW JERSEY

WithumSmith+Brown has released the results of its 2014 NJ Top 50 Law Firms Benchmarking Survey. The goal of the survey was to uncover trends and gauge current market conditions in the law firm profession. Managing partners, executive directors, CFOs and other decision makers responded to the law firm survey. The results obtained convey a positive outlook for 2014 along with several interesting key findings.

NEW YORK

Grant Thornton LLP has been named one of the 2014 “NAFE Top 50 Companies for Executive Women” by the National Association for Female Executives, which honors American corporations that identify and promote successful women. The firm earned a top 10 ranking on this year’s list. … CohnReznick has partnered with David Weild and IssueWorks to assist the firm's clients with capital needs. … Ernst & Young LLP and the PAN Africa Network will host a networking and panel discussion event today on how to achieve "Success in Africa." The event will feature insights from keynote speaker, Jonathan Berman, author of Success in Africa - CEO Insights from a Continent on the Rise, and panelists, including Thomas Laryea, Ashley Bendell, Oluchi Enuha, Yann Pambou and Serigne Diouck, on the opportunities and challenges of doing business in the African market for US companies. For more information about the PAN Africa Network visit www.pan-africanetwork.com or email panafricanetwork@gmail.com.

NORTH CAROLINA

Deloitte Corporate Finance LLC acted as the exclusive financial advisor to Sina Drug Corporation (DBA “Onco360”) in its investment from PharMerica Corporation (“PharMerica”).

SOUTH CAROLINA

SuggsJohnson CPAs is ranked as the No. 38 fastest growing business owned or operated by a University of Georgia graduate. The Anderson, South Carolina-based firm was honored during the 2014 Bulldog 100 Celebration in early February.

VIRGINIA

BookKeeping Express has added Xero to its suite of products.

WASHINGTON, D.C.

Tate & Tryon has joined the global accounting firm alliances Leading Edge Alliance. The new membership gives the Firm access to a global knowledge base to assist clients with challenges impacting their tax exempt organization in the U.S. and abroad.

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