KPMG International and IBM unveil cognitive solutions; PKF O’Connor Davies subsidiary adds cryptocurrency hedge fund offering; and more news from CPA offices across the country.
Mazars USA opened a new office in Los Angeles, which will include newly hired partners Karine Philippon and Jessica Cluzeau.
Andersen Global opened a new office in Berlin, joining the existing Andersen Tax & Legal team in Germany and becoming the international association’s sixth location in the country.
Grant Thornton, Chicago, was one of 57 organizations, including all of the Big Four, honored with Junior Achievement USA’s 2016-17 U.S. President’s Volunteer Service Awards. (Read the full story.)
KPMG International, Amstelveen, announced new cognitive solutions under their strategic alliance with IBM, which provides businesses global offerings that apply IBM Watson artificial intelligence technologies with KPMG advisory and tax services. The workforce solutions utilizing Watson include the KPMG Contract Abstraction Tool for IFRS 16 lease accounting compliance and KPMG Research Tax Credit Services with Watson.
Deloitte, PwC, Ernst & Young and KPMG were all honored with Junior Achievement USA’s 2016-17 U.S. President’s Volunteer Service Awards, as part of 57 organizations recognized in total. (Read the full story.)
O’Connor Davies Administration, New York, a subsidiary of PKF O’Connor Davies, launched a new administration service offering for cryptocurrency hedge funds, and announced it currently provides complete fund administration services to three cryptocurrency hedge funds.
Freed Maxick CPAs, Buffalo, recently completed a rigorous peer review of its accounting and auditing practice for the year ended June 30, 2017, receiving a pass rating.
The Financial Accounting Standards Board released an accounting standards update Thursday to enhance the transparency of how nonprofits report contributed nonfinancial assets, also known as gifts in kind.
Rep. Pete Olson, a Republican from Texas, has introduced a bill that would offer tax incentives to employers who train workers about best practices for reducing the spread of COVID-19 in the workplace.