Firm News: March 6, 2015

ALABAMA

Machen, McChesney & Chastain has introduced a new brand identity platform in conjunction with the release of its new website, www.machenmcchesney.com

CONNECTICUT

The Financial Accounting Standards Board voted to issue for public comment a proposed Accounting Standards Update intended to enhance the usefulness of the financial statements of not-for-profit organizations. It will include proposed improvements to the current net asset classification scheme and the required information about an organization’s liquidity, financial performance, and cash flows.

FLORIDA

Listo Tax Solutions has opened its first Florida location in Miami. Listo offers tax, bookkeeping, payroll and translation services for individuals and businesses. With tax season here, Listo has geared itself up to help clients navigate the complexities of the Affordable Care Act and how it will affect their returns. Due to the sensitive information that is given to a tax preparer, tax preparation clients can anticipate private interview areas at Listo. These areas were created to allow the client to feel assured that their personal information will remain confidential. With identity theft on the rise, Listo management takes extra precautions to avoid any breaches. … The FICPA announced the honorees of its 26 Under 36 initiative. The goal of the initiative was to identify and recognize FICPA members younger than 36 who have made notable accomplishments through their service to our organization, the CPA profession and their communities. To view selection criteria or to read a profile of the honorees in the March/April 2015 issue of Florida CPA Today, visit www.ficpa.org/2015_26Under36. … Templeton & Co. is celebrating 25 years of providing high level accounting and consulting services. Steven Templeton founded Templeton & Company in Royal Palm Beach, Fla. out of a desire to create an accounting firm that provides premier client service and focused attention. He grew the firm based on his relationships and earned additional work from key clients based on unwavering dedication to quality deliverables.

ILLINOIS

Grant Thornton LLP has been named one of the 2015 “NAFE Top Companies for Executive Women” by the National Association for Female Executives, which honors American corporations that identify and promote successful women. The full list can be found on WorkingMother.com.

INDIANA

The partners and staff at Kemper CPA Group LLP have been selected as one of the 2015 Best Places to Work in Indiana. Kemper CPA Group was one of 20 employers in the Large Company category (250-999 employees) to receive the designation from the Indiana Chamber of Commerce. One hundred total companies were selected for the 2015 honor.

MARYLAND

KatzAbosch announced details on their complimentary Construction and Real Estate Complimentary Bootcamp on May 12, 2015 at the Sheraton Hotel Baltimore North from 9:30 AM – 6:30 PM. Click here for details on agenda and registration.

NEW HAMPSHIRE

BKR International has accepted Howe, Riley & Howe or Manchester, NH, into membership.

NEW YORK

EisnerAmper LLP has been named the overall winner of Institutional Investor’s Alpha Awards for hedge fund service providers in accounting. EisnerAmper was the highest ranked accounting firm, best equipped to help managers navigate turbulent markets and complex regulations, in each of the five aspects of service: audit, client service, hedge fund expertise, regulatory & compliance, and tax. … GKG CPAshas launched a new website. The site offers its visitors a user-friendly experience on desktop, mobile and tablet devices through it's website http://gkgcpa.com/ … Business executives are taking a more tempered view when it comes to expectations for profit, revenue and expansion in the coming year, according to the first quarter AICPA Economic Outlook Survey, which polls chief executive officers, chief financial officers, controllers and other certified public accountants in U.S. companies who hold executive and senior management accounting roles.

Optimism about those key performance indicators still remains high, but there has been a retrenchment in sentiment since last quarter, the survey found. The last time a similar pullback occurred in these areas was the end of 2012. At the same time, businesses executives grew slightly more upbeat about prospects for the U.S. economy. … For the eighth time in nine years, KPMG was named one of the country's 100 Best Companies to Work For by Fortune Magazine, advancing 17 spots to No. 63 on the prestigious annual list, becoming the highest ranking of the Big Four accounting firms. … In response to the heightened regulatory environment, financial services companies are enhancing their approach to divestments to get more immediate value out of them, according to EY’s new Global Divestment Study, Closing the deal: strategies to increase speed and value. EY found that 64 percent of financial firms surveyed divested a business that was underperforming, by far the highest rate of all sectors that were surveyed. More than half of financial services respondents admitted that shareholder activism influences their decision to divest, and they are also more likely to use divestment proceeds to return funds to shareholders. To enhance the value of their divestments, over half of the financial firms surveyed said that they consider the development of a value creation roadmap for buyers. 

PENNSYLVANIA

In advance of Gov. Tom Wolf’s budget address, members of the Pennsylvania Institute of Certified Public Accountants have put together a report that offers high-level policy options for Pennsylvania’s most pressing fiscal and economic challenges. The report, put together by the association’s Fiscal Responsibility Task Force, addresses the potential disaster of state and municipal pension obligations, outlines suggested best practices for current and future taxation policies, and urges for more transparency in government financial reporting. The task force released the report at a press conference this morning in the rotunda of the state Capitol in Harrisburg, Pa. For the full report click here.

TEXAS

Ryan has been selected to the Fortune 100 Best Companies to Work For list. This prestigious recognition program, sponsored by Fortune magazine and the Great Place to Work Institute, represents the most definitive employer-of-choice and workplace culture quality recognition a company can receive. This marks the second time that Ryan has been recognized by Fortune.

VIRGINIA

Halt, Buzas & Powell, Ltd. has ranked #28 in the 2015 Washington Business Journal list of Top 50 Accounting Firms.

 

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