Regional CPA and business advisory firm Weiser LLP has merged in the Clark, N.J.-based practice of Cohen Friedman Dorman Leen & Co., effective immediately. Terms were not disclosed. The union will add six partners, including CFDL managing partner Howard Dorman, to Weiser. The firm has relocated from its Clark facility to Weiser's offices in Edison. Going forward, the firm will operate under the Weiser brand. The 30-plus year-old CFDL specializes in such areas as audit, tax, elder care planning, benefit plans, insurance review, and IT consulting and implementation. Weiser is ranked No. 20 on Accounting Today's 2007 Top 100 Firms roster with revenues of $110 million.
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Despite high confidence from leaders in AI outputs, more than a quarter of executives said internal audits have detected AI errors that reached external audiences or the board.
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The Treasury Department's Financial Crimes Enforcement Network issued a final rule permanently removing the requirement for U.S. companies and people to report beneficial ownership information.
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The American Institute of CPAs asked the Treasury and the IRS to revise three of their recent notices on the corporate alternative minimum tax.
August 11 -
The proposed regulations clarify nondiscrimination requirements for employers offering Trump account contribution programs and dependent care assistance.
August 11 -
The International Financial Reporting Foundation named Steven Maijoor as the next chair of the IFRS Foundation Trustees, and Sam Woods as chair of the International Accounting Standards Board.
August 11 -
UHY acquired Michigan CFO Associates in Clinton Township, Michigan, expanding the Top 50 Firm's advisory capabilities.
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