BDO USA

Baker Tilly establishes philanthropic holiday ‘wishes’ program; RoseRyan and Michael Silver rebrand; and more news from CPA offices across the country.

BDO reported Thursday its global revenues grew 8 percent to $8.1 billion in fiscal year 2017 across its network of firms as its headcount grew 9.04 percent.

The deadline is approaching next year for public companies to begin using the new revenue recognition standard, and many not-for-profits may find themselves confronting the new standard a lot sooner than they had expected.

KPMG International assembles global management team; BLS and Aprio both welcome back executives; and more personnel news from firms across the country.

The top twenty firms and their programs were determined by votes on quality of life, benefits, and more.

BDO International has appointed Albert Lopez as CEO of the Americas region, succeeding Keith Farlinger, who was previously named as CEO of the BDO firm network.

More than three-quarters of directors at public companies polled by BDO USA expect a tax overhaul to be achieved before the end of Trump’s term in office, but only 22 percent anticipate it will happen before the end of this year.

Elliott Davis Decosimo admits six shareholders; BDO leader wins CPA.com’s Innovative Practitioner Award; and other recent hires, promotions and personnel news from firms across the country.

Brown, Fink, Boyce & Astle promotes nine; Geffen Mesher advances 11; and other recent hires, promotions and personnel news from firms across the country.

The revenue recognition standard that takes effect next year could help health care providers and regulators identify instances of Medicare and Medicaid fraud by subjecting their financial statements to new scrutiny, although in some ways the new rules could also spur some forms of fraud.

The Internal Revenue Service revoked an unidentified hospital’s tax exemption in February for failing to conduct a community health needs assessment, in a sign of possible trouble for other nonprofit health care organizations.

GT and RSM add flurry of national and regional leaders; BDO promotes eight; and other recent hires, promotions and personnel news from firms across the country.

Accounting and financial firms and business groups are sending comment letters to the Securities and Exchange Commission ahead of a deadline Friday for approving a new standard from the Public Company Accounting Oversight Board on expanding the scope of audit reports.

Citrin Cooperman adds two partners and a principal; LBMC promotes 19 professionals to senior; and other recent hires, promotions and personnel news from firms across the country.

Alfredo Cepero was honored by the Association of Latino Professionals for America for his commitment to diversity in the profession.

BDO USA said Wednesday its revenue for the fiscal year ending June 30, 2017, climbed to $1.41 billion, a 9.6 percent increase from $1.29 billion in fiscal year 2016.

Hancock Askew and Tidwell Group expand partnerships; Plante Moran Trust names CEO; and other recent hires, promotions and personnel news from firms across the country.

Nonprofits are confronting a host of challenges, including the threat of spending cuts from the federal government that could severely tighten their budgets and ability to serve their communities.

BDO’s global network of accounting firms has named Keith Farlinger as CEO of BDO International, succeeding Martin van Roekel, on Nov. 1, 2017.

Bennett Thrasher hikes the Appalachian Trail; Clark Schaefer Hackett rebrands; and more news from CPA offices across the country.