The new law’s start date has been pushed back to October 1, 2019. Will you be ready? By Sudha Vishwanath, CPA and Tax Manager – RBF Advisors and Accountants Last summer, Massachusetts Governor Charlie Baker signed legislation authorizing the Paid Family and Medical Leave (“PFML”) program. But as the law’s mandated implementation date of July…
Share Withum, the national top-ranking public accounting firm, has announced the promotion of six principals and senior managers to the position of partner. Anthony Aniello, Jessica Hollobaugh Giresi, Erik Halluska, Joseph Malfettano, Ryan Shannon and Chaya Siegfriend are the newest partners to join the firm’s growing corporate leadership team, effective July 1, 2019. The new…
Share Tom Angell, Practice Leader of Withum’s Financial Services group discusses what the SEC wants to see from valuation methodology. Tom Angell, Practice leader of Withum’s Financial Services Group, discusses the best practices for valuation methodology. An important factor is that funds have an investment valuation policy in place and that it is used consistently…
Share The U.S. Securities and Exchange Commission (“SEC”) passed Regulation Best Interest (“Reg BI”) which becomes effective 60 days after it is posted in the federal register. Broker-Dealers (“BDs”) will have until June 30, 2020 to comply. BDs will be required to act in the best interest of their retail customers when recommending any securities…
What Is Inventory Management? The process of inventory management involves the ordering, storing, and shipping of a company’s physical products. The primary goal of ERP inventory management software is to minimize holding costs by providing insight and alerts into when it’s time to reorder, restock, or re-manufactured products. Inventory mismanagement can have disastrous consequences. Businesses…
There has been a recent uptick in partial liquidity events referred to as a “Secondary Sales”. A secondary sale is when a company consummates a round of financing and, in conjunction with that financing, employee-shareholders of the company engage in a secondary sale of their stock. There are different ways that a secondary sale of…
Share Two of Withum’s team members were awarded Ovation Awards by the New Jersey Society of CPAs 2019 reception. Jim Bourke, Managing Director of Advisory Services and Nicole DeRosa, Tax Manager, were both among the 40 Ovation Awards that were presented. Jim Bourke was a recipient of the Innovation Awards and Nicole DeRosa was among…
When defining the services provided by a CPA firm, most would quickly list tax and audit. However, when taking a deeper look into the services provided by larger firms throughout the country, a menu of advisory services are typically available. One of the more popular advisory services is valuation. Valuation services are usually relied upon…
In 2014, the Financial Accounting Standards Board (“FASB”) released a pronouncement that completely revamped revenue recognition and reporting as well as some of its associated costs. Effective for private companies with fiscal years ending after December 15, 2018 and for public companies with fiscal years ending after December 15, 2017, this standard has caused adtech…
What is Dynamics 365 Sales Pro? Dynamics 365 Sales Pro (Sales Pro) is the tool to improve productivity in modern workspaces. With so many tools and applications it is very hard to stay focused and get the correct information. Sales Pro enables people to build a strong relationship with customers, take actions based on insights…