Share Recently, the Private Equity and Venture Capital Taskforce of the AICPA published a working draft of an Accounting and Business Valuation Guide entitled, ‘Valuation of Portfolio Company Investments of Venture Capital and Private Equity Funds and Other Investment Companies.’ The Guide was developed specifically for an investment fund and venture capital fund managers, auditors,…
Withum Wealth Management has been named to the 2018 Financial Times 300 Top Registered Investment Advisors as one of the elite firms across the U.S. To be considered for this prestigious honor, firms must have a minimum of $300 million in assets under management (AUM) and are ranked based on AUM level, AUM growth rate…
Share In the investing world, idiosyncratic versus systemic risk refers to risk related to a specific security. In theory, idiosyncratic risk can be diversified away while systemic risk cannot. So, idiosyncratic risk affects only one security; systemic risk affects all (or at least many) securities. For example, when Theranos had its spectacular flameout admitting to…
Withum Ranked Top Online Presence and Social Media Non-Big Four Public Accounting Firm Withum was recognized as the top non-Big Four public accounting firm by the online presence and social media according to Public Company Community’s list of the top 50 public accounting firms. The ranking was determined by scoring employee and client engagement with…
The benefits of possessing the controlling ownership in a business are undeniable. Decisions afforded to controlling ownership include, but are not limited to: Quantifying the Value of a Minority Interest When requested to ascribe a value to a minority interest the appraiser is tasked with quantifying the value for the interest’s lack of control. As…
For real estate investors, the fact that conventional IRAs typically only allow investments in stocks, bonds, CDs and mutual funds can seem a bit limiting. Drawn to the historically safe investment of tangible real estate, savvy real estate investors may not want to settle for a real estate mutual fund or a real estate investment…
Withum Insurance Advisors Health Insurance Questionnaire Are You Looking for Affordable and Effective Health Insurance? The “right” plan varies widely among consumers and will likely change over time. A thorough review of your plan can yield considerable savings. Take the next steps toward your health insurance solutions by filling out the form below. Please Fill…
As history repeats itself, it is important to look toward historical financial information to assist in preparing for the financial future of timeshare resorts. Since the Great Recession, the concept of “business as usual” has evaporated and each year brings new challenges and sets of facts that will shape the future. Planning for a resort’s…
Verifying a dealership’s meals and entertainment (M&E) expenses, as well as breaking out travel and employee events, is always included in Withum’s Year-End Dealership Accounting Checklist. When the IRS selects a dealership for audit, the M&E expenses deduction is always closely examined. This deduction is among the many tax law changes due to the Tax…
Share It’s a familiar scenario. On a day-to-day basis, executives of contracting firms do what they need to do to keep the business running. Whether it’s purchasing a new piece of equipment to replace an outdated one, or hiring extra help to handle a brand new project, they tend to focus on “taking care of…