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Floorplan pressure. OEM scrutiny. Tight timelines. High stakes. Your auditor should understand that reality. 4 Reasons Why Audits Matter to Dealers What Makes Our Dealership Audits Different Dealers tell us they want the confidence that their financials will stand up when lenders, OEMs, or buyers ask tough questions. Many CPA firms perform audits. Few truly…
Advancing Audit Innovation Sameer has played a key role in advancing Withum’s use of audit technology, helping teams adopt new methodologies, improve efficiency and enhance consistency across engagements. A trusted resource for technology implementation, he has been instrumental in the Firm’s adoption of Caseware Cloud and Dynamic Assurance Solutions (DAS) applications. Driving Firmwide DAS Adoption…
On April 28, 2026, the Securities and Exchange Commission (the “Commission”) issued an order (Release No. IA-6961) raising the dollar thresholds that determine whether a client qualifies as a “qualified client” under Rule 205-3 of the Investment Advisers Act of 1940. The new amounts took effect June 29, 2026. Background Section 205(a)(1) of the Advisers…
Executive Summary The client engaged Withum to support its immediate cost optimization priorities across labor and non-labor categories and identifying actionable efficiency opportunities. The engagement was delivered within a condensed two-week timeline, with a focus on producing actionable, decision-ready insights. Withum collaborated with the client to validate assumptions, pressure test cost-reduction scenarios and conduct an…
A Staten Island judge has issued a temporary restraining order (TRO) on New York City’s Pied-à-Terre surcharge. The TRO pauses the City rollout of the new surcharge as a homeowner lawsuit proceeds. The tax was finalized last month and applies to residential one- to three-family homes, known as “Class 1” properties, as well as “Class…
Leading Industry with a Tech–Forward Vision Matt Walsh, partner and practice leader of Withum’s Industrial and Consumer Products Services Team, was honored in the Finance/Accounting category for helping modernize the Firm’s technology ecosystem. His leadership has supported initiatives that enhance efficiency, streamline workflows and better align technology with evolving client needs, including work with Caseware…
