Municipal Budgeting During the Pandemic
The pandemic has been difficult on everyone, both individuals and businesses. We see it in the news on a daily basis.
2021 Focus Areas of the SEC Division of Examinations
The U.S. Securities and Exchange Commission’s (SEC) Division of Examinations (the Division) ‒ formerly, the Office of Compliance Inspections and Examinations ‒ recently published its 2021 Examination Priorities.
What New York School Districts Need to Know About GASB 84
The implementation of Governmental Accounting Standards Board Statement 84, Fiduciary Activities (GASB 84), will create challenges and significantly affect the accounting and reporting requirements of most, if not all, school districts.
Accounting and Legal: Working Together to Avoid Mistakes in the Alternative Asset World
Far too often accountants and lawyers begin working together later than they should during the process of a fund launch for a mutual investment manager client.
Foreign Investments, Now What?
Private foundations across the country are at various points in their life cycle and have different approaches to their investment portfolio composition.
Monitoring Use of Personal Devices to Work – Best Practices for Broker Dealers
In 2020, more than two-thirds of company employees used personal communication devices for work, according to recent estimates.
PKF Worldwide Tax Update – Spring 2021
The current PKF Worldwide Tax Update is now available to those organizations and individuals with business interests outside the United States.
Cyber Roundup – March 2021
As we recognize the one-year anniversary of the COVID-19 lockdown in the tri-state area and look forward to light at the end of the tunnel, we should acknowledge the huge part that technology plays in our lives.
Virginia Legalizes Marijuana
In a significant vote, the Virginia Legislature approved adult-use marijuana, making it the first state in the South to move forward with cannabis legalization.
New IRS Requirement to Track Nonmember Income Generation
Does your 501(c)(7) private club hold nonmember outside events, and do these events generate a profit for the club?
M&A Deal Activity Surged in Second Half of 2020
After a precipitous decline in Q2 2020, mergers and acquisitions transactions in North America rose 84% from Q2 to Q4 2020 after experiencing a 38% decline in Q2 and a 22% decline in Q3.
New Jersey Legalizes Marijuana
Gov. Phil Murphy signed three bills into law on February 21, 2021 that will legalize marijuana in New Jersey (NJ). New Jersey will join Maine, Vermont, and Massachusetts on the East Coast to now legalize marijuana.