Insights
PKF O’Connor Davies Promotes Keith Solomon to Co-Lead Partner of Health Care Practice
PKF O’Connor Davies, LLP, one of the nation’s largest accounting, tax, and advisory firms, announced today it has promoted Keith Solomon to serve as Co-Lead Partner of the Firm’s Health Care Practice.
Senate Passes the Paycheck Protection Program Flexibility Act of 2020
The Senate Passed H.R. 7010, the Paycheck Protection Program Flexibility Act of 2020, with a unanimous vote yesterday.
Podcast: Family Office Fire Drill “What If” Scenario Disaster Planning
Following is a podcast of Family Office Fire Drill “What If” Scenario Disaster Planning hosted by the Family Office Association […]
Coronavirus and Nonprofits: Cancellation of Fundraising Events and Membership Dues May Convert to Tax-Deductible Donations
In the wake of the coronavirus (COVID-19) pandemic, charitable organizations around the world have been forced to cancel or postpone their fundraising events.
PKF O’Connor Davies Listed Number 13 in Vault Accounting 50 List of Top Accounting Employers in North America
PKF O’Connor Davies, LLP, one of the nation’s largest accounting, tax and advisory firms, announced today it has once again been named to the Vault Accounting 50, a ranking of the 50 best accounting employers to work for in North America.
House Proposes Changes to Relax PPP Loan Forgiveness Requirements
The House passed a bill late yesterday ‒ with near unanimous bipartisan support ‒ that would make sweeping changes to the Paycheck Protection Program (PPP) loan forgiveness if it becomes law.
PKF O’Connor Davies Promotes Jeffrey Gittler to Co-head of Cannabis Practice
PKF O’Connor Davies, LLP, one of the nation’s largest accounting, tax and advisory firms, announced today that it has promoted Jeffrey Gittler to Co-head of the Firm’s Cannabis Practice. Gittler has been instrumental in the successes the group has achieved to date, and his enhanced role reflects the Firm’s ongoing commitment to serve as leaders in providing valuation, audit, accounting and tax solutions in the cannabis sector.
FASB Delays Implementation of the Revenue Recognition and Leases Standards and Issues New ASU on Reference Rate Reform
In response to feedback received from various stakeholders, the Financial Accounting Standards Board (FASB or Board) voted on May 20, 2020 in favor of a one-year deferment of the implementation of the Revenue Recognition (ASC 606) and Leases (ASC 842) standards for private companies that have yet to issue their financial statements. This is a result of the continuing struggle private companies are facing carrying out daily accounting tasks in light of the COVID-19 pandemic.
Webcast: Clearing a Path Through the PPP Loan Forgiveness Maze
The Paycheck Protection Program (PPP) Loan Forgiveness Application has finally arrived. It is 11 pages, and has the look and […]
New York Forward Loan Fund Aimed at Small Entities with 20 or Fewer Full-Time Employees
New York State recently announced an economic recovery loan program for small businesses, not-for-profit (NFP) organizations, and small landlords (50 units or less) that have seen a loss of rental income.
New Jersey Implements New Requirements for Mandatory Fees for Public Institutions of Higher Education
New Jersey’s public institutions of higher education will soon face new requirements for documenting and tracking mandatory fees charged to students.
How an Election Manager Can Assist With Board Elections
By Susan M. Barossi, CPA, Partner and Michael Caputo, CDMP Article Excerpt: Many associations take a do-it-yourself approach to organizing and running […]