PKF O’Connor Davies Shortlisted for 6 Family Wealth Report Awards
Tax Advice, Philanthropy Advice, Solutions for International Americans, Management Consultancy Services, Accountancy Advice and Innovative Client Solutions Recognized
Revolution in the Workplace: How Companies and Accounting Firms Can Win
Digitization, artificial intelligence and cloud-based systems herald a workplace revolution as temporary professionals come to the rescue.
2019 Focus of the IRS Tax-Exempt Division
Heading into a new fiscal year, the Internal Revenue Service (IRS) Tax Exempt & Government Entities (TE/GE) Business Operating Division recently announced that they will continue to execute compliance strategies, build better processes, and provide useful information and guidance on the Tax Cuts and Jobs Act (TCJA).
Reporting Management and General Expenses: Getting It Right under FASB ASU 2016-14
As required by the Financial Accounting Standards Board’s (FASB) Accounting Standards Update (ASU) 2016-14, Presentation of Financial Statements of Not-for-Profit Entities, not-for-profit organizations (NFPs) must include in their financial statements or note disclosures total expenses by function and natural class.
SEC Updates: Disclosure Requirements and Definition of Smaller Reporting Companies
The SEC recently issued two promulgations: (1) a rule change amending certain disclosure requirements, and (2) an amendment to the definition of a smaller reporting company. We have summarized the information contained in each.
Related Party Consolidation Guidance Amended by the FASB
The Financial Accounting Standards Board (FASB) recently issued Accounting Standards Update (ASU) 2018-17 Consolidation (Topic 810): Targeted Improvements to Related Party Guidance for Variable Interest Entities.
Cyber Roundup – November 2018
As we gather around the dinner table on Thanksgiving Day, we might all put away our smart phones, give Alexa some time off, and enjoy the “actual” (not “virtual”) company of our family and friends.
IRS Classification of Grantees of Private Foundations
When a private foundation files its annual Form 990-PF, it includes supplementary information to support the Part I, line 25, column (d) amount of “contributions, gifts, grants paid.”
PKF O’Connor Davies Named to Vault’s 2019 Best Accounting Internships, Best Internships for Employment Prospects and Best Internships for Diversity Lists
Firm jumps in rankings to number 8 in Best Accounting Internships with recognition for client interaction, professional development
Fundraising Goes Digital
By 2025, the crowdfunding industry is expected to grow to more than $300 billion. In a nutshell, crowdfunding is raising money through many relatively small donations during a set period of time, typically for a specific campaign or goal, through an online platform.
PKF O’Connor Davies Hires Ralf Ruedenburg to Establish and Lead New German Desk
Principal brings nearly 20 years of experience to strategic European expansion initiative
Beyond Repurchase Liability — ESOP Sustainability Management
Many Employee Stock Ownership Plan (ESOP) sponsors are presented with the challenge of maintaining an ESOP over the long-term.