Assurance & Accounting

Hot Topics / Insights
July242019
FASB Proposal Would Defer a Host of Effective Dates

Grace Singer, CPA 07.24.19 | Client Alert The Financial Accounting Standards Board, at a July 17, 2019 meeting, proposed giving a wide array of entities more time to adhere to […]

January252019
Shifts in NYC Property Values Drives Tax Certiorari Changes for Property Owners

Yesterday, The Council of the City of New York approved a local law amendment increasing the audit requirement threshold from $1 million of assessed value to $5 million of assessed […]

January172017
Berdon Names Goodman-Stephens Chief Operating Officer

01.17.2017 | Berdon Press Release NEW YORK – Rebecca Goodman-Stephens joined top 40 CPA and Advisory firm Berdon LLP as Chief Operating Officer effective January 9, 2017. Ms. Goodman-Stephens brings […]

November012016
First Year ACA Compliance – Navigating ALEs, MEPs, and MEWAs

Berdon Tax Team 11.01.2016 | Client Alert This year, employers were required to file Form 1094-C to comply with the Affordable Care Act (ACA) for the first time. To complete […]

October272016
Auditors’ Watchdog Role Requires Professional Skepticism

Grace Singer, CPA 10.27.2016 | eVisor Whether auditing a public or private company, certified public accountants are required to assume a “public watchdog” role and approach all audits with a […]

October272016
Understanding the Statement of Cash Flows

Grace Singer, CPA 10.27.2016 | eVisor The statement of cash flows, arguably the most misunderstood and underappreciated part of a company’s annual report, highlights the sources and uses of cash. […]

September132016
Management Letters Can Reveal Problems and Help Find Solutions

Manufacturing | Distribution | Retail Practice 09.13.2016 | eVisor The management letter can provide innovative ideas, based on industry best practices, about ways to improve internal control systems, streamline operations, […]

August032016
Clarity on Cancellation of Debt Rules

Saul Brenner, CPA, J.D., LL.M. 08.03.2016 | eVisor The IRS has finalized regulations1 for determining who is the “taxpayer” in applying the insolvency and bankruptcy exceptions to discharge-of-indebtedness rules to […]

April012016
FASB’s New Leasing Standard Demands Immediate Action

Berdon Audit Team 04.01.2016 | Happauge Reporter The long-brewing new leasing standard of the Financial Accounting Standards Board (FASB) has finally been ratified. Accounting Standards Update (ASU) No. 2016-02 Leases […]