Grant Thornton elects new members of its partnership board; Virginia names its Women to Watch; a large number of firms get named to AM Best’s list of the top audit and actuarial firms in the insurance space; Armanino’s new Accelerated Path to Partner program; and other firm and personnel news
In times of crisis, leaders are gifted with the opportunity to lean into new ways of thinking about their business. Amidst the financial crisis, the Big Four firms outsourced routine, non-complex work to “delivery centers” in low-cost jurisdictions. The objective was primarily to improve the bottom-line by reducing costs. Over
Victims of Hurricane Ida in six states now have until Feb. 15 to file various individual and business federal returns and make tax payments. The updated relief, extended from Jan. 3, covers the entire states of Louisiana and Mississippi, as well as parts of New York, New Jersey, Connecticut and
The Public Company Accounting Oversight Board released updates to its staff guidance on Form AP, which auditors use to disclose the engagement partners and auditing firms involved in an audit. The staff guidance covers Form AP, “Auditor Reporting of Certain Audit Participants,” and related voluntary audit report disclosure under AS
Victims of this month’s weather in Illinois and Tennessee have until May 16 to file various federal individual and business returns and make tax payments. Following last week’s emergency declarations issued by the Federal Emergency Management Agency, the IRS is providing this relief — the same as was already provided
Accounting Today is in the midst of compiling its annual lists of the Top 100 Firms and Regional Leaders, and we’re looking for more top-notch accounting firms to include. The two prestigious lists rank the top firms by revenue — both nationwide and in specific regions of the country —
Emmanuel Faber was appointed chair of the International Sustainability Standards Board by the IFRS Foundation, effective Jan. 1, 2022. His appointment follows the announcement made at the 2021 United Nations Climate Change Conference (COP26) in November of the creation of the ISSB as a consolidation of the Climate Disclosure Standards
Friedman, New York, announced 12 new partners and two managing principals. As tax partners, the firm named: Kathy Deng, Matthew Citrolo, Heather Goldstein and Kimberly Kelly in New York; Michael Bowen-Ashwin and Brad Slavinski in Marlton; Tim Duffy in Philadelphia; and Michael Pace in East Hanover; as audit partners: Patrick
President Joe Biden acknowledged that his $2 trillion economic proposal likely would not clear Congress this year, meaning that 2021 ends without a major accomplishment on social and climate policy. The president, in a statement released Thursday evening, expressed confidence that the measure would eventually pass and urged patience as
Senate Democrats are preparing for the possibility that passage of President Joe Biden’s roughly $2 trillion economic agenda will get delayed until the new year, as negotiations falter between the White House and West Virginia Senator Joe Manchin, according to people familiar with the negotiations. Manchin has repeatedly raised concerns
