Contributor: John Fatigati
By Edelstein on March 13, 2023
Organizations that understand how auditors verify account balances and transactions can minimize disruptions during audit fieldwork and maximize the effectiveness of financial statement audits. Here’s a summary of the types of “substantive evidence” auditors gather
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Posted In: Alerts & Advisories
By Edelstein on March 7, 2023
We are, once again, proud to announce that we have been named as a top accounting firm in Massachusetts by the Boston Business Journal. Published on February 9, 2023, we are ranked as the 18th
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Posted In: Awards
By Edelstein on February 27, 2023
Graphs, charts, tables and other data visualizations can be inserted in your financial statement disclosures to improve transparency and draw attention to key accomplishments. As your organization prepares its year-end or quarterly financials, consider presenting
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Posted In: Alerts & Advisories
By Edelstein on February 13, 2023
It can be challenging to keep track of which accounting rules are changing, when the changes kick in and for which types of entities. Plus, implementing the necessary revisions to your organization’s procedures and systems
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Posted In: Alerts & Advisories
By Edelstein on January 16, 2023
CPA firms do more than audits and tax returns. They can also help you with everyday accounting-related tasks, such as bookkeeping, budgeting, payroll and sales tax filings. Should your organization outsource its accounting needs? Here
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Posted In: Alerts & Advisories
By Edelstein on January 10, 2023
On November 30, 2022, Forbes released their third annual list of America’s Best Tax and Accounting Firms. Forbes selected the recipients based on an independent survey and an online access panel of thousands of tax and
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Posted In: Awards
By Edelstein on December 19, 2022
What do Tesla cars, smart TVs and equipment used for making french fries have in common? The answer is embedded software, according to recent comments by Financial Accounting Standards Board (FASB) Vice Chair James Kroeker.
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Posted In: Alerts & Advisories
By Edelstein on October 17, 2022
Technology is taking auditors into the 22nd century. While auditors are beginning to explore the possibilities afforded by technology, including predictive analytics and the cloud, expectations are changing quickly. Soon, investors and regulators alike will
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Posted In: Alerts & Advisories
By Edelstein on October 10, 2022
Securities and Exchange Commission (SEC) Chair Gary Gensler spoke during a recent webcast to commemorate the 20-year anniversary of the Sarbanes-Oxley Act. Gensler recommended that the SEC take a “fresh look” at its rules on
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Posted In: Alerts & Advisories
By Edelstein on October 4, 2022
Accounting Standards Codification Topic 842, Leases, requires organizations to report the full magnitude of their long-term lease obligations on their balance sheets — a historic first. For private companies and nonprofits, the changes take effect
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Posted In: Alerts & Advisories