Recent Posts

Edelstein Named as Top 200 Firm for Sixth Consecutive Year

We are proud to announce that Edelstein has again been named as one of the Top 200 (#175) accounting firms in the nation by Inside Public Accounting (IPA). Firms are ranked by U.S. net revenues

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Posted In: Awards

Accounting & Audit Alert- Internal control questionnaires: How to see the complete picture

Businesses rely on internal controls to help ensure the accuracy and integrity of their financial statements, as well as prevent fraud, waste and abuse. Given their importance, internal controls are a key area of focus

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Posted In: Alerts & Advisories

June 2021 at Edelstein

As we head further into summer, Edelstein wanted to take a break to reflect on June. Watch the video below to see what we were up to. Watch our May at Edelstein video, here.

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Posted In: News

Accounting & Audit Alert- Auditing WIP

Many types of businesses — such as homebuilders and manufacturers — turn raw materials into finished products for customers. Production is a continuous process. So, any work that’s been started but isn’t yet completed before

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Posted In: Alerts & Advisories

Edelstein To Close Offices From July 5 Through July 9

In observance of Independence Day and in recognition of the hard work our team put in with the extended deadlines and changing regulatory rules, Edelstein will be closing our offices from July 5 to July

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Posted In: News

Accounting & Audit Alert- Follow the cutoff rules for revenue and expenses

Timing counts in financial reporting. Under the accrual method of accounting, the end of the accounting period serves as a strict “cutoff” for recognizing revenue and expenses. However, during the COVID-19 pandemic, managers may be

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Posted In: Alerts & Advisories

Accounting & Audit Alert- Accounting methods: Private companies have options

Businesses need financial information that’s accurate, relevant and timely. The Securities and Exchange Commission requires publicly traded companies to follow U.S. Generally Accepted Accounting Principles (GAAP), often considered the “gold standard” in financial reporting in

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Posted In: Alerts & Advisories

Tax Alert- Tax-favored ways to build up a college fund

If you’re a parent with a college-bound child, you may be concerned about being able to fund future tuition and other higher education costs. You want to take maximum advantage of tax benefits to minimize

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Posted In: Alerts & Advisories

Accounting & Audit Alert- Accounting estimates present challenges in times of uncertainty

In today’s unprecedented market conditions, it can be challenging to predict metrics that underlie your company’s accounting estimates. Examples of key “unknowns” include how much longer certain pandemic issues will continue, how federal stimulus spending

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Posted In: Alerts & Advisories

Marc Bello to be Panelist on Town Hall with Family Law Colleagues

On Tuesday, June 15, 2021, Business Valuation & Forensic Accounting Partner, Marc Bello, will be a panelist on the Greater Newburyport Bar Association’s Town Hall with Family Law Colleagues. The program will be a hybrid

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Posted In: Events