Firm Management

Now that many professionals are breathing a sign of relief at having gotten through another tax season, the latest rankings of tax, audit and consulting firms is out.

A partner with the accounting firm Marcum LLP has been selected to co-chair the 2014 AICPA/AAML National Conference on Divorce. Sharyn Maggio, an Advisory Services Partner in the Roseland and Neptune, NJ, offices of Marcum will lead the the biennial conference of the leading organizations for CPAs and divorce law practitioners. The conference will take place in Las Vegas from April 24-25.

Big 4 accounting and consulting firm KPMG LLP is getting green this Earth Day, April 22. The global firm, which has about 23,000 staff, is planning a week devoted to conducting environmental sustainability service projects in its 90 offices throughout the United States.

The Financial Accounting Standards Board (FASB) has issued new guidance that improves U.S. Generally Accepted Accounting Principles (GAAP) by more faithfully representing when a company or other organization discontinues its operations.

Accounting offices across the country have started transitioning to offices that allow staff to work anywhere, anytime. This has led to many professionals “burning the midnight oil” to get more done at a time when everything else slows down.

According to recent surveys by the American Institute of CPAs, there has been a noteworthy increase in the number of traditional minority members and partners at U.S. public accounting firms. According to a new study by accounting association BKR International, however, that change has been slow.

When it comes to investing in employees, CohnReznick LLP knows a thing or two. The accounting, tax and advisory firm was recently named one of the Best Places to Work for Career Development by Crain’s Chicago Business. CohnReznick’s Chicago office was ranked third among the honorees in the career development category.

The American Institute of Certified Public Accountants has announced its support for the bill, and the group's president and CEO, Barry C. Melancon, CPA, CGMA, issued a response commending them.