Accounting
37 results total, viewing 1 - 10
Imagine a company that allows its employees to take nothing in salary this year in exchange for promissory notes to pay them twice as much in 10 years. Although there would be no immediate cash outlay, the company would still be required to accrue expenses reflecting the promises. more
Restivo Monacelli LLP has acquired Foxboro, Mass.-based certified public accounting firm Kennedy & Associates PC to establish a presence in Massachusetts, according to firm partner Steven E. Monacelli. more
Braver PC, a regional accounting firm with offices in Providence and Needham, Mass., merged its accounting, business strategies and valuation services divisions with national accounting and advisory firm Marcum LLP effective Jan. 1, the New York-based company announced Monday. more
An estate tax cut estimated to save taxpayers $18 million annually must make Rhode Island more attractive to wealthy retirees, right? more
Current accounting standards for goodwill are seen as complex because they require regular impairment testing and do not permit goodwill amortization. Goodwill impairment – when goodwill has become or is considered to be of lower value than at the time of purchase – became a public issue during the accounting scandals in 2002. more
As a partner at BlumShapiro in Providence, Monica A. Motta wears two hats. more
The recent release of Institutional Investor Alpha’s hedge-fund survey has everyone asking how the fund managers continue to make so much money. Academics and journalists alike point out that hedge funds, as a class, haven’t delivered above-market after-fee returns for quite some time. more
William R. Pirolli, a CPA and partner at DiSanto, Priest & Co., has been appointed to the American Institute of Certified Public Accountants Relations with the Bar Association Committee, where he will be representing the CPA community at the National Conference of Lawyers and CPAs. This gathering focuses on promoting professional excellence to improve the professions’ public good. DiSanto, Priest & Co. concentrates on financial strategic planning and retreat services for businesses, with a focus on nonprofit organizations, as well as accounting and law firms. Pirolli holds a B.A. in business administration/accounting from Bryant University. more
It’s budget time in Rhode Island, and two tax changes being considered promise to improve the state’s business climate. more
The South Eastern Economic Development Corp. has closed on a $90,000 small-business loan to the Learning Center of Hopkinton, allowing the business to expand and create two full-time jobs, according to an announcement by SEED. more
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