Archive for January, 2018

Principal Promotion Spotlight: Jesse Gillett

At our annual State of the Firm meeting in November, we announced the promotion of business valuation manager, Jesse Gillett, to the principal level. Prior to joining Edelstein & Company in 2015, Jesse was a consultant at

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Posted In: News

Accounting & Audit Alert- Income statement items warrant your auditor’s attention

Today’s auditors spend significant time determining whether amounts claimed on the income statement capture the company’s financial performance during the reporting period. Here are some income statement categories that auditors focus on. Revenue Revenue recognition

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Posted In: Alerts & Advisories

Edelstein at the Pine Street Inn

As we begin to celebrate our 50th anniversary here at Edelstein, we shared that we will be taking part in 5 larger scale community serving events to commemorate one per decade that we have been

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Posted In: Events, Sponsorships

Asset Management Industry December 2017 Update

Edelstein & Company’s valuation team is pleased to release our second installment of an asset management industry update, with public insights geared towards privately held managers.  This piece, intended to be part of an ongoing

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Posted In: Alerts & Advisories

Tax Alert- The TCJA temporarily expands bonus depreciation

The Tax Cuts and Jobs Act (TCJA) enhances some tax breaks for businesses while reducing or eliminating others. One break it enhances — temporarily — is bonus depreciation. While most TCJA provisions go into effect

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Posted In: Alerts & Advisories

Accounting & Audit Alert- Got multiple locations? Expect auditors to keep a close eye on inventory

Do you remember the high-profile fraud that happened at drugstore chain Phar-Mor in the 1990s? Executives manipulated the company’s financial statements to hide approximately $500 million in losses. A key ploy that perpetrators used in

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Posted In: Alerts & Advisories

Edelstein Celebrates 50- Cheers To 50 Years!

As we ring in 2018, we’re celebrating more than just the New Year here at Edelstein.  2018 marks our firm’s 50th anniversary. In 1968, Alan Edelstein, a young lawyer-turned-CPA, decided to hang out his own

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Posted In: Alerts & Advisories, Events, News