Contributor: Virginia Stintmane

Accounting & Audit Alert- Complying with SECURE Act Changes to Long-Term Part-Time Employee Eligibility and IRS Form 5500

Two significant regulatory changes to retirement plans require immediate attention from plan sponsors, both to ensure current operational compliance and to comply with upcoming deadlines. Many long-term, part-time (LTPT) employees are now eligible for 401(k)

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Posted In: Alerts & Advisories

2024 Largest Accounting Firms Announced

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 8, 2024, we are ranked as the 18th largest

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Posted In: Awards

Accounting & Audit Alert- Construction Contract Audits: Safeguarding Your Project’s Bottom Line

Construction projects are all about building and creating something new. But the often time-consuming, capital intensive process can lead to costly overcharges, unnecessary waste, and damaging fraud. To help reduce those risks, an independent, third-party

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Posted In: Alerts & Advisories

Accounting & Audit Alert- 2024 Deadlines and Important Dates for Plan Sponsors

Sponsors of defined benefit and defined contribution retirement plans should keep the following deadlines and other important dates in mind as they work toward ensuring compliance for their plans in 2024. Dates assume a calendar

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Posted In: Alerts & Advisories

Accounting & Audit Alert – It’s Always Been a Matter of Trust

Digital transformation is nothing new. While keeping up with the latest technology is important, it also carries risks – from data security to regulatory compliance. Your customers, business partners, investors, and regulators trust you to

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Posted In: Alerts & Advisories

Accounting & Audit Alert- SOC Reporting for Private Equity: Protecting Assets and Avoid Surprises at Exit

As private equity (PE) leaders are adopting various strategies to safeguard and expand their businesses, one approach gaining significant attention is system and organization controls (SOC) reporting. The reason behind this growing interest is SOC

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Posted In: Alerts & Advisories

PRESS RELEASE: Edelstein & Company LLP Expands Global Presence with New Office in India

Boston, MA – Edelstein & Company LLP, a premier, mid-sized accounting and business consulting firm, is pleased to announce the opening of its new office in India, expanding its global footprint and strengthening its commitment

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Posted In: News

Accounting & Audit Alert- Navigating the percentage-of-completion method

Does your business work on projects that take longer than a year to complete? Recognizing revenue from long-term projects usually requires use of the “percentage-of-completion” method. Here’s an overview of when it’s required and how

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Posted In: Alerts & Advisories

Accounting & Audit Alert- New report identifies high-risk areas in financial reporting

In July 2023, the Public Company Accounting Oversight Board (PCAOB) published a report that highlights common areas of audit deficiencies for public companies. Private companies face similar challenges when reporting their financial results. Internal accounting

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Posted In: Alerts & Advisories

Accounting & Audit Alert- Overhead allocations: Rising costs require a fresh, disciplined mindset

From utilities and interest expense to executive salaries and insurance, many overhead costs have skyrocketed over the last few years. Some companies have responded by passing along the increases to customers through higher prices of

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Posted In: Alerts & Advisories