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RSM Appoints Ernest Nedder, CPA, as CEO

CPA Practice

RSM, the leading global assurance, tax and consulting provider to the middle market, today announced that Ernest John Nedder will succeed Jean Stephens as the new chief executive officer for RSM International, effective June 1, 2024. Formerly National Head of Tax for RSM US, under his leadership the U.S. Ernest “E.J.”

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Monday Morning Accounting News Brief: Pissed Off Wipfli Employee Got the Office Shut Down; New PwC Flight Rules | 12.11.23

Going Concern

PwC has pledged to cut emissions from its operations to net zero by 2030. Business travel remains PwC UK’s single-largest source of carbon pollution, with flying accounting for more than two-thirds of the firm’s emissions in 2022. I think we’re losing our way,” he said on the latest Accountants Daily podcast.

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RSM US Reaches Revenue of $3.7 Billion in FY 2023

CPA Practice

In January 2023, we launched a new global strategy for 2030, uniting all 57,000 people at RSM around the world. Among RSM’s core service lines, consulting comprised 38% of the firm’s revenue, followed by tax at 33%, assurance 28%, and other 1%. Courtesy of RSM US RSM is the fifth largest public accounting firm in the U.S.

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Seize the Opportunity Around California and the SEC’s New Carbon Reporting Requirements

Cherry Bekaert

Globally, the near-term goal is to cut carbon emissions by 50% by 2030 to limit global warming to 1.5 There are tangible business benefits to measuring and reporting emissions,” says Gabriela Payne, Senior Manager, Risk & Accounting Advisory Services. In fact, most nations in the developed world, including the U.S.

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Fiscal Year 2023 Revenue Proposal: How Does the Biden Administration’s Proposal Impact the Real Estate Industry?

KROST

Tax Long-Term Capital Gains at the Ordinary Income Rate. Under current tax law, long-term capital gains and qualified dividends are taxed at a maximum income tax rate of 20%. This means that the tax rate for such gain can go up to 37% or potentially to 39.6% Tax Depreciation Recapture At Ordinary Income Rate.