Going Concern
MAY 5, 2023
The little 7,997 person town of Charlestown, RI has settled its issues with Marcum after “furious” town officials received an unitemized $55,992 bill for out of scope services on the town’s 2022 audit. The contract stated that fees “will be rendered as the work progresses, and are due and payable upon presentation.”
Withum
JULY 6, 2023
Stephanie is a Senior Manager of audit and accounting, specializing in manufacturing and distribution, not-for-profit, healthcare, and employee benefit plans. Outside of the office, Stephanie dedicates her free time to serving the Board of Directors for the Rhode Island chapter of the Alzheimer’s Association.
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Going Concern
JULY 13, 2023
Concerns over the reputation and legal troubles surrounding the audit firm Marcum LLP have led members of the Chariho School Committee to terminate its contract, moving in a different direction for the first time in 18 years. It may be called The Westerly Sun but this paper is throwing nothing but shade at Marcum.
PYMNTS
APRIL 17, 2020
A Rhode Island company is facing allegations of falsely claiming to be an authorized lender for the Small Business Association’s (SBA) Paycheck Protection Program (PPP). District Court for the District of Rhode Island, alleged that the company, also doing business as SBA Loan Program and SBA Loan Program.com, and its owner John C.
TaxConnex
FEBRUARY 25, 2021
State-specific regulations also include idiosyncrasies such as the Rhode Island rule that you must send a use tax notification to the customer 48 hours after the order has been placed, rather than after the sale has been made. As with most things related to sales tax, use tax is not a one size fits all answer.
Going Concern
NOVEMBER 17, 2022
He told Forbes , “We know that there was a large amount of fraud,” but it will have to wait until next year’s audit to get the requisite data to put a dollar amount on the criminal activity. Related articles: Rhode Island Believes In Second Chances, Even for Deloitte. Rhode Island Is Still Holding a Grudge Against Deloitte.
Cherry Bekaert
JANUARY 24, 2024
The report examined the laws of seven states (Connecticut, Illinois, Massachusetts, New York, Rhode Island, Washington, West Virginia) and the District of Columbia, and found that many of those states adopted laws similar to the federal Community Reinvestment Act in decades following the 1977 passage of the landmark federal anti-redlining law.
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