Accounting Today
JULY 25, 2025
CONNECTICUT FASB, GASB and FAF logos on the wall at headquarters in Norwalk, Connecticut Courtesy of GASB The Financial Accounting Foundation board of trustees announced it is seeking nominations for new members to join the Financial Accounting Standards Advisory Council for an initial one-year term beginning Jan.
Accounting Today
JULY 24, 2025
West Long Branch, New Jersey: Resident Matthew Tucci has pleaded guilty to tax evasion. He concealed his financial accounts from the IRS, transferring funds from accounts he owned to accounts in only his spouses name, filing false court documents to terminate federal tax liens against his property and lying to IRS investigators.
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Going Concern
OCTOBER 25, 2024
NJ tells Clifton it can’t audit its finances until it has the money to do so [ NorthJersey.com (New Jersey, duh)] The state Department of Community Affairs has ruled that the city needs to wait to authorize a forensic audit of its finances until it has the necessary funds, which won’t be available until after Nov.
Going Concern
AUGUST 14, 2024
Yet another accounting firm has reported a data breach, this time Heier Weisbrot & Bernstein of Gibbsboro, New Jersey and the details are a bit scarier than just bad actors caught digging around in the firm’s files. We have no way of knowing if Heier Weisbrot & Bernstein, LLC has a tax return backlog.
Going Concern
JULY 7, 2023
Selected participants will convene in December 2023 or early January 2024 at the AICPA’s office in Ewing, New Jersey. Requirements are as follows (sorry, new passers): Be a licensed CPA with at least two years of experience (including the past 12 months) supervising the work of newly licensed CPAs.
CPA Practice
MAY 18, 2023
Justin Chudzik (Pennsylvania), a graduate of the University of Pittsburgh with a Bachelor of Science in Business Administration (majoring in accounting) and a Master of Science in Accounting, is employed with the Financial Accounting Standards Board (FASB) in Norwalk, CT. Michael Paul Donnelly, Jr.
Going Concern
JUNE 30, 2023
This is “translating into a lack of clarity in what gets reported, which then gives investors concerns, which (in turn) puts more pressure” on CFOs and the leadership team, said Myles Corson, global strategy and markets leader, financial accounting advisory services for EY.
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