FASB to Consider Deferral of Revenue Recognition Effective Dates
The FASB has received several requests to delay the effective dates of the new Revenue Recognition standard, ASU No. 2014-09. Tempting as it may be to pause adoption efforts, it is essential to stay...
View ArticleCross-Border Deals: Have You Considered A CFIUS Filing?
If your company is pursuing a cross-border deal there are a number of complex challenges that you may face during the life of your transaction. One of the largest and most complex hurdles that you may...
View ArticleTax Bracket Management for Tax Year 2014
Tax savings can be achieved using several different strategies. One particular strategy, tax bracket management, is a critical component to managing one’s wealth and avoiding payment of unnecessary...
View ArticleHave You Implemented COSO’s Updated Internal Control Framework?
According to the calendar, we have officially passed the December 15, 2014 deadline for companies to transition from COSO's original “1992” Framework to their updated, “2013” Internal...
View ArticleTax Extenders Legislation for Tax Year 2014
Earlier this week, Congress passed a bill which extends dozens of individual and business tax provisions and allows several popular tax breaks to be claimed for tax year 2014 [...]
View ArticleMFA Cornerstone Consulting Expands Valuation Practice with Addition of...
MFA Cornerstone Consulting announces the addition of Ms. Christina Cannellos Henchman as a Director in its Valuation Practice [...]
View ArticleHas Your Emerging Growth Company Considered Delayed Adoption of The Revenue...
For those entities considering election of Emerging Growth Company status in an upcoming IPO, there is another important election for you to consider [...]
View ArticleInspiration Thrives at Notre Dame Cristo Rey High School
Here at the MFA Companies we find that inspiration walks through our doors every morning in the form of Notre Dame Cristo Rey High School students who are participating in our Corporate Work Study...
View ArticleGoing Concern Standard Puts the Spotlight on Management vs. Auditors
Under ASU 2015-15, management will now have primary responsibility for the going concern assessment under U.S. GAAP. To date, this responsibility has rested principally with the independent auditor [...]
View ArticleBusiness Transactions: Who’s On Your Team?
Ask the 2015 Super Bowl Champion New England Patriots how essential it is to have the “right” team working together to reach a common goal. Having access to the right team at the right time will...
View ArticleSurvey Says: Your Emergency Fund Isn’t Big Enough
If you are a New Englander you have certainly endured your fair share of weather this winter– we know that you can handle Mother Nature. However, are you prepared to weather a financial storm [...]
View ArticleFulfillment by Amazon Could Mean State Tax Filing Requirements for Your Company
Does your company utilize Amazon’s fulfillment services? If so, you may have state tax filing requirements in a number of jurisdictions [...]
View ArticleMFA Moves up on BBJ’s List of Largest Accounting Firms in MA
Through organic growth and the continued support of our clients and constituents in the community, we are honored to rank as the 14th largest accounting firm in Massachusetts in 2015 – up from 15th in...
View ArticleEnsuring Business Continuity
You may think that the company you created will last forever, especially if it’s a family business with siblings or children involved in its operation. But statistics say otherwise [...]
View ArticleExamining the Role of Private Equity in the Life Sciences Industry
The life sciences industry is flush with capital and at the peak of an unprecedented IPO boom. Industry watchers are wondering when the bubble will burst, but for the time being dealmakers are making...
View ArticleThe Impact of Social Security Numbers on Employee Benefit Plans
Social Security numbers (SSNs) in employee benefit plans (EBP) are a topic of growing concern for multiple reasons [...]
View ArticleWhat Your Life Science Company Needs To Know About Common FCPA Violations
Earlier this month, SEC Director of Enforcement Andrew Ceresney discussed current priorities of the Commission’s enforcement efforts, highlighting common FCPA violations and risks [...]
View ArticleMassachusetts Taxpayers Included on Both Federal and State "Top Ten" Audit Lists
According to a study of 1.4 million U.S. returns for the 2013 tax year, Massachusetts taxpayers have the undesirable distinction of being on two top ten lists for [...]
View ArticleTop of Mind Shareholder Topics for 2015
This Blog compiles a list of topics that corporate management and boards of directors should be prepared to address in connection with 2015 annual meetings.
View ArticleMFA Establishes Canadian Subsidiary
MFA – Moody, Famiglietti & Andronico, LLP, a CPA and consulting firm, is pleased to announce the expansion of its operations with the establishment of a wholly owned Canadian subsidiary, MFA Canada...
View ArticleFinding A New Leader
A company’s next leader may already be on the company’s leadership team, in which case it may seem that the leader has all the right attributes. But being on the leadership team is vastly different...
View ArticlePCAOB Audit Committee Dialogue and Other Resources
As part of its focus to engage stakeholders in improving the quality of corporate governance and in response to requests from public company audit committees, the PCAOB is finding new ways to share...
View ArticleExternal Auditor Assessment Tools
In June 2015, the Audit Committee Collaboration, facilitated by the Center for Audit Quality (CAQ), released both the “External Auditor Assessment Tool: A Reference for Audit Committees Worldwide” [...]
View ArticleExamining the Role of Private Equity in Manufacturing
Manufacturing of transportation equipment (TE) is a key economic driver worldwide and private equity has become an increasingly popular source of funding in many TE sectors [...]
View ArticleRegulation A+ Means More Access to Capital for Smaller Companies
On June 19, 2015 new SEC-adopted amendments to Regulation A, based on requirements of the JOBS Act, went into effect. The modernized Regulation A, also referred to as “Reg A+”, permits companies to...
View ArticleMFA Names John Antonelli II as Partner
MFA today announced it has named John Antonelli II, CPA, MST as partner. Mr. Antonelli has more than 15 years of experience in the CPA profession [...]
View ArticleCelebrating the Essence of Leadership
The following promotions reflect our firm’s commitment to foster leadership and learning within a culture of excellence. I would like to recognize these courageous, skillful leaders for their impact,...
View ArticleMFA Affiliate New Wealth Advisors Rebrands as MFA Asset Management
New Wealth Advisors, LLC, a leading Registered Investment Advisory firm and MFA – Moody, Famiglietti & Andronico affiliate company, has rebranded as MFA Asset Management, LLC [...]
View ArticleLooming IRS Proposal Will Limit Valuation Discounts for Family-Owned Entities
Catherine Hughes of the US Treasury Department recently indicated that proposed IRS regulations may limit the availability of lack of control and lack of marketability discounts for transfers of...
View ArticleTaking a Pulse on Your Control Environment through COSO
The most widely-used control environment guidance in the U.S. is COSO’s updated 2013 Internal Control-Integrated Framework [...]
View ArticleSeveral Tax Deadline Changes Result from Highway Funding Bill
The short-term highway funding bill, H.R. 3236, contains several important tax provisions which change tax filing deadlines for individuals and corporations [...]
View ArticleExamining the Role of Private Equity in Healthcare Real Estate
While the number of senior housing real estate deals continues to rise, deal sizes seem to be on the wane [...]
View ArticleExamining the Role of Private Equity in Cleantech
In 2015, clean energy investment in the first quarter of the year slumped to its lowest level in two years globally – and dropped 15 percent year-on-year, according to data from Bloomberg New Energy...
View ArticleYear End Tax Planning Considerations
As Fall quickly approaches, year-end tax planning will become a hot topic for many client service professionals [...]
View ArticleSpreadsheets & Sneakers: MFA Team Completes 200 Mile Relay
MFA – Moody, Famiglietti & Andronico, LLP sponsored a team of 12 Firm members to participate in the 2015 Reach the Beach Relay [...]
View ArticleHow Can I Measure the Liquidity of My Nonprofit?
Financial performance measurement is a strategy a Nonprofit organization can use for evaluating operations, programs, services and financial stability. One of the key measurement tools is financial...
View ArticleSEC Says Yes To Crowdfunding – What’s The Cost?
On October 30th, 2015 the SEC voted on and adopted final rules permitting companies to offer and sell securities through crowdfunding. However, for a small business eager to take advantage of this...
View ArticleQuality Matters When It Comes To Employee Benefit Plan Audits
Are you an employee benefit plan administrator? If so, you should be aware that employee benefit plan audits have unique reporting requirements vastly different from other types of financial audits [...]
View ArticleAnother Unique Way MFA Supports the Startup Community
What could you do if someone believed in your company, gave you chance and guided your ambitions toward growing a thriving and profitable organization? As a Firm, we find it innately important to...
View ArticleTax Extenders Legislation Still in Negotiation
This time last year we were in a very similar situation, getting ready for the holidays and waiting to see when and if Congress would pass a bill allowing taxpayers to access several popular tax breaks...
View ArticleComing Attraction: The FASB’s Standard on Leases
2016 is right around the corner. With it will come more than a new year as all companies who report under U.S. GAAP will also receive news of a brand new accounting standard on leases [...]
View ArticleNew Legislation Makes Key Tax Provisions Permanent; Extends Others
On December 18, President Obama signed into law new legislation permanently extending several popular tax incentives and temporarily extending others [...]
View ArticleMFA Earns Inavero’s 2015 Best of Accounting Award
MFA announced today they have earned Inavero’s 2015 Best of Accounting Award for client service excellence. Winners of the prestigious Best of Accounting award receive client satisfaction scores that...
View ArticleResearch & Development Tax Credit Made Permanent
On December 18, 2015, President Obama signed the Protecting Americans from Tax Hikes Act of 2015, which includes a provision making permanent the Research & Development tax credit under Section 41...
View ArticleFASB’s ASU 2015-12 Simplifies Financial Reporting for EBPs
Plan sponsors (and plan advisors) often struggle with the appropriate application of new accounting pronouncements due to limited and/or complex technical guidance on implementation [...]
View Article2015 and 2016 Tax Rates
January 19th marked tax season kickoff for the Nation’s Taxpayers. As a reference, the federal income tax rates for 2015 and 2016 are provided below [...]
View ArticleFDA Issues New Cybersecurity Guidelines For Medical Device Manufacturers
Following a spate of major data breaches — resulting in over 112 million compromised health records in 2015 alone — healthcare is the latest industry to face heightened regulatory scrutiny of its cyber...
View ArticleMFA Affiliate Strategic Talent Changes Name to MFA Talent Management
Strategic Talent, a leading professional staffing firm serving the New England region and beyond and MFA affiliate company, is pleased to announce it has changed its name to MFA Talent Management [...]
View ArticleExamining the Role of Private Equity in the Technology Industry
Software M&A activity—and deal-making in general—was robust in 2015 [...]
View ArticleMFA Moves up on BBJ’s List of Largest Accounting Firms in MA
MFA is proud to climb the ranks of the Boston Business Journal's List of The Largest Accounting Firms in Massachusetts [...]
View Article
