Sarbey, Lexow & Kaufman (SLK) is very excited to announce the addition of Andrea del Valle as a Senior in our audit and advisory practice. Prior to joining Sarbey, Lexow & Kaufman LLC, Andrea was an Assurance Senior Associate with the audit practice of PricewaterhouseCoopers LLP, based out of Miami/Fort Lauderdale, Florida, where she served [...]
Sarbey, Lexow & Kaufman (SLK) is very excited to announce the addition of Stephanie Jackson, CPA as a senior in our audit and advisory practice. Prior to joining Sarbey, Lexow & Kaufman LLC, Stephanie was an Assurance Associate with the audit practice of CliftonLarsonAllen, based out of Sebring, Florida, where she served a variety of [...]
A bipartisan bill passed the House of Representatives on March 29 that would raise 401(k) contribution limits for older workers and raise the Required Distribution age in stages over time, allowing Americans that work longer, to save longer. You may hear the bill referred to as the “SECURE Act 2.0” because it builds on the [...]
It takes time to implement new accounting policies and procedures and supporting controls and systems. Below is a select list of new accounting standard updates (“ASU” or “Update”) effective for nonpublic entities in calendar year 2022. Warning… accounting complexities may prove challenging! Now is the time to evaluate the implications these may have on your [...]
It takes time to implement new accounting policies and procedures and supporting controls and systems. Below is a select list of new accounting standard updates (“ASU” or “Update”) effective for nonpublic entities in calendar year 2022. Warning… accounting complexities may prove challenging! Now is the time to evaluate the implications these may have on your [...]
It takes time to implement new accounting policies and procedures and supporting controls and systems. Below is a select list of new accounting standard updates (“ASU” or “Update”) effective for nonpublic entities in calendar year 2022. Warning… accounting complexities may prove challenging! Now is the time to evaluate the implications these may have on your [...]
It takes time to implement new accounting policies and procedures and supporting controls and systems. Below is a select list of new accounting standard updates (“ASU” or “Update”) effective for nonpublic entities in calendar year 2022. Warning… accounting complexities may prove challenging! Now is the time to evaluate the implications these may have on your [...]
Although the Infrastructure Bill was signed into law on November 15, 2021, there's still time for eligible businesses to claim the Employee Retention Tax Credit (ERTC) credit. The ERTC (Employee Retention Tax Credit) is a one-time Federal refundable tax credit which was designed to reward and encourage businesses to keep their employees on payroll. It has [...]
Public companies have had to comply with Accounting Standards Codification (ASC) 842, Leases, since the beginning of 2019, and now that deadline is quickly approaching for private companies. After several delays, the Financial Accounting Standards Board (FASB) has confirmed that ASC 842 is set to be effective for periods beginning after December 15, 2021 for [...]
According to Gartner, Third Party Risk Management (TPRM) was identified as the top threat by compliance leaders in 2019. The focus has been magnified in 2020 and 2021 with the impact of the COVID-19 pandemic, the Great Resignation, and the ever-increasing reliance on third parties to deliver on commitments. As CPAs and Risk Advisory professionals, we [...]
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