Pittsburgh Accounting and CPA News


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Accountants wouldn't get lower rate under House bill

The tax reform bill passed by the House on Thursday doesn't align with the Senate proposal in the way they tax pass-through businesses such as accounting firms. "Service industries including accounting firms, engineering firms and other firms do not get the benefit of the lower 25 percent tax rate," said Brent Lipschultz, a tax partner in PricewaterhouseCoopers' personal financial services practice in New York.

Providence Appoints Carter Pate as Interim Chief Executive Officer

PRNewswire reports that the Providence Service Corporation has appointed Carter Pate, who was recently named a Board Governance Fellow by the National Association of Corporate Directors, as its interim CEO. Pate replaces James Lindstrom, who recently resigned as both president and chief executive.

PRGX Global, Inc. (PRGX) Director Buys $180,051.98 in Stock

PRGX Global, Inc. Director Matthew A. Drapkin purchased 25,042 shares of the business's stock in a transaction dated Friday, November 10th. The shares were bought at an average price of $7.19 per share, with a total value of $180,051.98.

Mizzou creates online master's degree in accounting

Officials with the University of Missouri announced on Thursday that students will have the option to pursue a master's degree in accounting online. "Making our degree available online gives students and working professionals the chance to be part of a nationally ranked program and broadens their access to an extensive network of faculty and accounting industry peers," Vairam Arunachalam, director of the MU School of Accountancy.

Mastercard receives 2017 Global Shared Value Award

NASHVILLE, Tenn. and PURCHASE, N.Y: At the Global Action Summit, hosted by Fareed Zakaria , Global Action Platform, in association with KPMG International presented the 2017 Global Shared Value Award to Mastercard.

Goodman Theatre Celebrates 40 Years Of a Christmas Carol

Nearly 100 actors, crew, staff and audiences of A Christmas Carol have smiled, spoken and shared. Today, Goodman Theatre launches a multimedia showcase reflecting the impact the production has made over 40 years: the "Humans of A Christmas Carol" photo project, featuring the cast, crew and staff captured by famed Chicago-based photographer Frank Ishman; and "A Christmas Carol All-Stars," stories from a variety of patrons-from those who have attended nearly every year, to the couple married by "Bob Cratchit," to the fan named for Tiny Tim.

Markets Live: Relief in store for ASX

Buying in the big banks helps offset more falls for resources, amid a busy day of annual meetings and as the jobless rate drops to a five-year low. Ramsay Health Care chairman Michael Siddle has defended the company's move into France to shareholders at the annual meeting in Sydney despite the hospitals operator indicating it remains a tough operating market in the near term.

MYOB invests in advisers with acquisition of Reckon's Group

In a further demonstration of MYOB's commitment to the role advisers will play in the future of the accounting industry, MYOB has announced the acquisition of Reckon's Accountant Group, a leading provider of practice software solutions in New Zealand and Australia. Subject to regulatory approval, MYOB is acquiring the assets of Reckon's Accountant Group, which includes three businesses - Reckon APS, Reckon Elite and Reckon Docs - for a total consideration of A$180 million.

Brookdale Senior Living Inc. (BKD) Holdings Boosted by CNA Financial Corp

CNA Financial Corp raised its position in Brookdale Senior Living Inc. by 157.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 335,609 shares of the company's stock after buying an additional 205,399 shares during the period.

Grant Thornton Strengthens Market Presence in Manitoba

TORONTO: Grant Thornton LLP is pleased to announce the appointment of Ryan Peterson in the role of Partner, Assurance Services and Christa Walkden, Principal, leading U.S. Personal Tax for Manitoba. Both professionals will focus on advising dynamic organizations in Winnipeg and across Manitoba.

Building A Modern Finance Organization: KPMG And BlackLine Form Alliance

The combination of BlackLine's cloud platform for automation and analytics with KPMG's finance process enablement and automation vision will provide clients with financial solutions that can be implemented into their business processes to help improve staff efficiencies, shift focus from transactional to analytical, and align finance strategies with those of the business.

Times Square Is Having Trouble Hanging On to Office Workers

New York's Times Square, which moved past its era of porn and squalor by luring companies to new skyscrapers, now faces defections by some of those very tenants. The most recent is Ernst & Young LLP.

TV Viewers Struggle To Find Shows, Turn To Streaming Television News Daily a " 10 minutes ago

Some 62% of TV consumers find it a "struggle" to discover something to watch, says a new PwC study. The report also says that after a few minutes of searching, 20% consumers to default to "rewatching something they have already seen."

Chamber of Commerce elects new board members

They are Jonathan Kriegel of Docomo Pacific; Joe Arnett of Deloitte and Touche; Sandra McKeever of Asia Pacific Financial Management Group; Kim Anderson Young of Security Title; Mark Sablan of South Pacific Petroleum; and Mark Tokito of the Bank of Hawaii. Kriegel was the top vote-getter and will serve on the Executive Committee.

Najarian Brothers See Unusual Options Activity In Bed Bath & Beyond And Brookdale Senior Living

Jon Najarian spoke on CNBC's "Fast Money Halftime Report" about a bullish options activity in Bed Bath & Beyond Inc. . Around 6,000 contracts of the December 20 calls were traded in the first half of the trading session.

SEC Comment Letter Trends

This month, Deloitte & Touche LLP released its annual study on the Securities and Exchange's recent comment letters. The 2017 study notes a decline in the overall number of SEC reviews with comment letters and in the number of SEC comments issued over the past several years.

Grant Thornton taps Jonathan Eaton to lead Supply Chain Management practice

In this role, Eaton will oversee the delivery of the firm's supply chain services offerings, including strategy and transformation, integrated demand and supply planning, strategic sourcing and procurement solutions, analytics and visibility solutions, as well as transportation and network optimization. "Jonathan has a unique ability to help clients define their supply chain strategy in response to changing market conditions and other disruptive forces," said Mike Ward, national managing principal of Business Consulting and Technology for .