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Operating Expense Reconciliation Statements, taxes, utilities, sundry services and supplemental cleaning is where tenants and organizations can find the opportunity to save millions. Take advantage of the OpEx true-up and avoid overpaying with these tips. Every year landlords send Operating Expense Reconciliation Statements (“OpEx true-up”) to their tenants, and every year most tenants submit the payment requested without a second thought…
by Jason Aster
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Engaging the next generation of investors is no easy task. Financial companies are now tasked with finding innovative and creative ways to capture the attention of younger investors. Whether publicly traded financial companies have verified sustainability plans in place or have been accused of “greenwashing,” environmental, social, and governance (ESG) standards have trended upward over the past year, in which a record $649 billion was poured into ESG-focused funds worldwide in 2021…
by Terry Branstad
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Tax changes over the last few years have challenged businesses across the United States. Yet, as these tax changes level-off, recent research indicates that both state and local rates are at an all time high. The last few years have been a rollercoaster ride for businesses following tax changes in cities, counties, and districts across the United States. And while organizations will find some relief in the fact that local tax changes are beginning to level off, both state and local rates are at an all-time high, according to research in Vertex’s Mid-Year Rates and Rules Report.
by Michael Bernard
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Where FEI New York City Members Connect |
- Connect with more than 10,000 FEI members instantly
- Learn from peer knowledge and experience
- Share information, documents, and videos easily
- Access anywhere and at anytime
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After four years of research and stakeholder feedback, the Financial Accounting Standards Board (FASB) decided to remove the project for changes in the accounting of goodwill from its active agenda on June 15, 2022. The FASB was considering a new model where public companies would amortize the value of goodwill over time, rather than the current model of carrying it on their books and re-assessing its value periodically or when deemed necessary (i.e., after triggering events, etc.) through impairment testing.
Submitted by Empire Valuation Consultants
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Join Crowe this summer for these events designed to combine the benefits of educational meetings with peer networking for banking industry professionals.
Sessions:
- Fintech/Banking as a Service
- Accounting and Financial Reporting Update
- Compensation and Other Human Capital Considerations
- Industry/Legal Update
Submitted by Crowe
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Organizations are relying on cloud environments more than ever, so effective cloud security controls are critical. The adoption of cloud technology has accelerated in recent years, particularly in response to the COVID-19 pandemic. According to Check Point, more than 98% of organizations use some form of cloud-based infrastructure and more than 76% rely on multicloud deployments composed of services from multiple providers.
Submitted by Crowe
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Every company knows that timely response to communications is one of the keys to customer satisfaction. Companies often don’t realize that this behavior is important in any relationship, not just keeping customers happy. To develop and maintain both your relationships and bottom line, identify and rectify any situation where employee communications are subpar. Submitted by Point Road Group
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Tues Sept 13 | 01:00pm ET | 1 hr
Credits offered: CPE
Participants will gain a new understanding of these and other important issues related to the global ESG reporting landscape. With the US SEC issuance of a proposed rule to require climate disclosures, including greenhouse gas emissions metrics, that require attestation for Scope 1 and 2 emission metrics, and financial statement disclosures many companies are exploring how to prepare for potential mandatory climate disclosures. We’ll discuss:
• How companies can accelerate preparation for the new requirements
• What to expect when seeking an attestation report on emission metrics
Submitted by Deloitte
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by Amy Park, Macaela Karnick, Amy Steele, Yoland Sinclair, Tony Goncalves, and Doug Rand, Deloitte & Touche LLP
This updated Financial Reporting Alert discusses the SEC’s Staff Accounting Bulletin (SAB) No. 121 (issued on March 21, 2022), which:
Provides the SEC staff’s view that it would be appropriate for an entity that has an obligation to safeguard crypto-assets to record a liability and corresponding asset on its balance sheet at the fair value of the crypto-assets. Adds Section FF to SAB Topic 5; this section includes “interpretive guidance for entities to consider when they have obligations to safeguard crypto-assets.”
Submitted by Deloitte
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We are in the middle of a generational shift taking place right before our eyes. With this shift, America’s workforce is changing, and rapidly. According to the Pew Research Center, millennials have surpassed Baby Boomers as the nation’s largest living adult generation. This trend will continue through the 2030s as the millennial generation continues to grow and join the workforce while boomers continue to age and retire. Nearly all segments of the economy are experiencing the impact of this ongoing transition. Submitted by Baker Tilly
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on September 20, 2022 @ 6:00PM ET
Join FEI NYC for an enjoyable evening of good company, networking and cocktails.
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Platinum Sponsors
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Gold Sponsors
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Silver Sponsors
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Our Chapter is the premier organization for financial executives in New York City. The Chapter promotes the fellowship and interaction among its members and has active programs to enhance their professional knowledge and qualifications. Read more... |
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