Updated February 28 at 8:42pm
Accounting
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The National Academy of Public Accounting Professionals has named its 2014 “Top 10 Public Accounting Professionals” for Rhode Island. more
Current accounting standards for goodwill are seen as complex because they require regular impairment testing and do not permit goodwill amortization. Goodwill impairment – when goodwill has become or is considered to be of lower value than at the time of purchase – became a public issue during the accounting scandals in 2002. more
Ann Arnold, chief strategy officer at Buyers Intelligence Group and chief financial officer of H. Arnold Wood Turning Inc., was recently appointed chairwoman of the Manufacturing Jewelers and Suppliers of America’s board of directors. Arnold joined the board in 2006 and she has also served as first treasurer and vice chair. Arnold began her career at Deloitte & Touche, where she earned her CPA, but she soon returned to her family’s bridal jewelry factory, Lieberfarb. Arnold spent more than 20 years at Lieberfarb, serving as vice president and later CEO. more
Senior accountant at LGC+D discusses the recent American Institute of CPAs 2014 Leadership Academy. more
PROVIDENCE – State revenue collections have “outperformed expectations on a fiscal year-to-date basis since September and have showed renewed strength … with the inclusion of February revenue,” state Director of Revenue Rosemary Booth Gallogly said last week. more
A Massachusetts accounting agency last month opened a new office in Newport to be closer to Rhode Island clients, the company said. more
David C. Whitney, a supervisor in the audit and accounting practice group at Sansiveri, Kimball & Co. recently earned two accounting designations: certified valuation analyst from The National Association of Certified Valuators and Analysts and accreditation in business valuations from the American Institute of CPAs. more
Kahn, Litwin, Renza & Co. Ltd. has announced that Lawrence I. Kahn, managing director and president of the accounting and business-consulting firm, will retire effective May 31. more
Former Cumberland Fire District Tax Collector Karen B. Lambert was arrested last month for allegedly embezzling funds from the both the district and a Woonsocket property-management company. more
The city of Fall River had the highest jobless rate in December of the four cities in the metro area at 9.3 percent, even though it declined 3.4 percentage points from a year ago, according to information released Thursday for the Providence-Fall River-Warwick metropolitan area by the federal Bureau of Labor Statistics. more
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