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Rehmann, a fully integrated certified public accounting and financial services firm, announced today they have won Inavero’s Best of Accounting™ Award for providing superior service to their clients.    The Best of Accounting Award winners are proven industry leaders in service quality based completely on the ratings given to them by their clients. On average, clients of the 2017 winners are more than four times more likely to be satisfied than the industry’s average accounting firm client. Rehmann received a Net Promotor Score (NPS) of 79, quadruple the industries average...

Wednesday, 09 August 2017

Proposed Accounting Standards Update

On August 3, 2017, the Financial Accounting Standards Board (FASB) issued a proposed Accounting Standards Update (ASU) aimed at clarifying and improving accounting guidance for contributions received and made, primarily by not- for-profit organizations. The proposed ASU can be found at www.fasb.org and stakeholders can provide comments until November 1, 2017...

In addition to the Patient Centered Outcomes Research Institute (PCORI) fee, the transitional reinsurance fee is one of several new fees intended to help fund implementation of the Patient Protection and Affordable Care Act (PPACA). This annual fee, designed to reinsure marketplace exchanges, is being collected over a three-year period from 2014 through 2016 on insured and self-funded plans.   For the 2016 benefit year, contributing entities had the option to pay the entire year’s contribution in one payment that was due January 17, 2017, or elect two payments, with the first remittance ($21.60 per covered life) due no later than January 17, 2017, and the second payment ($5...

Embracing diversity means creating a workplace where people of all backgrounds feel included and valued. Rehmann is committed to supporting opportunities that foster diversity and gender equality. As a result, Rehmann has been named to the Accounting MOVE Project’s “Best Public Accounting Firms for Women” for the fifth consecutive year. The list, released by the Accounting & Financial Women’s Alliance, recognizes firms that provide: Consistent, measurable progress in advancing women Proven and continually evolving programs that retain and advance women Evidence that the firm’s advancement of women is intrinsic to its growth and succession goals The 2017 MOVE Project theme, “Pipeline to Finish Line: Powering Women to the Partner/Principal Level,” discussed specific strategies and programs that will advance women leadership...

Each year, Ohio University’s School of Accountancy honors individuals who have shown achievement in accounting. Because of his contributions to his community and the university, Rehmann principal and Ohio University alumnus Richard Heidebrink was recognized as its 2017 Beta Alpha Psi Accountant of the Year. This lifetime achievement award was presented at the Ohio University School of Accountancy’s awards ceremony, held at the university on April 20, 2017.  “Receiving this award was a tremendous honor,” Heidebrink said...

Paul Bach has joined Rehmann’s tax team as the senior manager in the firm’s Troy office. In this role, Bach will primarily assist clients with real estate and personal property matters. Paul began his career in 1994, supporting clients’ fixed asset management needs. He has experience with manufacturing, research and development, office, retail, multi-family hospitality, warehouse/distribution, utilities and medical property types...

Brian Waite has joined Rehmann’s Ann Arbor team as an assurance manager. Serving clients in a variety of industries, Waite manages audits, reviews and other attest engagements, in addition to providing consulting on accounting and operational matters. “Brian’s experience within the audit industry makes him a perfect addition to our team,” said Donald Burke, principal. “We are delighted to have him join the group...

Two highly regarded leaders with financial services firm Rehmann assume new leadership roles June 1: John Pridnia, CPA, CGMA, becomes Rehmann’s new firm-wide director of tax Chris Morse, CPA/PFS, CGMA, MST, moves from director of tax to regional managing principal of Rehmann’s Greater Michigan region, which covers Saginaw, Grand Rapids, Traverse City and other important Rehmann locations Pridnia previously served as a regional tax director. “Having worked under Chris’ leadership for many years, I have the opportunity to step into this role with a host of insight into his strategy, goals and initiatives,” he said. “I’m looking forward to taking the ball and continuing to move it forward, leveraging Chris’ experience and the foundation he’s built to continue to deliver business wisdom as the leading integrated CPA and wealth advisory firm in the country.” Morse will be shifting from his role as tax director to regional managing principal...

The House of Representatives voted on May 4, 2017 to enact the American Health Care Act (AHCA). The bill passed 217 to 213, one vote over the 216 needed. In an effort to repeal the Affordable Care Act, Republican leaders revised the bill, adding $8 billion in funding to subsidize coverage costs for people with pre-existing conditions who would be directly affected by increased health insurance premiums or out-of-pocket expenses. "This successful repeal vote is big news, but it's only part of a much larger issues facing households and businesses alike," said Tia Bonkowski, Rehmann senior manager...

Rehmann, a fully integrated financial services firm of CPAs and consultants, wealth advisors and corporate investigators, ranked 23rd overall— among other honors — in the latest Vault Accounting 50 rankings. The Vault Accounting 50 report highlights the best accounting firms to work for. Rehmann landed among the best in the following additional categories: #16 Best Accounting Firms for Work-Life Balance #17 Best Accounting Firms for Client Interaction #17 Best Accounting Firms for Women #18 Best to Work for Firm Leadership #18 Best Accounting Firms for Hours “At Rehmann, we strive to not only help our clients achieve their personal and professional goals, but to ensure that our associates enjoy coming to work every day,” said Katie Strehler, chief human resources officer for the firm. “These Vault rankings serve as an important indicator that we are continuing to make progress toward that objective...

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