BIG NEWS: FORVIS is excited to announce that our firm and Mazars will create a new, Top 10 global network in the accounting and consulting industry. The global network, which will be effective on June 1, 2024, will be a unique two-member network operating under one brand worldwide, Forvis Mazars. This formation is to offer seamless and agile services for our clients’ international needs and create outstanding opportunities for our people. Read more here: https://bit.ly/3SIBPZ4
About us
FORVIS, LLP ranks among the nation's top 10 public accounting firms. FORVIS is driven by the commitment to use our forward vision to deliver Unmatched Client Experiences. FORVIS was formed in 2022 through the combination of two firms with more than 150 years combined experience, both committed to providing high-quality personal service. FORVIS brings a distinct legacy of what it means to provide professional services that go above and beyond. With more than 5,500 dedicated professionals who serve clients in all 50 states, as well as across the globe, FORVIS offers comprehensive assurance, tax, consulting, and wealth management services. Visit FORVIS.com for additional information. FORVIS is a trademark of FORVIS, LLP, registered with the U.S. Patent and Trademark Office.
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https://www.forvis.com
External link for FORVIS
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- Accounting
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- 5,001-10,000 employees
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Updates
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This article provides an overview of key accounting developments in Q1 2024, as detailed in a recent Quarterly Perspectives webinar from FORVIS. Topics include the importance of the statement of cash flows, the #SEC’s climate disclosure rule, and #FASB’s latest standard on profits interest. Learn more here: https://bit.ly/3KqF0PP
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We are proud to announce we have joined the Trimble Authorized Business Development Partner program. This agreement cements a years-long relationship between leading construction-focused businesses. Trimble’s technology solutions have become crucial to how thousands across the construction industry operate, connecting data and operations between the office to the field and back. Through this agreement, we will now be able to provide our Unmatched Client Experience throughout the purchase, deployment, and implementation of Trimble’s Viewpoint ERP software platforms. “Technology continues to be a key focus area for many of the clients we serve in the industry,” says Jason Myers, national industry leader for construction and real estate. “As they grow, they want enterprise solutions that can provide powerful insights across an array of projects and operations. We always want to be at the forefront of advising our clients on best-in-class solutions, and with this agreement we can now really get our hands dirty and dig in.” Learn more: https://bit.ly/3ytH46R
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The Federal Trade Commission has issued a final rule banning new noncompete agreements for workers across all industries nationwide. Read more about the impact on healthcare providers and their workforce: https://bit.ly/4aleEt1
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While 2024 began with fewer deals and lower valuations, brighter days may be ahead for M&A. Read on for an overview of current trends, the challenges faced by buyers and sellers, and the outlook for middle-market M&A activity in the coming months: https://bit.ly/3QHb6u2
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The IRS has issued guidance specific to 2024 for owners of solar or wind facilities seeking allocation under the low-income communities bonus credit program. See more information here: https://bit.ly/4afe7Zl
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What valuation trends should your institution consider as it relates to bank transactions? Explore various valuation trends, including price multiple and more, in this last session of the 2024 Spring Forensics Institute: https://bit.ly/3PXQVrg
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Coming soon: FORVIS and Mazars will form a new global network, effective June 1, 2024. Operating under a single brand, ‘Forvis Mazars’, the network will enable seamless collaboration and client delivery worldwide. Take a glimpse at the key benefits and stay tuned for more: https://bit.ly/3SIBPZ4
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The days appear to be numbered for the Tax Relief for American Families and Workers Act as it wasn’t included in the FAA Reauthorization Act passed by the Senate last week. Learn more about this act and find out what else has been happening on the Hill: https://bit.ly/44G1W6C
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Amy Frizzell with FORVIS Private Client is quoted in The Wall Street Journal article examining proposed changes to fee structures for donor-advised funds, or DAFs. DAFs are becoming increasing popular for Americans making charitable donations, according to the article, with contributions to DAFs more than doubling between 2018 and 2022. The story examines the Treasury Department’s stated reasons behind the proposed changes, and why a wide range of stakeholders—from community foundations to investment managers to a bipartisan group of lawmakers—are currently opposed. Frizzell and others noted the changes could make the process of giving through such funds more expensive and more complex for donors. “Sometimes, it is just about the simplicity in having a firm like ours help orchestrate everything,” Frizzell said. “For a lot of families, that’s where the overall value is.” Read the full article: https://on.wsj.com/44IYLeD
Wealth Managers, Charities Defend Fees From Donor-Advised Funds
wsj.com