PKF O'Connor Davies

New York City’s pied-à-terre surcharge rollout is moving forward for now, even as litigation over the implementation process continues. In their latest article, Samuel Botta, CPA, CPA, Partner, and Steven Eller, CPA, JD, Partner, explain the recent court developments, what the appellate stay means for affected property owners and why owners and boards should continue preparing while the legal challenge remains unresolved. With the September 18, 2026 exemption deadline still approaching, property owners who received a notice should preserve their documentation, evaluate their exemption status and take appropriate action. Read more: https://bit.ly/4xF6Pdw #PKFOD #KnowGreaterValue #RealEstate #TaxPlanning #NewYorkCity

Strong accounting infrastructure can make the difference between being audit-ready and scrambling to support key accounting decisions when scrutiny arises. In the second article of their series, Roman Z. Matatov, Partner, Michael Mekler, CPA, Director, Kapil Rajgor, CPA, Director and Anthony Capobianco, CPA, MBA, Director, explore how Chief Accounting Officer (CAO) capabilities can strengthen technical accounting memoranda, accounting policies and internal controls. They also explain how documented analysis can help organizations navigate new accounting standards, support defensible judgments and prepare for audits and transactions. Read more: https://bit.ly/3Sx9uqK #PKFOD #KnowGreaterValue #Accounting #FinancialReporting #AuditReadiness

The broker-dealer industry is entering a period of significant transformation. From evolving regulatory expectations to advances in AI and the emergence of tokenized securities, firms are navigating changes that could reshape how they operate, compete and grow. Join PKF O’Connor Davies on September 16 for our 2026 Broker-Dealer Symposium, where industry leaders will explore the developments shaping the market and what they could mean for firms moving forward. Hosted by: Michael Hayes, Donald Melody, CPA, CFE and Victor Peña, CPA, CGMA, PKF O’Connor Davies Moderated by: Stephen Murphy, CFA, Integrated Compliance Consulting Navigating the New Regulatory Landscape – Broker-Dealer Hot Topics Featuring: • Matt Baum, Fox Rothschild • Elin Cherry, Copper Markets • Kathryn Estes, MBA, CPA, CAMS, ANZ • Jay Gettenberg, ACI Tokenization of Securities: Is the Next Capital Markets Revolution Finally Here? Featuring: • Pat LaVecchia, Oasis Pro Markets • Junnette Alayo, J.D., Galaxy Digital • Christopher Myers, ACI • Donald Melody, CPA, CFE, PKF O’Connor Davies • Betsy Voter, Michael Best Following the program, attendees are invited to continue the conversation during a networking reception. 📅 Wednesday, September 16, 2026 📍 PKF O’Connor Davies | 245 Park Avenue, 5th Floor, New York City ⏰ Registration: 1:30 p.m. | Program: 2:00–5:00 p.m. | Networking Reception: 5:00–6:45 p.m. Register today: https://bit.ly/4bXAd6y #BrokerDealer #CapitalMarkets #FinancialServices #Tokenization

In recognition of National Nonprofit Day, we’re celebrating the organizations that put purpose before profit — and the leaders working to strengthen their missions for the future. This month’s newsletter focuses on some of the most pressing issues facing nonprofit organizations today, including building financial and operational resilience, navigating evolving Form 990 transparency expectations and strengthening fraud prevention and risk governance in an AI-enabled environment. As the nonprofit landscape continues to evolve, strong leadership, transparency and governance can help organizations navigate emerging challenges while remaining focused on the communities and causes they serve. #NationalNonprofitDay #Nonprofit #Governance #RiskManagement #NonprofitLeadership

After nearly six years, the IRS has reopened the group exemption ruling process for nonprofit organizations with affiliated chapters, local units or subordinate entities. In their latest article, Vedawattie M., Supervisor, and Tracy Cai, CPA, Director, explain what Revenue Procedure 2026-8 means for nonprofit networks, including new oversight expectations, annual Supplemental Group Ruling Information requirements and the introduction of Form 15644. With a January 22, 2027 compliance deadline for organizations with existing group exemption letters, now is the time to review governance structures, standardize documentation and strengthen affiliate oversight. Read more: https://bit.ly/45owjjq #PKFOD #KnowGreaterValue #Nonprofit #TaxExempt #Compliance

We’re proud to congratulate Roman Z. Matatov on being named a Strategic Alliance Partner of the EO Baltimore network. In this role, Roman will bring PKF O’Connor Davies’ experience and resources to the EO Baltimore community, helping founders and business leaders navigate challenges and pursue opportunities for growth. Congratulations, Roman. We look forward to all that’s ahead.

The SEC’s newly established Financial Reporting and Accounting Unit signals increased scrutiny of financial reporting, accounting judgments, audits and securities compliance. In their latest article, Elisabeth O'Toole da Silva, CPA, CFF, Rachel DiDio, CPA, Donald Melody, CPA, CFE and Darryl Wegner, JD, discuss how public companies, audit committees and counsel can prepare for heightened regulatory scrutiny through early case assessment, forensic accounting, technical accounting analysis and strong governance. Engaging experienced accounting and investigative professionals early can help organizations identify potential issues, strengthen their response and address risks before they escalate. Read more: https://bit.ly/4htjE64 #PKFOD #KnowGreaterValue #SEC #ForensicAccounting #FinancialReporting

PKF O’Connor Davies is pleased to welcome Daniel Pannone, CPA, CFE, as a Managing Director in our Transaction Advisory Services practice. Based in our Cranford office, Daniel brings more than 16 years of experience in buy-side and sell-side financial due diligence, forensic accounting, dispute advisory and litigation support. His experience advising founder-led businesses, private equity firms and legal counsel further strengthens our ability to support clients throughout the transaction lifecycle. Welcome to the team, Daniel! Read more: https://bit.ly/4wuriRn #PKFOD #KnowGreaterValue #TransactionAdvisory #MergersAndAcquisitions #Leadership

The HVAC M&A market remains active, with buyers continuing to seek businesses that offer recurring revenue, specialized capabilities and strong long-term growth potential. In their latest article, Alberto Sinesi, Partner, Robert Murphy, Partner and Mark G., Vice President, provide an in-depth look at current M&A activity across the HVAC manufacturing, distribution and services sectors. They also explore the key valuation drivers, recent transactions and market trends shaping opportunities for business owners considering a sale. Read more: https://bit.ly/4x9PpFM #PKFOD #KnowGreaterValue #HVAC #MergersAndAcquisitions #InvestmentBanking

Multi-year grants can have very different accounting implications depending on how they are structured. In their latest article, Dermot Sullivan, Supervisor, Lauren Reale, CPA, Director, and Michael R. Koenecke, CPA, Partner, explain the key differences between unconditional and conditional multi-year grants, how each is recognized under U.S. GAAP and why thoughtful grant agreement drafting supports stronger financial reporting, forecasting and governance. Understanding these distinctions can help foundations align their grantmaking strategies with long-term financial and operational objectives. Read more: https://bit.ly/4fLX0TN #PKFOD #KnowGreaterValue #PrivateFoundations #Grantmaking #Accounting