News & Events

Changes to the Requirement for Consolidating VIEs

By Linda Marie Pearson, CPA, CFE, Principal FASB has just amended the FASB Accounting Standards Codification (ASC) related to the requirement for consolidating VIEs.  FASB issued Accounting Standards Update No. 2018-17, Consolidation (Topic 810) to communicate how the ASC was amended. Here is what you need to know about the...

Study Shows Controls Can Reduce Losses

By Jason DaPonte, CPA, CCIFP, CIT, Managing Partner None of us like to think that our own employees could steal from the company, but the risk of fraud is an unfortunate fact of life for any contractor. According to a recently released study by the Association of Certified Fraud...

How Blockchain Could Change Manufacturing

By Linda Marie Pearson, CPA, CFE, Principal   You’ve likely heard of bitcoin—a new type of money known as cryptocurrency or digital currency. Bitcoin is a worldwide payment system that operates without a central bank or administrator. Bitcoin is being used by a growing number of businesses and individuals, and...

A Breakthrough Opportunity for Investors

Harness the Power of Opportunity Zones   First, what is an Opportunity Zone? An Opportunity Zone is an economically-distressed community where new investments, under certain conditions, may be eligible for preferential tax treatment. A brand new way to spur growth Investing in Opportunity Zones is a socially responsible decision that...

Meet Jason DaPonte, our new Managing Partner

Jason DaPonte introduced himself with this cover letter in '08. A decade later, he's leading us into the future as the fourth Managing Partner in Sansiveri's 43-year history. Leadership Transition for Sansiveri, Kimball & Co., LLP Firm’s Newest Managing Partner Among the Youngest in Rhode Island. October 3, 2018 (Providence,...

Looking Forward: A Letter from Our Former Managing Partner

I want to begin by saying thank you. During the course of my time at Sansiveri, I've made connections and memories that will last a lifetime. Leading our firm for the past nine years as Managing Partner has been a remarkable privilege, to say the least. As you may have...

2018 August News in Review

2018 August News in Review

Sansiveri’s 2018 August News in Review is a summary of news, events and links that we shared throughout the month of July. Just in case you missed an earlier post or email, this issue includes information about the business deductions for meal, vehicle and travel expenses; payroll tax obligations; the...