News & Insights
Simplifying the Simplification Standards
By Gosia Kanda, CPA and Nadia Cruz, CPA Being able to serve clients with sound audit advice requires practitioners to first learn, understand and explain audit requirements and financial statement disclosures in plain English. Accounting Standard Updates (ASUs) issued...
McConnell & Jones LLP Relocates Austin Office Location
McConnell and Jones LLP (MJ), one of the largest accounting firms in the Southwestern United States, announces the relocation of its Austin, Texas office. The move provides MJ with the opportunity to further build a diverse clientele while continuing to serve existing...
McConnell & Jones LLP Celebrates 30 Years
2017 marks the 30th anniversary for McConnell & Jones LLP (MJ), one of the largest public accounting firms in the southwest region of the United States. MJ is proud to celebrate three decades of progress and steady growth and is committed to continuing a legacy of...
McConnell & Jones’ Employee Benefit Plan Audit Team Attends AICPA Conference
More than 15 auditors from McConnell & Jones’ ERISA assurance compliance team will attend the American Institute of Certified Public Accountants (AICPA) Employee Benefit Plan Conference. The annual event, which covers accounting, auditing and regulatory updates...
McConnell & Jones LLP Grows Washington D.C. Office with New Supervisor
McConnell & Jones LLP is proud to announce the addition of a new audit supervisor to the Washington D.C. office; Charles Reaves. Reaves, a CPA candidate, joined the firm in early April and offers more than 20 years of experience related to the accounting and...
Accounting Standards Update for Not-For-Profit Entities
By Johnson Olatunji, CPA The Financial Accounting Standards Board (FASB) has released Accounting Standards Update No. 2016-14, Not-for-Profit Entities (Topic 958): Presentation of Financial Statements for Not-for-Profit Entities. These changes present a radical shift...
McConnell & Jones LLP Benefit Plan Audit Director, Michelle Brumfield, Selected to Present at AICPA Employee Benefit Plans Conference
McConnell & Jones LLP (MJ) is proud to announce the recent selection of employee benefit audit director, Michelle Brumfield, CPA, to present at the American Institute of Certified Public Accountants (AICPA) Employee Benefit Plans Conference in Nashville, TN this...
Can You Rely on Your Auditor?
by Minnie Cariaga and Ashley Garcia With more than 138,000 accounting firms in the United States, making sure you select a reliable auditor can be quite a task. There are several questions you should consider asking when evaluating your current audit firm or selecting...
McConnell & Jones LLP Announces Employee Promotions
McConnell & Jones LLP, one of the top accounting firms in the Southwest, is proud to announce the recent promotion of several employees throughout the organization. Audit Senior Manager Promotions Tiara Hudaya,CPA - Houston Office Johnson Olatunji, CPA- Houston...
Tips to Avoid an IRS Audit
by Thomas Jones and Dee Ann Creach Taxpayers can get flagged for forgetting important forms, mixing up numbers, or exaggerating tax breaks. Even one mistake can alert the Internal Revenue Service (IRS) to take a closer look at your return. While there is no such thing...
Accounting Today Ranks MJ as Top 20 Accounting Firm in the Southwest
McConnell & Jones LLP(MJ) is ranked as a top 20 accounting firm in the Southwest region of the United States in the 2017 Top 100 Firms, a special report issued by AccountingToday. “We are delighted with this recognition,"said Managing Partner, Wayne McConnell....
TASBO Annual Conference | Takeaways From an Auditor
by Marlon Williams, Partner Last week’s TASBOFestwas, by all measures, a success. Everyone will tell you that the event in Austin was well coordinated. I ,for one, enjoyed catching up with old friends and making new ones. Yes, becoming a regular presenter for TASBO...
Houston Employee Benefit Plan Assurance & Compliance Seminar
It is almost here! Join McConnell & Jones’ Benefit Plan Assurance and Compliance Team on March 1, 2017 for a full-day seminar focused on regulatory updates, Form 5500 tips and pitfalls, internal controls, and fraud in an employee benefit environment. This...
Washington D.C. Employee Benefit Plan Assurance & Compliance Seminar
Save the Date to join McConnell & Jones’ Benefit Plan Assurance and Compliance Team on February 23, 2017 for a half-day seminar focused on regulatory updates, Form 5500 tips and pitfalls, internal controls, and fraud in an employee benefit environment. This...
Audit Deficiencies- Putting Plan Assets and Participants At Risk
by Gosia Kanda, CPA $3.4 trillion in Plan Assets and 55.7 Million Participants are at Risk due to Audit Deficiencies. According to the Employee Benefits Security Administration (EBSA) study on the quality of benefit plan audits performed, nearly four in ten audits...