News & Insights
McConnell & Jones LLP Announces Employee Promotions
McConnell & Jones LLP, one of Houston’s largest public accounting firms, is proud to announce the recent promotion of several employees throughout the organization. Audit Supervisor Promotions Christine Lee, CPA- Dallas Office Hasmukh Joshi, Charted Accountant...
Assurance Partner, Marlon Williams, Selected as Community Advisor to the Dallas Independent School District Audit Committee
McConnell & Jones’ governmental and nonprofit assurance Partner, Marlon Williams, will serve as a community advisor on the Dallas Independent School District’s (DISD) Audit Committee starting this fall. The one year term provides Williams with opportunity to...
Mark Schwartz Joins Washington DC Office as Assurance and Advisory Director
McConnell & Jones LLP has selected federal assurance specialist, Mark Schwartz, CPA, CFDM, to join the firm’s Washington, DC office as Assurance and Advisory Services Director. Schwartz is considered a subject matter expert in federal audit, internal controls, and...
Partner, Odysseus Lanier, Elected to Board of Directors of Parkview Capital Credit
McConnell & Jones is excited to announce that Partner, Odysseus Lanier, was recently elected to the Board of Directors of Parkview Capital Credit, Inc. as an independent director, where he will serve on the company’s audit committee. Parkview Capital Credit is a...
Financial Statements for Nonprofit Entities FASB Proposed Guidance, Exposure Draft on Net Asset Classifications
by Johnson Olatunji, Audit Manager – McConnell & Jones LLP In April 2015, the Financial Accounting Standards Board (FASB) issued a Proposed Accounting Standards Update titled Presentation of Financial Statements of Not-for-Profit (NFP) Entitles (the Exposure...
McConnell & Jones’ Practice Leaders to Present at Summer Conferences
McConnell & Jones is excited to announce three industry practice leaders who are scheduled to present and speak at conferences and workshops this summer: Eric Ernest, Marlon Williams, and Gilbert Hopkins, will present industry trends and challenges specific to...
John Zimmerman Joins DC Office Director of Assurance and Advisory Services
John Zimmerman, an expert in federal financial management advisory services, has joined the firm’s Washington DC office as director of assurance and advisory services. In his new role, Zimmerman will manage the firm’s federal assurance and advisory services group...
Audit Director, Michelle Brumfield, Selected to Join AICPA Woman’s Initiative Task Force
McConnell & Jones LLP is proud to announce the recent appointment of Michelle Brumfield to the American Institute of Certified Public Accountants (AICPA) Woman’s Initiative Executive Committee’s Champions Task Force. As a member of the committee’s Champions Task...
GASB 72 – Fair Value Measurement and Application
by Minnie Cariaga, Audit Manager GASB 72 - Fair Value Measurement and Application Last year, GASB issued Statement No. 72, Fair Value Measurement and Application. Is your agency ready? This key GASB provision amends the definition of fair value to be consistent with...
Company-wide Promotions Announced
March 9, 2016, McConnell & Jones is proud to announce the recent promotions of three employees throughout the organization. Audit Supervisor Promotions Eric Wilson Gosia Kanda Goran Mei Tahira Mohamed Audit Senior Promotions Charisse Thomas Fiona Zhu Hunter Storm...
Education Practice Leaders to Present at the Texas Alliance of Black School Educators Conference
February 19, 2016 - McConnell & Jones LLP is pleased to announce the selection of four practice leaders to present industry trends and challenges at the upcoming 31st annual conference of the Texas Alliance of Black School Educators (TABSE). Partners, Odysseus...
Year End Tax Strategies; There’s Still Time to Reduce your 2015 Tax Bill!
by Tene Thomas, Tax Compliance Partner Congressional lawmakers passed a massive government-wide budget deal this past Wednesday combining more than a trillion dollars in year-end spending with hundreds of billions in tax cuts for businesses, families and special...
Accounting Standards Update for Benefit Plans | Part III
by Eric Ernest, ERISA Compliance Partner Part III – Measurement Date Practical Expedient Accounting Standards Update No. 2015-04, Compensation—Retirement Benefits (Topic 715): Practical Expedient for the Measurement Date of an Employer’s Defined Benefit Obligation and...
Accounting Standards Update for Benefit Plans | Part II
by Michelle Brumfield, Director of ERISA Compliance On July 31, 2015, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2015-12, a three-part standard that provides guidance on certain aspects of the accounting by employee...
Taking Credit – Understanding Available Employment Tax Credits
By Thomas Jones, Partner, Tax Services Our nation’s unemployment rate hovers at nine percent and monthly job losses continue to rise. That has generated discussions in Washington about innovative fiscal policy instruments, such as job creation tax credits, to help...