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Feb 08, 2008
SEC Proposes a One-Year Extension of the Section 404 Audit Requirement for Non-Accelerated Filers

SADDLE BROOK, NJ, February 8, 2008: The SEC has proposed a one-year extension of the requirement to provide an auditor’s attestation report on internal control over financial reporting for non-accelerated filers. Under a proposed amendment of existing temporary rules, non-accelerated filers would first need to file an auditor attestation report on internal control over financial reporting in annual reports filed for fiscal years ending on or after December 15, 2009. The auditor attestation is required by Section 404(b) of the Sarbanes-Oxley Act of 2002. Comments on the proposed amendments are due 30 days after publication in the Federal Register. To view the proposed amendment of the rules, visit the SEC's website.

Jan 28, 2008
SEC Changes Reporting for Smaller Public Companies

SADDLE BROOK, NJ, JAN 28, 2008: The Securities and Exchange Commission has adopted a new system of disclosure rules for smaller companies filing periodic reports and registration statements with the SEC. The new rules are effective February 4, 2008. They are scaled to reflect the characteristics and needs of smaller companies and their investors. They replace the disclosure requirements formerly in the SEC’s Regulation S-B, which applied to “small business issuers.” The SEC has prepared a compliance guide that explains the new rules. Click here to download the Compliance Guide.

Jan 02, 2008
Airline Engages RMSBG For IPO

SADDLE BROOK, NJ, January 2, 2008: Rotenberg Meril Solomon Bertiger & Guttilla, P.C. recently assisted Gulfstream International Group in going public on the American Stock Exchange. Gulfstream International Airlines, a Florida-based commercial airline, currently operates more than 200 scheduled flights per day. RMSBG was engaged to audit the annual financial statements of the airline included in the registration statement filed with the U.S. Securities and Exchange Commission.

Dec 21, 2007
SEC Staff Extends Use of the "Simplified" Method for Estimating a Stock Option's Expected Term

SADDLE BROOK, NJ, DECEMBER 22, 2007: The staff of the Securities and Exchange Commission published Staff Accounting Bulletin (SAB) 110, which amends SAB 107 to allow for the continued use, under certain circumstances, of the "simplified" method in developing an estimate of the expected term of so-called "plain vanilla" stock options accounted for under FAS 123R, Share-Based Payment.

Jun 04, 2007
RMSBG Partner Quoted on Web CPA

SADDLE BROOK, NJ, JUNE 4, 2007: Les Solomon, Director of the Business Valuation Department of Rotenberg Meril Solomon Bertiger & Guttilla, P.C., Certified Public Accountants, was quoted on the website www.webcpa.com on June 4, 2007, in an article titled "Business Valuations: Putting a Value on Valuation," by Liz Gold. The article is accessible by clicking here.

Jan 15, 2006
Syracuse University Acknowledges RMSBG Success

SADDLE BROOK, NJ, January 15, 2006: Larry Meril and Neal Rotenberg were cited by their alma mater, Syracuse University, for their sucess in founding one of the top regional accounting firms in NJ. Read the article.

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