NJ Accounting firm, NY Accounting Firm, NJ CPA Firm, NY CPA Firm, RMSBG, SEC PCAOB Registered CPA Firm Rotenberg Meril, tax preparation, audit, SEC public company services,accounting services, business valuation,forensic accounting, NJ CPA, New Jersey accountant, NY CPA, NY accountant, New York accountant, NYC CPA, NYC accountant, cpa firms, registered PCAOB

Saddle Brook, NJ – August 11, 2010 – Rotenberg Meril Solomon Bertiger & Guttilla, PC, Certified Public Accountants, has been appointed as independent auditors for BIO-key International, Inc. (OTC Bulletin Board: BKYI). BIO-key is a leader in finger-based biometric identification solutions and develops and delivers advanced identification solutions to commercial and government enterprises, integrators, and custom application developers. BIO-key’s award winning, high performance, scalable, cost-effective and easy-to-deploy biometric finger identification technology accurately identifies and authenticates users of wireless and enterprise applications. Their solutions are used in local embedded OEM products as well as some of the world’s largest identification deployments to improve security, guarantee identity, and help reduce identity theft. BIO-key’s technology is offered directly or by market leading partners around the world.

Larry Meril, partner in charge of the RMSBG/Rotenberg Meril SEC Audit Practice attended the 2010 Reverse Merger Conference in Toronto during June 2010.

The conference is the largest event of the year for professionals in the business of alternative IPO transactions. This two-day conference featured technical training on the latest issues relating to reverse mergers, self-underwriting, and other alternative routes to the public market. This annual event has a global focus and was held in Toronto for the first time. The conference covered traditional U.S. listing options as well as explored the benefits of going public on Canadian exchanges by including discussions of issues related to cross border considerations for U.S. and Chinese Companies.

RMSBG provides both audit and outsourced financial reporting services to emerging public companies. Contact Larry Meril for more information.

Saddle Brook, Feb 22, 2010: RMSBG's own R.J. Dragon MBA, MS, ASA has become the AccountingWeb.com's blogger on Business Valuation. Ray is a business valuation consultant based in our Saddle Brook, New Jersey office. His work encompasses valuations for litigation support, estate and gift tax, marital dissolution, intangible asset valuation, purchase price allocation and financial reporting.

Ray replaces Eva Lang as the official business valuation blogger of the AccountingWEB Bloggers Crew. Eva Lang was the first woman elected to the AICPA Business Valuation Hall of Fame and she is currently the Executive Director of the Financial Consulting Group, the largest alliance of business valuation firms, and currently sits on the American Society of Appraisers Business Valuation Committee. "It's a real honor for me to follow in the footsteps of Eva, she is a consumate business valuation professional" states Ray.

New York City, Feb. 25, 2010: Neal Rotenberg, managing partner of RMSBG, will be speaking on Tuesday, March 9, 2010 at The New York City Bar Association's seminar "Essentials of Setting Up a Law Practice." Mr. Rotenberg will be speaking about the accounting and tax issues that need to be addressed when setting up a law practice, such as:

Entity selection
Tax compliance & sales tax issues
Accounting issues relating to trust accounts & bookkeeping
Compensation arrangements

Besides Mr. Rotenberg, the panel of speakers will include attorneys from the law firm of Moses & Singer, a Columbia law professor and a senior legal counsel from Wachovia bank. They will provide guidance on the myriad of issues to be considered in starting a new law practice.

Click Here For Seminar Details and Registration

Rotenberg Meril Solomon Bertiger & Guttilla, PC, CPA's (RMSBG) has further expanded its New York City presence by being appointed as the New York City member accounting firm of the MSI Global Alliance, the 16th largest association of accounting and professional firms in the world.

Managing Partner of RMSBG, Neal Rotenberg states "We are extremely pleased at being appointed the New York City member firm of MSI. Our accounting practice is acutely attuned to the major industrial niches that thrive in NYC, and we will be able to provide the sophisticated and complex accounting and tax services to clients operating in the New York Metropolitan Area, and assist our fellow MSI Member firms in servicing their clients with New York City operations."

RMSBG's market niches include public company and broker-dealer audits, international taxation and merger and acquisitions, and industry niches such as private equity, restaurants/hospitality, real estate and construction, apparel and importers/distribution.

RMSBG has been a member firm of the MSI Global Alliance since 1999, and also represents the organization accross New Jersey, with its two offices in Saddle Brook and Woodbridge, and now with its NYC appointment, the firm covers the entire NYC/NJ metropolitan region for MSI.

MSI Global Alliance member firms are among the leading and most reputable independent, local law and accounting firms in their marketplaces, and specialize in serving entpreneurial, nationally and internationally focused companies varying from the sole proprietor to the closely held business, to the subsidiary of a multinational company. Large corporate clients using MSI member firms include ABN AMRO BANK, Bharti Televentures, Colgate Palmolive, Intel, Microsoft, Paychex Inc., Regus, Rolex, South African Airways, Starwood Resorts & Hotels, and TOTAL.

On December 16, 2009, the Securities and Exchange Commission (the "SEC") voted unanimously to amend Rule 206(4)-2 (the "Custody Rule") under the Investment Advisers Act of 1940, as amended. The amendments approved by the SEC are intended to address recently disclosed misappropriations of client assets by registered investment advisers and restore public confidence in the investment advisory industry and the SEC.

This measure is intended to ensure that no more Bernard Madoff type schemes slip through the cracks. The rule, called by some “the Madoff fix,” requires surprise audits of investment advisers that have custody of client assets. It was approved unanimously by a five-member SEC committee.

The surprise-audit rule, a direct result of the Madoff Ponzi scheme, requires certain SEC-registered advisers who have custody of clients’ assets to retain PCAOB registered independent public accountants who are subject to inspection by the PCAOB to conduct an annual surprise exam to verify that the client’s investments actually exist. If funds are found missing during the process, the accountants must notify the SEC.

The new rule exempts advisers who have limited access to customers' money and only have the ability to collect agreed-upon adviser fees. Overall, about 1,600 of the roughly 11,300 investment advisers will be subjected to the surprise audit requirement, according to SEC staffers.

The rule also includes new requirements that auditors explain the basis for ending their service to an adviser. Forcing an auditor to explain their reasons for leaving an advisor could serve as a red flag to the SEC and the advisers’ clients that something is awry.

RMSBG is a PCAOB registered firm and has been inspected every three years by the PCAOB since the enactment of the Sarbanes-Oxley Act and able to perform such "surprise audits." Contact Larry Meril or John Guttilla for more information on the firm's services.

Woodbridge, Dec. 9, 2009: Barry Bertiger, CPA will be installed as the Secretary/Treasurer of the Woodbridge Metro Chamber of Commerce for 2010 at the Chamber's annual holiday luncheon on December 10th. The Chamber, founded in 1964, is a voluntary organization of business, industry, retail and professional people working to improve the economic and civic growth in the Woodbridge, NJ area. The Woodbridge Metro Chamber of Commerce is a member of the New Jersey Chamber of Commerce and the U.S. Chamber of Commerce. Barry is the Woodbridge Office Managing Partner at the accounting firm of Rotenberg Meril Solomon Bertiger & Guttilla, P.C.

Syracuse, December 1, 2009: Neal Rotenberg, managing partner of RMSBG, has recently been appointed to Syracuse University’s Lubin School of Accounting Advisory Board, an external board that helps direct the future of the accounting program. Neal is a graduate of the Syracuse University Joseph I. Lubin School of Accounting and went on to earn a masters in taxation from Seton Hall University. Upon graduating from Syracuse University, Neal joined the Newark, NJ office of Arthur Young (now Ernst & Young), where he eventually became a tax manager. Neal co-founded RMSBG in 1986 along with fellow Syracuse University and Arthur Young alum Larry Meril. RMSBG is now considered the leading regional accounting firm based in Bergen County, NJ, and one of the Top Accounting Firms in New Jersey, according to the weekly business journal NJ Biz, and New Jersey Business Magazine.

On November 4, 2009, the House of Representatives Financial Services Committee approved a permanent exemption for small public companies from Sarbanes-Oxley Section 404(b). That section required an auditor's attestation of a public company's system of internal accounting controls. For several years, the SEC delayed imposing the requirements for non-accelerated filers, or those companies with public floats of less than $75 million. The House panel voted just weeks after the SEC decided to end the exemption. The bill still needs to clear House and Senate vote and approval by the President to become law.

On October 2, 2009, the Securities and Exchange Commission (SEC or the Commission) announced an additional six-month deferral for non-accelerated filers from complying with the provisions of Section 404(b) of the Sarbanes-Oxley Act of 2002. Under this extension, non-accelerated filers (smallest public companies with a public float below $75 million) will now be required to provide the auditor attestation reports in their annual reports for fiscal years ending on or after June 15, 2010. The expiration date previously had been for fiscal years ending on or after December 15, 2009.

SEC Chairman Mary Schapiro stated, “Since there will be no further Commission extensions, it is important for all public companies and their auditors to act with deliberate speed to move toward full Section 404 compliance.”

Saddle Brook, Sept. 29, 2009: Rotenberg Meril Solomon Bertiger & Guttilla, (RMSBG) is pleased to announce that the accounting firm of Torchia Foster, PA will be merging with and into RMSBG, effective October 1, 2009, and Antonio Torchia, CPA will be joiniing the firm as a partner, along with his professional and support staff. The combined firm is projected to be the largest independent accounting firm based in Bergen County. Read the full Press Release. Also see the article on webcpa.com regarding the merger.

Rotenberg Meril Solomon Bertiger & Guttilla, PC is pleased to announce it has been engaged as independent auditor by three new broker dealer clients in 2009, and we expect that figure to grow as non PCAOB auditors exit the Broker/Dealer audit space.

As discussed in our February 5, 2009 news release, with the expiration of an SEC order granting temporary exemption to non-issuer broker-dealers from filing financial statements that have been audited by a PCAOB registered public accounting firm, many auditors previously engaged by Broker/Dealer's have decided not to register with the PCAOB and are resigning as auditors of record for Broker/Dealers.

Contact John Guttilla or Larry Meril at 201-487-8383 for more information on our Broker/Dealer audit and tax services.

FINRA has issued a press release to remind broker/dealers that the SEC's December 12, 2006, Order permitting non-public broker-dealer firms to have their balance sheet and income statements audited by independent public accounting firms not registered with the Public Company Accounting Oversight Board (PCAOB) expired December 31, 2008.

RMSBG has been registered with the PCAOB since 2003 and with a former NASD-licensed Financial Operations Principal-(Series 27) on our leadership team, we are uniquely qualified to help broker-dealers comply with regulatory filing requirements. Our professionals are knowledgeable in the accounting, tax and regulatory issues specific to this industry. For more information on our broker dealer audit and tax services, contact John Guttilla or Larry Meril at 201-487-8383.

Lockheed Martin F-35 Lightning II joint strike fighter

Saddle Brook, December 12, 2008: On December 9, 2008, the audit committee and board of directors of Air Industries Group, Inc. (OTCBB:AIRI) appointed Rotenberg Meril Solomon Bertiger & Guttilla, P.C. as their independent auditors. Air Industries Group, or AIRI, is a publicly traded aerospace and defense company. AIRI designs and manufactures structural parts and assemblies that focus on flight safety, including landing gear, arresting gear, engine mounts, flight controls and throttle quadrants. The Company also provides sheet metal fabrication, tube bending and welding services, as well as distributing specialty metals that are a critical component in the aerospace supply chain.

UH-60A BLACK HAWK string flies over mountains AIRI's products are currently deployed on a wide range of high profile military and commercial aerospace platforms including Sikorsky's UH-60 Blackhawk helicopter, Lockheed Martin's F-35 Joint Strike Fighter, Northrop Grumman's E2D Hawkeye, Boeing's 777 and Airbus' 380 commercial airliners.

Washington, D.C. November 21, 2008: The Public Company Accounting Oversight Board has issued the final results of its 2008 inspection of RMSBG's public company audit practice. The firm is pleased to announce that the review by the PCAOB did not identify any audit performance or quality control issues relating to RMSBG's public company audit practice. You can view the report by clicking here.

Saddle Brook, September 19, 2008: Les Solomon, CPA/ABV, ASA, a partner at the accounting firm of RMSBG, will be this years Co-Chair of the New Jersey Society of CPA's 2008 annual Litigation Support and Business Valuation Conference, to be held at the Woodbridge Hotel & Conference Center (formerly Sheraton at Woodbridge Place) located at 515 Route 1 South in Iselin, NJ. The conference will be held on Friday, September 26, 2008.

Les Solomon is a business valuation and litigation support industry expert and directs the RMSBG practice in this area. He can be reached at 201-487-8383 or via email at lsolomon@rmsbg.com.

For information on registering for this event go to: http://www.njscpa.org/catalog/litigation.cfm

Accounting Firm Renews at Park 80 West

Accounting firm RMSBG / Rotenberg Meril Solomon Bertiger & Guttilla, PC renewed approximately 15,000 square feet at Park 80 West in Saddle Brook, NJ.

The firm, which has other offices in Woodbridge, NJ, and New York, occupies space in Building I of the two-building office complex. Building I was completed in 1972 and renovated in 2005, and totals 224,645 square feet over six stories.

In conjunction with its lease renewal the firm has also re-configured and updated its space to allow for future employee expansion in its Saddle Brook headquarters by approximately 40%. RMSBG continues to be one of the largest tenants at Park 80 West, Plaza One.

Park 80 West is one of the top commercial office complexes in Northern New Jersey, located at I-80 and the Garden State Parkway. It is a prime location with excellent access to New Jersey’s major Highways and New York. With building amenities such as a fitness center, boardroom, sundry shop, dry cleaners, cafeteria, copy center, shoe-shine, masseuse, yoga classes, weekly vendors, and car wash services, many needs can be fulfilled on the premises.

August 15, 2008

Saddle Brook, July 11, 2008: EP Global Communications, Inc., traded over the counter under the symbol EPGL.OB, has appointed Rotenberg Meril Solomon Bertiger & Guttilla, P.C. as their independent auditors. EP Global is a communications company that provides information for people with disabilities and special healthcare needs. It offers Exceptional Parent Magazine, which provides information, resources, and support to families, professionals, and caregivers who help and participate in the development of people with disabilities and special needs. The company also offers a journal for physicians, educators, nurses, therapists, and families. In addition, the company offers EP LiveOnline, an online interactive educational seminar; operates Disability Awareness Night programs at league baseball stadiums; and operates EP Bookstore that offers disability-specific books and videotapes dealing with a range of disability topics.

On June 20, 2008, the Securities and Exchange Commission (SEC) approved a one-year extension of the compliance date for auditors of smaller public companies under the Section 404(b) auditor attestation requirement of the Sarbanes-Oxley Act of 2002 (P.L. 107-204).

The Commission said that with the extension, smaller companies will be required to provide auditor attestation statements in annual reports for fiscal years ending on or after December 15, 2009. During a House Small Business Committee in December 2007, SEC Chairman Christopher Cox said the delay would help the agency gain the data it needed to fully assess the costs small companies incur complying with Section 404.

Saddle Brook, May 23, 2008: Who audits America's public companies? We all know the Big 4 do, but did you know a top SEC audit firm is also based right here in Bergen County? Rotenberg Meril Solomon Bertiger & Guttilla, P.C. has its headquarters in Saddle Brook, NJ, and they are ranked as being the 58th largest public company auditor in the United States (See the Listing of Top SEC Auditors). The firm's audit practice is headed up by Larry Meril, a co-founder of the firm, who states: "We've been ranked as having one of the top SEC audit practices three years running, and we attribute our success in this area to providing very responsive quality service to the small to midsize public company that has typically been underserved by the big audit firms." For more information about the services that RMSBG provides to public companies, contact Larry Meril at 201-487-8383 or email him at lmeril@rmsbg.com.

_{*based on data compiled by the firm as of March 2008.}

Saddle Brook, NJ, May 5, 2008: RMSBG continued its annual participation as an exhibtor at the 2008 Association of Trial Lawyers Boardwalk Seminar held in Atlantic City on May 1st and 2nd. RMSBG was represented by Les Solomon, CPA, ASA, ABV, who leads the firm's Litigation Support Practice. Les can be reached at our Saddle Brook office at 201-487-8383 or email him at lsolomon@rmsbg.com

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.

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.

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 under the Continental Connection banner. 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.