Michael Meehan, CPA, CGMA, is an accounting and audit partner at Anchin. With more than 20 years of experience, Michael provides audit and review services for privately held middle market companies in a variety of industries, including real estate, import/export, apparel and electronics. He is known for being attentive to his clients’ needs and looking for new solutions to their business challenges.
Michael has been involved with a wide range of complex transactions, including restructurings and sophisticated tax free exchanges. He often assists his real estate clients with the tax and business aspects of changes in ownership, a common issue in the real estate industry.
Michael is a member of the Real Estate Board of New York (REBNY) and the New York State Society of Certified Public Accountants (NYSSCPA).
- Accounting and Auditing
- Cost Segregation
- Real Estate
- Lessees: A Stitch in Time Will Save Problems Down the LineDecember 30, 2019
On November 15, 2019, the Financial Accounting Standards Board (FASB) announced it had officially delayed implementing certain accounting standards for private companies, including the new lease accounting standard (ASC 842) for an additional year, from January 1, 2020 to January 1, 2021. But don’t breathe a sigh of relief yet. You will need this extra time to understand the process involved and to collect all the necessary data in order to comply by the deadline.