Your Year-End 401(k) Compliance Roadmap: A Strategic Planning Guide
As we approach year-end, now is the ideal time for plan sponsors to begin preparing for 401(k) compliance requirements. Successful retirement plan management goes beyond addressing deadlines as they arise—it's...
New Benefit Plan Auditing Standards Effective Date Extended
Another pandemic-powered delay is pushing the effective date back for new standards related to audits of financial statements for employee benefit plans (EBP).In July 2019, the American Institute of CPAs...
SBA Stimulus Funding May Prompt Single Audit
In a rapid emergency response to the global pandemic, the federal government rolled out the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to provide immediate need to small...
Effective Fixed Asset Management
Fixed asset management is not something that companies generally have at the top of their priority list; however, having effective fixed asset management provides numerous benefits that should not be...
Converged Standard on Revenue Recognition Released by FASB and IASB
After many years of collaboration, the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) have released the final converged standard for revenue recognition, creating a common...
Proposed Changes to U.S. GAAP Could Reduce Burden on Private Companies
The Private Company Council (PCC) was established last year by the Financial Accounting Foundation (FAF) to work with the Financial Accounting Standards Board (FASB) to evaluate and provide guidance where...
Key Provisions of the JOBS Act
On April 5, President Obama signed into law the Jumpstart Our Business Startups Act (JOBS Act), which aims to assist smaller companies entering public capital markets. The JOBS Act intends...
Recent Developments in Private Company Financial Reporting
Over the last six years the topic of private company financial reporting and the need for a differential set of accounting and reporting standards has gained growing attention. As accounting...
Your Year-End 401(k) Compliance Roadmap: A Strategic Planning Guide
As we approach year-end, now is the ideal time for plan sponsors to begin preparing for 401(k) compliance requirements. Successful retirement plan management goes beyond addressing deadlines as they arise—it's...
New Benefit Plan Auditing Standards Effective Date Extended
Another pandemic-powered delay is pushing the effective date back for new standards related to audits of financial statements for employee benefit plans (EBP).In July 2019, the American Institute of CPAs...
SBA Stimulus Funding May Prompt Single Audit
In a rapid emergency response to the global pandemic, the federal government rolled out the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to provide immediate need to small...
Effective Fixed Asset Management
Fixed asset management is not something that companies generally have at the top of their priority list; however, having effective fixed asset management provides numerous benefits that should not be...
Converged Standard on Revenue Recognition Released by FASB and IASB
After many years of collaboration, the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) have released the final converged standard for revenue recognition, creating a common...
Proposed Changes to U.S. GAAP Could Reduce Burden on Private Companies
The Private Company Council (PCC) was established last year by the Financial Accounting Foundation (FAF) to work with the Financial Accounting Standards Board (FASB) to evaluate and provide guidance where...
Key Provisions of the JOBS Act
On April 5, President Obama signed into law the Jumpstart Our Business Startups Act (JOBS Act), which aims to assist smaller companies entering public capital markets. The JOBS Act intends...
Recent Developments in Private Company Financial Reporting
Over the last six years the topic of private company financial reporting and the need for a differential set of accounting and reporting standards has gained growing attention. As accounting...