In July 2015, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2015-12 to simplify plan accounting of investments for Defined Benefit...Read More
President Obama signed into law the Protecting Americans from Tax Hikes (PATH) Act on December 18, 2015. The Act contains several provisions affecting tax-exempt...Read More
The definition of a payroll (compliance) audit is to determine through the review of the payroll records that the employer is in compliance with...Read More
In recent years, we have seen a rapid expansion of alternative classes of investments in large pension fund portfolios, both public and private. These...Read More
Many organizations have implemented the framework established by the Committee of Sponsoring Organizations of the Treadway Commission (COSO) in the design of their internal...Read More
Congress waited until late December to pass its tax extenders bill, but instead of just making the usual one year routine extenders, they made...Read More