INFOFLASH BLOG
Audit
- Nondiscrimination Testing- Compliance for Employee Benefit Plans (12/12/2018) Basic nondiscrimination testing - 410(b) and 401(a), is required for defined contribution plans but how do Plan Sponsors address them…
- Looking at Fiduciary Responsibilities- Death Audits on the Day of the Dead (10/30/2018) Día de los Muertos, or Day of the Dead, is a holiday celebrated throughout Latin American to remember and honor…
- Tightening Controls for Federal Awards (10/1/2018) Understanding the Requirements for Internal Control over Compliance of Federal Awards Internal control is a process effected by an entity’s…
- New Developments for Presentation of Nonprofit Financial Statements (4/11/2018) ASU 2016-14 | Summary of Changes to Not-for-Profit Financial Statements Are you ready for significant changes to the financial statements…
- Can You Rely on Your Auditor? (3/28/2017) by Minnie Cariaga and Ashley Garcia With more than 138,000 accounting firms in the United States, making sure you select…
- TASBO Annual Conference | Takeaways From an Auditor (3/7/2017) by Marlon Williams, Partner Last week’s TASBOFestwas, by all measures, a success. Everyone will tell you that the event in…
- Cybersecurity Concerns For Employee Benefit Plans (1/6/2017) by Sharjeel Ahsan Due to the increased use of electronic means to process financial transactions and store confidential information, cyber…
- 5 Takeaway Points From the 2016 GFOAT Fall Conference (11/8/2016) by Ashley Garcia and Eric Wilson #1: Capital asset management, particularly pertaining to infrastructure, is becoming a wide-spread concern.…
- Financial Statements for Nonprofit Entities FASB Proposed Guidance, Exposure Draft on Net Asset Classifications (7/7/2016) by Johnson Olatunji, Audit Manager – McConnell & Jones LLP In April 2015, the Financial Accounting Standards Board (FASB) issued…
- GASB 72 – Fair Value Measurement and Application (4/14/2016) by Minnie Cariaga, Audit Manager GASB 72 - Fair Value Measurement and Application Last year, GASB issued Statement No. 72,…