by Gosia Kanda, CPA $3.4 trillion in Plan Assets and 55.7 Million Participants are at Risk due to Audit Deficiencies. According to the Employee Benefits Security Administration (EBSA) study on the quality of benefit plan audits performed, nearly four in ten audits...
by Sharjeel Ahsan Due to the increased use of electronic means to process financial transactions and store confidential information, cyber security has become a major area of concern for all organizations. Cyber threats have become more sophisticated and have moved...
by Eric Ernest, ERISA Compliance Partner Part III – Measurement Date Practical Expedient Accounting Standards Update No. 2015-04, Compensation—Retirement Benefits (Topic 715): Practical Expedient for the Measurement Date of an Employer’s Defined Benefit Obligation and...
by Michelle Brumfield, Director of ERISA Compliance On July 31, 2015, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2015-12, a three-part standard that provides guidance on certain aspects of the accounting by employee...
by Eric Ernest, ERISA Compliance Partner On July 31, 2015, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2015-12, a three-part standard that provides guidance on certain aspects of the accounting by employee benefit plans....