The Auditing Standards Board (ASB) has redrafted almost all of the auditing standards in an attempt to make them easier to read, understand, and apply.
There is another batch of accounting pronouncements for companies and not-for-profit organizations that will take effect for calendar year 2012 financial statements or later.
On December 20, the Financial Accounting Standards Board (FASB) issued for public comment its proposal to improve financial reporting about expected credit losses on loans and other financial assets held by banks, financial institutions, and other public and private organizations.
Are you thinking about starting a NextGen College Investing Plan in Maine for a newborn child? Do you instead have a recently-formed NextGen plan in place? What you might not know is that as part of the Harold Alfond College Challenge, your plan may qualify for a grant of as
Compliance remains a major focus of the Department of Health and Human Services. Through CMS, the OIG and others, oversight of Medicare and Medicaid reimbursement continues unabated and, in fact, expands. This article summarizes and provides guidance on some of the recent efforts of these departments.
“It’s not easy being green” isn’t just a phrase oft repeated in pop culture; it’s a real-life situation that many businesses are facing as they take on the task of implementing greener practices in the face to operational needs and constraints. One way a company can do this is to “Go Green” with their IT practices.
(Now may be the ideal time to use a grantor retained annuity trust) A Grantor Retained Annuity Trust (GRAT) is a vehicle used to preserve family wealth by reducing estate and gift taxes on transfer of assets to family members during the taxpayer’s life. The interest rate applicable in determining