FASB Issues Exposure Drafts for Simplification of Employee Benefit Plan Reporting
On April 23, 2015, the Financial Accounting Standards Board (FASB) issued three exposure drafts in conjunction with its project to simplify financial reporting
Update: Improvements to Financial Reporting of Employee Benefit Plan Accounting Are Coming
At a meeting of the Financial Accounting Standards Board (FASB) in November 2014, the FASB discussed three areas that are in need of simplification for
When Should You Consider the New Mortality Tables?
Most entities that sponsor defined benefit plans are aware that the Society of Actuaries released in October 2014 updated mortality tables to be considered
Are Errors on Your Form 5500 Sending Red Flags to the IRS?
The Internal Revenue Service (IRS) recently released an article citing errors on Form 5500 filings that are used by the IRS to select cases for compliance
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