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Audit

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Long-Awaited Employee Benefit Plan Audit Standard Final Balloted

Audit|ERISA

By Todd Lucas

In April 2017, the Audit Standards Board (ASB) issued an exposure draft of the Proposed Statement on Auditing Standards (SAS), Forming an Opinion and Reporting ... read more >

Making Your Benefit Plan Audit Easier

Generally, any plan with 100 or more participants requires a plan audit. Whether your plan has already reached this threshold or you anticipate the plan ... read more >

The Future of Construction

In thinking about the future of construction, my Google search turned up a lot of ideas. Some of the main aspirations of construction companies for the ... read more >

Professional Service Firms - Are You Ready for the Implementation of the New Lease Standard? What Are the Five Key Questions to Ask?

Professional service firms will be required to adopt Accounting Standards Update (ASU) 2016-02 Topic 842 - Leases (ASU 2016-02) in the upcoming years. ... read more >

Gramm-Leach-Bliley Act - Are you protecting your students' financial data?

The Gramm-Leach-Bliley Act (GLBA) is a federal law that applies to entities that collect consumer financial data, including institutions of higher education. ... read more >

New Employee Benefit Plan Auditing Standard Now Final

Audit|ERISA

By Todd Lucas

After years of debate, deliberation and revision, it appears the Auditing Standards Board (ASB) is finally set to issue Statement on Auditing Standards ... read more >

ASU 2016-02: How the Lease Standard Will Impact Drilling Companies

On February 25, 2016, the Financial Accounting Standards board (“FASB”) issued ASU 2016-02 on leases, which is effective for calendar periods ... read more >

Checking in on the PCAOB in a Time of Transition

The Public Company Accounting Oversight Board (PCOAB) has experienced a transformation in recent months, including the appointment of a new chairman and ... read more >