Blog
How to Account for Joint Activities
Determining whether an organization conducts joint activities and properly accounts for these... more
Blog
Benefits of a Retirement Committee
As plan auditors, we review the governance structure of any plan as part of our procedures in... more
Blog
When Does My Retirement Plan Need an Audit?
Being proactive about getting your plan ready for an audit can save you a lot of time, money, and... more
Blog
Why Does Your 401(K) Auditor Ask For a SOC-1?
If you are the contact for your company’s 401(k) plan audit, you have probably received requests... more
Blog
Cryptocurrency’s Potential Effect on Real-World Financial Transactions
In the last few months, cryptocurrency, particularly Bitcoin, has been at the forefront of... more
Blog
FASB Issues Alternative for Goodwill Impairment Test
The FASB issued ASU No. 2021-03 Intangibles—Goodwill and Other (Topic 350), Accounting... more
Blog
Importance of Communication and Clarity with your Nonprofit Board
Nonprofit boards are generally involved in important decisions concerning the direction of the... more
Blog
FFATA Reporting Requirements
FFATA (Federal Funding Accountability and Transparency Act) reporting is required by all prime... more
Blog
IRS Confirms 2020 IRA and HSA Contribution Deadlines Extended to May 17, 2021
On March 17, 2021, the IRS extended the filing due date for individual tax returns to May 17, 2021.... more
Blog
Accounting for Implementation Costs of a Hosting Arrangement (ASU 2018-15)
Many of us are entering into agreements for cloud computing services these days. Whether it’s a... more
Blog
Increase in Dependent Care FSA Limit for 2021
Under the recently signed American Rescue Plan Act of 2021 (ARPA), the dependent care flexible... more
Blog
New Retirement Plan Provisions Under the Consolidated Appropriations Act, 2021
The recent Taxpayer Certainty and Disaster Tax Relief Act of 2020 and the COVID-19 Related Tax... more