Insights

Blog

How to Account for Joint Activities

Determining whether an organization conducts joint activities and properly accounts for these... more
April 14, 2021
Blog

Benefits of a Retirement Committee

As plan auditors, we review the governance structure of any plan as part of our procedures in... more
April 9, 2021
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
April 9, 2021
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
April 9, 2021
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
April 7, 2021
Blog

FASB Issues Alternative for Goodwill Impairment Test

The FASB issued ASU No. 2021-03 Intangibles—Goodwill and Other (Topic 350), Accounting... more
April 7, 2021
Blog

Importance of Communication and Clarity with your Nonprofit Board

Nonprofit boards are generally involved in important decisions concerning the direction of the... more
April 1, 2021
Blog

FFATA Reporting Requirements

FFATA (Federal Funding Accountability and Transparency Act) reporting is required by all prime... more
March 31, 2021
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
March 31, 2021
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
March 15, 2021
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
March 12, 2021
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
January 6, 2021