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October 28, 2011 11:34:06 am

IRS Announces Retirement Plan Limitations

The Internal Revenue Service has announced cost-of-living adjustments which affect the limitations for pension plans and retirement contribution plans for the 2012 tax year.  Some of the limit

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Tags: Retirement Plans401(k) PlansBenefits Consulting

October 25, 2011 10:10:55 am

Twelve Ideas for Flexible Benefits for 2012

It’s never too soon to look ahead.  New employer disclosure requirements, upcoming fees and possible HIPAA regulations are just a few items on the agenda for the new year.  Click

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Tags: Employee Benefits

October 24, 2011 2:14:47 pm

AICPA Pressures for Independent Board for Private Companies

The American Institute of CPAs (AICPA) issued a resolution on October 18th to express its concerns with the Financ

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Tags: Accounting StandardsAudit

October 24, 2011 10:06:52 am

IRS May Ease Nonprofit Hospital Form 990 Burden

The Internal Revenue Service has drafted changes to Form 990, Schedule H that will make it easier for nonprofit hospitals to maintain tax exempt status.  The form changes were proposed by the

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Tags: HealthcareTax

October 19, 2011 2:00:08 pm

IEED Awards 30 Tribes Economic Development Grants

The Office of Indian Energy and Economic Development (IEED) awarded $2 million in grants for 46 projects on October 10th.  Thirty tribes were the recipients of the

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Tags: Tribal

October 19, 2011 1:42:26 pm

Many Groups Concerned about GASB’s Proposed Changes

Proposed changes by the Governmental Accounting Standards Board (GASB) have caught the attention of a number of groups that are expressing concern about both the timeline for implementation and the im

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Tags: Accounting StandardsState and Local Government

October 17, 2011 10:47:49 am

Rural Hospitals Struggle with Health Information Technology

Physicians have an opportunity to champion the implementation of Health Information Technology, particularly in rural areas.  A new report finds that only 5 percent of rural hospitals are able to meet “meaningful use” of electroni

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Tags: HealthcareAccounting Standards

October 17, 2011 10:41:26 am

Big Changes in Reporting Medical Malpractice Liabilities

The Financial Accounting Standards Board (FASB) made changes to the way healthcare entities report medical malpractice and similar liabilities under FASB

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Tags: HealthcareAccounting Standards

October 06, 2011 2:11:04 pm

Handling an Internal Fraud Investigation

Even the best compliance programs struggle with the potential for a fraud incident.  When an employee reports a major fraud infraction, whether through a personal report, internal hotline or through the whispering of the rumor mill, every com

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Tags: Audit & ConsultingInternal AuditForensic AccountingRisk

October 05, 2011 1:12:45 pm

FASB to Review Standards for Nonprofit Entities

The Not-for-Profit Advisory Committee (NAC ) of the Financial Accounting Standards Board (FASB

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Tags: NonprofitsAccounting Standards

October 03, 2011 10:37:17 am

“Big Bang” Approach for IFRS Implementation

Rapid U.S. adoption of International Financial Reporting Standards continues to be a topic worldwide as discussion of this “big bang” approach continues.

Proponents of r

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Tags: Accounting StandardsAudit