View REDW's LinkedIn Profile
 
Industry News
Our dedication to you is driven by a motivation to always do what’s in your best interest. Part of that includes teaching you what we know so you have more control of your future.

May 30, 2012 1:16:01 pm

Possible Stumbling Block for Converged Standards on Leases

The Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) has been working towards a
... » continue reading

Tags: Accounting Standards

comments | 0

May 29, 2012 10:17:05 am

Native American Casinos Positively Influence Health

Despite debate about how Native American casinos impact Tribal members, a new study has found that casinos have improved both health and health care of Native Americans.  
 
The study, The Income and Health
... » continue reading

Tags: Tribal, Healthcare

comments | 0

May 25, 2012 10:43:59 am

FAF Creates Private Company Council

 The Financial Accounting Foundation (FAF) has decided to create a Private Company Council (PCC) whose role will be to identify and vote on differences in U.S. GAAP for private companies.... » continue reading

Tags: Private Companies, Accounting Standards

comments | 0

May 25, 2012 10:26:02 am

Good News/Bad News in Benefits Trends

An annual report on major trends and attitudes regarding employee benefits has been released with both good and bad news for employers.  
 
The good news is that the turbulent economy has been good for benefits,
... » continue reading

Tags: Benefits, Employee Retention, Benefit Trends, Benefit Budget

comments | 0

May 24, 2012 10:20:15 am

ACFE Releases 2012 Fraud Report

The Association of Certified Fraud Examiners (ACFE) recently released the 2012 Report to the Nations on Occupational Fraud and Abuse.  The report is a comprehensive study of the
... » continue reading

Tags: Fraud, Occupational Fraud, Internal Audit, Audit

comments | 0

May 23, 2012 12:23:15 pm

CFOs Seeing 2012 Pay Increases

Many Chief Financial Officers are seeing pay increases in 2012, according to a recent compensation survey.  Approximately 74% of U.S. finance executives are receiving pay increases as part of their compensation packages, an increase over th
... » continue reading

Tags: Benefits, General Accounting

comments | 0

May 18, 2012 10:08:15 am

Proven Strategies for Fraud Prevention

A new report found that the two key elements to successfully detecting and preventing fraud were providing a means for individuals to report suspicious activity and conducting targeted fraud awareness training for employees and managers.

... » continue reading

Tags: Audit, Internal Audit, Risk, Fraud

comments | 0

May 16, 2012 12:37:47 pm

The Status of International Accounting Standards

In a joint statement with China last week, the United States government reaffirmed its commitment to establishing global accounting rules.  The goal has been in the works for more than a decade, and arguments and speculation about both the
... » continue reading

Tags: IFRS, Accounting Standards

comments | 0

May 14, 2012 12:55:44 pm

Roth Workplace Accounts May See Resurgence

The U.S. government is rolling out a Roth option to its retirement plan for nearly 3.3 million employees, and private section Roth plans are expected to increase 29 percent this year.  These plans can be very attractive to some employees, d
... » continue reading

Tags: Benefits, Roth

comments | 0

May 11, 2012 12:30:11 pm

Moody’s: Continued Challenges for Nonprofit Hospital Sector

Moody’s Investor Services released a report this week in which it expects that nonprofit hospitals will be required to drastically cut spending as the industry continues to face rising costs... » continue reading

Tags: Nonprofit, Healthcare

comments | 0

May 10, 2012 1:04:33 pm

Going-concern Issue Back on FASB Agenda

The Financial Accounting Standards Board (FASB) announced that it will revisit whether management should be required to assess if there is doubt about an entity’s ability to continue as a g... » continue reading

Tags: Accounting Standards

comments | 0

May 10, 2012 10:11:41 am

NIGC Requests Input from Native American Leaders

The National Indian Gaming Commission (NIGC) will hold a series of consultations with Tribal leaders and regulators as part of its continued Regulatory Review process.  The commission is se
... » continue reading

Tags: Tribal Gaming

comments | 0

May 09, 2012 10:51:29 am

2013 HSA Inflation Adjustments

The Internal Revenue Service (IRS) has issued calendar year 2013 inflation adjustments for health savings accounts (HSAs) annual contribution limitation figures and the minimum deductible amounts
... » continue reading

Tags: Tax, HSA

comments | 0

May 04, 2012 1:28:45 pm

External Fraud: Is Your Company at Risk?

The risk of external fraud for businesses is growing.  Employees can inadvertently expose your company or your clients to bank fraud by conducting online activity or replying to sophisticated phishing emails that appear legitimate.  Do
... » continue reading

Tags: Fraud, External Fraud, Internal Audit

comments | 0

May 04, 2012 1:13:11 pm

Two Important FASB Decisions on Nonpublic Entity Definition

The Financial Accounting Standards Board (FASB) has made two important decisions regarding the definition of a nonpublic entity, according to a summary of board decisions.
 
... » continue reading

Tags: Accounting Standards

comments | 0

May 01, 2012 10:04:53 am

Redefining Benefit Plans

Most employer vision and dental benefits plans were designed years ago, before the existence of Health Reimbursement Accounts (HRAs), Health Savings Accounts (HSAs) or Flexible Savings Accounts (FSAs).   Employers and brokers should take a fresh... » continue reading

Tags: Benefits, FSA, HSA, HRA, Welfare Benefits, Employer Sponsored Benefits

comments | 0