November 29, 2011 2:18:56 pm
GASB Considering Controversial Public Pension Changes
The Governmental Accounting Standards Board (GASB) is considering changes to public pension rules that would require public entities to report expected pension liabilities on their balance sheets for
Tags: Local and State Government, Pension Plans
November 23, 2011 10:48:28 am
IRS Creates Safe Harbor for Native American Trust Accounts
The Internal Revenue Service has responded to requests for guidance on Revenue Procedure 2011-56 for reporting income transferred to or earned by
November 22, 2011 11:08:47 am
Moody’s Estimates Deficit Cuts Impact on Healthcare Industry
Moody’s Healthcare Quarterly reports that the congressional committee that is currently working to reduce the deficit by next week’s November 23rd deadline will most likely target fe
Tags: Healthcare
November 21, 2011 2:34:07 pm
NAFOA Asks Senate to Remove Barriers to Job Creation in Indian Country
Native American Finance Officers Association (NAFOA) executive director, Dante Desiderio, testified before the Senate Committee on Banking,
Tags: Tribal
November 18, 2011 10:10:45 am
DOL to Repropose ERISA Fiduciary Definition
The Department of Labor announced that it plans to revisit the definition of fiduciary under the Employee Retirement In
Tags: Benefits Consulting
November 17, 2011 3:40:26 pm
UNM’s Project Echo™ Featured on Discovery Channel
UNM’s Project ECHO™ (Extension for Community Healthcare Outcomes) will be featured in a Discovery Channel documentary about how innovations in information technology is changing patien
Tags: Healthcare
November 17, 2011 10:27:25 am
AICPA Seeking Comments on Goodwill Impairment Guide
The Financial Reporting Executive Committee (FinREC) of the American Institute of CPAs (AICPA) is seeking comments on a working draft, Accounting and Valuation Guide Testing Goo
Tags: Audit & Consulting, Valuation
November 17, 2011 10:12:20 am
Employer Unable to Reconcile Health Care Plan Affordability
The Patient Protection and Affordable Care Act (PPACA) shared responsibility provisions require employers, federal agencies and individuals to makes some assumptions when decid
Tags: Healthcare, Employee Benefits
November 15, 2011 1:08:42 pm
Important Health Care Plan Summary of Benefits Requirements
Under the Patient Protection and Affordable Care Act (PPACA), the requirements for the Summary of Benefits and Coverage (SBC) will go into effect beginning March 23, 2012.
Tags: Healthcare, Employee Benefits
November 15, 2011 10:39:45 am
Disparity in Community Hospitals Financial Reporting
A recent survey found that 49 percent of U.S. community hospitals report either negative operating margins or operating margins of less than 2 percent. Approximately 23 percent of the responding hospitals reported operating margins over 4 percent,
Tags: Healthcare
November 03, 2011 11:16:46 am
Congress Inquires about IRS Oversight of Nonprofit Hospitals
After a court ruled that an Illinois hospital did not meet the charity requirements that justify its property tax exemption, the Internal Revenue Service (IRS) revoked the property tax exemptions f
Tags: Healthcare, Nonprofits
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