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January 27, 2012 2:08:11 pm

S&P: New FASB Rule Will Not Affect Hospital Ratings

The new Financial Accounting Standards Board (FASB) ruling regarding the way nonprofit hospitals handle bad debt will likely impact hospital ratios, but not ratings, according to

... » continue reading

Tags: NonprofitHealthcare

January 27, 2012 10:36:30 am

FASB Proposes Simplified Impairment Testing for Indefinite-Lived Intangible Assets

The Financial Accounting Standards Board (FASB) is now accepting comments on a proposed Accounting Standards Update that provides provides companies with an alternative to goodwill testing det

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Tags: Accounting Standards

January 26, 2012 11:36:28 am

Significant Form 990 Changes for Nonprofits

The final 2011 Form 990, Return of Organization Exempt from Income Tax, is now available on the Internal Revenue Service (IRS) website.  The new form has significant changes, including:

  • Organizations that have foreign inves
... » continue reading

Tags: Nonprofit

January 25, 2012 1:13:40 pm

Traditional Internal Audit Role Expanding to Provide Valuable Insight to Businesses

According to a survey of more than 500 audit and compliance professionals, internal auditors see their role evolving to include more active participation in their clients’ organizations.  Risk management assessment and increased data an

... » continue reading

Tags: Internal Audit

January 25, 2012 9:43:17 am

Sage ERP MAS 90 & MAS 200 Newsletter (Issue 1, 2012)

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Introducing National Accounts
Managing Large Customers with Multiple Locations
... » continue reading

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January 20, 2012 2:17:18 pm

Native American Tribes Can Soon Purchase FEHB Health Coverage for Employees

The U.S. Office of Personnel Management (OPM) has announced that Indian tribes, tribal organizations and urban Indian organizations will soon be able to purchase

... » continue reading

Tags: TribalBenefits638

January 20, 2012 10:09:38 am

FASB, IASB Further Refine Revenue Recognition Proposal

The Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) jointly issued a press releas

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Tags: Accounting Standards

January 19, 2012 12:42:41 pm

COSO Proposes Update to its Internal Control Framework

The Committee of Sponsoring Organizations of the Treadway Commission (COSO) has proposed an update to the COSO Internal Control – Integrated Framework, the landmark common internal control model th... » continue reading

Tags: Internal Controls

January 17, 2012 12:22:04 pm

FASB: Management Not Required to Report Going-Concern

The Financial Accounting Standards Board (FASB) has announced that management will not be required to disclose a going concern if there is substantial doubt about an entity’s ability to con... » continue reading

Tags: TribalCasino Gaming

January 16, 2012 1:42:58 pm

Navajo Nation’s Latest Casino to Feature Navajo Art, Increase Competition

The Navajo Nation opened its 3rd casino on January 16th in northern New Mexico’s Upper Fruitland.  The casino aims to attract guests from the Ute Tribe’s casinos located in Ign... » continue reading

Tags: TribalCasino Gaming

January 13, 2012 9:52:18 am

IRS Provides Guidance on W-2 Health Plan Cost Reporting

The Internal Revenue Service (IRS) released new guidance on Notice 2012-9 regarding the requirement for employers to report the cost... » continue reading

Tags: TaxAccounting StandardsTribal

January 12, 2012 10:27:49 am

Non-Profit Hospitals Underpaid For Medicare; Some Profit on Program

Medicare underpaid approximately 1,800 nonprofit hospitals collectively by $8.2 billion, according to a Modern Healthcare Magazine review of 2009 tax forms.  Further, the review f

... » continue reading

Tags: HealthcareNonprofit

January 11, 2012 10:02:33 am

2012 Tax Provisions Go Into Effect

A number of new tax provisions became effective on January 1st.  The changes most important to business owners and managers are below.   

  • A number of standard tax tables changed this year due to inflation adj
... » continue reading

Tags: TaxBenefitsAccounting Standards

January 09, 2012 3:12:42 pm

REDW Begins 2012 With Four More

REDWLLC, New Mexico’s largest locally owned certified public accounting and business consulting firm, is pleased to announce that Jeremy Reiss, Richard Gillespie, William Dow Foster and Lorena Herrera jo... » continue reading

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January 09, 2012 9:52:41 am

Tribal Government vs. Commercial Employee Benefit Plans

In this issue, we review recently proposed changes that affect tribal employee benefit plans, including 401(k) and welfare plans, which could have a substantial impact on those who serve Tribal governments and enterprises.

On... » continue reading

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January 09, 2012 9:33:27 am

REDW Conducts First Tribal Compensation & Benefits Study in U.S.

REDW LLC is pleased to announce the completion of the 2011 Tribal Compensation & Benefits Survey, the fir... » continue reading

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January 06, 2012 1:32:01 pm

HFMA Provides Accounting Guidance for HITECH EHR Incentive Payments

The Healthcare Financial Management Association (HFMA) has published an issue analysis on accounting for incentive payments provided by the Health Information Technology for Economic and Clinical

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Tags: healthcarenonprofitaccounting standards

January 04, 2012 4:56:08 pm

Tribal Government vs. Commercial Employee Benefit Plans

We put together this summary to encourage you to consider recently proposed legislative changes that impact tribal employee benefit plans, including 401(k) and welfare plans. This information is meant to bring awareness of the issues since i
... » continue reading

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January 04, 2012 4:30:21 pm

Sage Fund Accounting Newsletter (Issue 4, 2011)


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Introducing Sage Fund Accounting Version 11

Sage Fund Accoun... » continue reading

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