Only 17% of retirement plan sponsors have begun discussing with their auditors how FASB Statement no. 157 will impact financial statements and benefit plans, according to the 2008 Plan Sponsor Retirement study by Grant Thornton in conjunction with Drinker Biddle & Reath LLP and Plan Sponsor Advisors LLC.
Source: Grant Thornton LLP, www.grantthornton.com .
SPONSORED REPORT
States look to unclaimed property for revenueThis free report outlines the escheat process, common types of AUP, how different states are handling it and how companies can plan for potential audits and liabilities.
PODCAST
Using drones to enhance auditsHermann Sidhu, CPA, global assurance digital leader at EY, walks us through EY’s exciting new project to use drones to help audit large warehouses and outdoor inventories.