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 .
PODCAST
What’s next for potential CPA licensure changesA new model proposed by NASBA and the AICPA is designed with an eye on the future for newly licensed CPAs. The AICPA's Carl Mayes, CPA, provides background on the project and a look ahead to 2020.
VIDEO
What RPA is and how it worksRobotic process automation is like an Excel macro that can work on multiple applications, says Danielle Supkis Cheek, CPA. RPA can complete routine, repetitive tasks such as data entry, freeing up employee time from lower-level chores.