ON THE RECORD
“We believe that overly detailed, lengthy disclosures on plan
fees and costs may impair, rather than enhance, participants’ ability
to make informed decisions regarding their participant-directed plan
investments.”
— Treasury Benefits Tax Counsel W. Thomas Reeder,
at the
House Ways and Means Committee’s hearing
on retirement plan
fees and expenses, Oct. 30.
Source: U.S. Department of the Treasury, www.treasury.gov.
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.