FYI


President Barack Obama nominated Joshua Gotbaum to become PBGC director. If the nomination is approved, Gotbaum would replace Acting Director Vince Snowbarger.

 

Gotbaum, currently an operating partner at Blue Wolf Capital, has for three decades helped manage and advise public, private and nonprofit institutions. In 2001, he was the first CEO of The September 11th Fund, a charity with more than $500 million in assets whose grants helped more than 100,000 people affected by the attacks. During the Clinton administration, he was executive associate director and controller in the Office of Management and Budget; assistant secretary of Treasury for Economic Policy; and assistant secretary of Defense. During the Carter administration, Gotbaum served on the White House staff and in the Department of Energy.

SPONSORED REPORT

States look to unclaimed property for revenue

This 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 audits

Hermann 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.