Author: admin
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Study Links Audit Fee Pressure To Quality, Restatements
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“Public companies demanding audit fee relief have won the upper hand the last several years, paying less even when they pose greater risk of intentional misstatements and filing more restatements as a result — except when there’s an ex-auditor on the board.”
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Ten States With The Most Fraud Complaints
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“Fraud and scams cost Americans more than $1.6 billion last year. According to a report from the Federal Trade Commission (FTC), there were more than 2 million cases of fraud in 2013, down slightly from the previous year. On average, there were 500 complaints per 100,000 residents in the 50…
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Taking Your Marketing To The Next Level
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Market segmentation and customer insights are only part of what you need to enter the competitive market. Are you ready to take your efforts to the next level? With the concept of the buying center, you can communicate value at the right time to the right decision influencers, using unique…
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Chances Are Your Business Isn’t Worth As Much As You Think
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“About two-thirds of nearly 1,000 business owners surveyed recently by Pepperdine University’s Private Capital Markets Project expect to transfer their ownership in the next 10 years. But will those owners be able to sell the fruits of their years of labor for an acceptable amount? Maybe, maybe not.”
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IRS Offers Guidance For 401(k) Rollovers
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The Internal Revenue Service has issued guidance for employers whose 401(k) plans offer Roth IRA accounts for the rules governing rollovers by participants younger than retirement age.
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Reviewing Your Vendor Lists To Fight Fraud
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“Whether fraud is intended or not, a robust review of your vendors can diminish potential losses. Acts of fraud happen all too frequently. Fortunately, understanding and using data maintained in a master vendor list provides opportunities to detect suspicious activity and identify areas where internal controls can be strengthened.”
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401(k) Balances Hit Record $89,300 In 2013
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“The surging stock market helped boost average 401(k) balances to yet another record high in 2013. But many young and low-income workers are not doing such a great job of keeping that cash in their accounts.”
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Report Shows Restaurant Sales In December Declined
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“As a result of softer same-store sales and customer traffic levels, the National Restaurant Association’s Restaurant Performance Index registered a moderate decline in December. The RPI — a monthly composite index that tracks the health of and outlook for the U.S. restaurant industry — stood at 100.5 in December, down…
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World Bank Raises Its Growth Forecast
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“The Washington-based lender sees the world economy expanding 3.2 percent this year, compared with a June projection of 3 percent and up from 2.4 percent in 2013. The forecast for the richest nations was raised to 2.2 percent from 2 percent. Part of the increase reflects improvement in the 18-country…
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Important Obamacare Deadlines For Businesses
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“It’s not too late to start a company health plan for 2014–or too early to prepare for big changes coming in 2015. Here’s what businesses need to know. With a new year comes a new set of healthcare-related deadlines to keep track of. The good news: with extensions and exemptions,…