783
Showing all 7 results
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Still struggling with how to account for contributions?
Spring 2020
Newsletter: Nonprofit Observer
Price: $225.00, Subscriber Price: $157.50
Word count: 783
Abstract: After the FASB’s 2014 release of ASU No. 2014-09, Revenue from Contracts with Customers, many nonprofits were confused about whether grants and similar contracts were covered by these new revenue recognition rules. The FASB’s subsequent issuance of ASU No. 2018-08, Not-for-Profit Entities (Topic 958): Clarifying the Scope and the Accounting Guidance for Contributions Received and Contributions Made, was intended to provide some helpful answers. But the second ASU apparently left a significant number of stakeholders with some questions, particularly regarding the effect of budget requirements and cost-sharing provisions. In response, the FASB has released a Q&A, which this article highlights.
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Making age a factor in choosing QDIA options
August / September 2017
Newsletter: Employee Benefits Update
Price: $225.00, Subscriber Price: $157.50
Word count: 783
Abstract: Target date funds (TDFs), the most popular 401(k) qualified default investment alternative, were designed to meet the investment needs of typical plan participants, no matter what their age. The theory is that employees can essentially “set it and forget it,” as TDF portfolios are automatically adjusted from aggressive to more conservative as employees approach and proceed through retirement. That theory, however, has been challenged by research pointing to participants’ failure to use TDFs as intended. This article examines why this is, and what employee benefit plans can do about it.
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Manager or salesperson? Overtime exemptions under the Fair Labor Standards Act
May / June 2015
Newsletter: Employment Law Briefing
Price: $225.00, Subscriber Price: $157.50
Word count: 783
Abstract: Whether an employee should receive overtime pay or is exempt from such compensation under the Fair Labor Standards Act is a common employment law dispute. This article looks at a recent case in which this issue was raised yet again. Specifically, an employee whose job title was First Assistant Manager contended that his job duties were really more those of a salesperson who provided clerical assistance. Little v. Belle Tire Distributors, Inc., No. 13-2699, Oct. 23, 2014 (6th Cir.)
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Heads up: Here come the unclaimed property audits
Spring 2013
Newsletter: Healthcare Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 783
Abstract: Many state governments have given their unclaimed property laws new life in an attempt to raise much-needed revenue. To track down unclaimed property, states often hire outside auditors on a contingency fee basis, which encourages these freelancers to pursue industries most likely to harbor such property — such as health care. This article explains what constitutes unclaimed property, particularly as it pertains to hospitals, and what hospitals should do to decrease their vulnerability in an unclaimed property audit. A sidebar lists some of the exemptions that exist for certain types of property.
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Hands off! — 4 asset-protection strategies to consider including in your wealth management plan
May / June 2012
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 783
Abstract: When it comes to forming a comprehensive wealth plan, including asset-protection strategies is a must. Executed properly, they can reduce the chances of creditors and litigants gaining access to personal assets. This article looks at four specific strategies: reviewing insurance coverage; sheltering assets in retirement accounts; separating a business interest into different entities; and creating a trust.
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Choose words carefully — College administrator’s comment spurs ADA lawsuit
March / April 2012
Newsletter: Employment Law Briefing
Price: $225.00, Subscriber Price: $157.50
Word count: 783
Abstract: A mentally disabled worker for a community college had been repeatedly denied promotion. He filed a charge with the Equal Employment Opportunity Commission (EEOC). When he later asked a school HR official what he should be doing differently, he essentially was told he should not be suing his employer. This article explains why that comment endangered the college’s case when the worker later sued under the Americans with Disabilities Act (ADA). Citation: Dickerson v. Board of Trustees of Community College District No. 522, No. 10–3381, September 16, 2011 (7th Cir.)
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Today’s appraisers bring various credentials to the table
Summer 2008
Newsletter: Valuation Concepts
Price: $225.00, Subscriber Price: $157.50
Word count: 783
Abstract: Many business owners and attorneys often find themselves overwhelmed by the many acronym-heavy credentials associated with the ever-growing pool of qualified appraisers. Understanding these credentials, and the standards that create them, can help business owners and attorneys not only choose the right appraiser, but also better understand the final work product produced. This article describes some of the more common valuation credentials.