Insurance Outlook Briefing: Charging ahead of recent developments in ORSA expectations
April 15, 2014

At the recent National Association of Insurance Commissioners (NAIC) Spring 2014 national meeting, two new documents were approved for release as exposure drafts:  the Draft Own Risk and Solvency Assessment (ORSA) Guidance for Financial Analysts and the Draft ORSA Guidance …

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ParenteBeard Healthcare Reform Update April 15, 2014
April 15, 2014

At the Agencies On April 10, Kathleen Sebelius resigned from her post as Secretary of Health and Human Services (HHS).  President Obama has nominated Sylvia Matthews Burwell, the Office of Management and Budget (OMB) Director, to fill the position.  Burwell …

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Weekly Audit & Accounting e-alert for April 11, 2014
April 11, 2014

CAQ Announces “Call to Action” Debate The Center for Audit Quality and the John L. Weinberg Center for Corporate Governance will host a debate on the discussion paper, Call to Action: Enhancing the Audit Committee Report, issued by the Audit Committee …

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Department of Education Proposes Changes to Cash Management Regulations
April 11, 2014

The Department of Education (ED) held a second round of meetings on its draft of proposed changes to cash management regulations.  Currently, the main focus of these changes is to set stricter standards for disbursement of Title IV funds.  Going …

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An Important Passive Activity Loss Rules Case: ParenteBeard Comments
April 10, 2014

A recent court case serves as a good reminder of how the passive activity loss (PAL) rules apply to real estate professionals. The Case In the case (Gragg v. United States, U.S. District Court, N.D. Calif., 2014-1 U.S.T.C. para. 50,245 …

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Weekly Audit & Accounting e-alert for April 4, 2014
April 4, 2014

EU Parliament Adopts Audit Reforms The European Parliament has adopted an audit reform package, the draft Directive on Statutory Audit and the Regulation, with new requirements applicable to the statutory audit of public-interest entities. The new rules are intended to …

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