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SOC for Cybersecurity Reports: Overview and Comparison to SOC 2 Reports

The AICPA recently updated the System and Organization Controls (SOC) reporting suite of services with the releases of Statement on Standards for Attestation

Deep Discount Grocery Stores on the Rise

In a difficult year for retail stores, one channel that is seeing the largest growth in shopper activity is deep discount grocery stores (not inclusive

Investment Committees and Endowment

The role of a higher education institution’s investment committee is critical to the short- and long-term successes of the college or university.

Hurricane Harvey: Rain Falls, Gas Prices Rise

When meteorologists merely project a hurricane’s path across an area that produces large quantities of oil and natural gas and has a large refining
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Changes for PA Nonprofit Organizations

The Pennsylvania Solicitation of Funds for Charitable Purpose Act (SFCP) requires organizations soliciting charitable contributions from Pennsylvania residents

AICPA releases SOC for Cybersecurity Examination Guidelines

The AICPA has recently published a reporting framework for CPA firms to perform an assessment of an organization’s cybersecurity risk management

UK Country-by-Country Reporting Notification Due September 1

For large businesses operating in the UK, the first country-by-country (CbC) reporting notification is due to Her Majesty's Revenue and Customs (HMRC)

How prepared are companies for the new Revenue Recognition Standards? - Survey says...

Recently, Compliance Week and Workiva conducted a survey in order to determine various companies’ readiness and preparation for the new FASB revenue
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Internal Revenue Service Midyear Report Card

National Taxpayer Advocate Nina Olson recently provided a midyear report card to the United States Congress, noting key observations regarding the performance

NACUBO Study Reveals Record Highs in 2016 Tuition Discount Rates

On May 15, 2017, the National Association of Colleges and University Business Officers (NACUBO) released its annual Tuition Discounting Study (TDS) for
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