Author: Chris Ciminera, CPA, QKA
Can You Hear Me Now? – Summary Plan Description and Summary of Material Modifications
April 26, 2012
Posted by Chris Ciminera I think back to the cell phone commercial with the Verizon spokesman with his black glasses and hand to his head as a parallel for retirement plan communications. Creating a plan or changing provisions without employees knowing about it doesn’t create good “coverage” for plan sponsors. In fact, the Employee Retirement Income Security Act … Continued
Fair Value Measurements and Disclosures – ASU 2010-06
March 01, 2012
Posted by Chris Ciminera Benjamin Franklin once said, “In this world nothing can be said to be certain, except death and taxes.” Another certainty that comes to mind is change, specifically, changes to the Financial Accounting Standards Board (FASB) Accounting Standards. Every year, accountants’ inboxes are inundated with various Accounting Standards Updates (or ASUs for … Continued