Worldwide: Accounting Standards

Nonprofit organizations that sponsor retirement plans such as 401(k) and 403(b) plans are subject to two separate, but related, newly finalized U.S. Department of Labor regulations regarding disclosure of retirement plan fees that will become effective soon: (1) vendor-to-plan disclosure, and (2) plan-to-participant disclosure.

In the nearly seven years since the United States Bankruptcy Code was amended to include a new Chapter 15 to address cross-border insolvencies.

The IRS has finalized regulations (T.D. 9582) regarding whether the order in which a trust or estate distributes income to charity under its governing instrument will be respected for federal income tax purposes.

Unbiased analysis is paramount in forensic accounting.

When allegations of fraud, misconduct, or other illegal acts arise, internal investigations — often led by in-house counsel in coordination with external advisors — play a central role in a company's response.

In this special guest episode of "The Trial Lawyer's Handbook" podcast series, litigation attorney Dan Small interviews Ian Ratner, CEO of GlassRatner and B. Riley Advisory Services.

Multiple channel strategies are a way of life for manufacturers today.

In the first article in this series, NERA Economic Consulting provided a primer on "The Subprime Meltdown." That article described the players and their roles in the subprime securitization process. This article focuses on mortgage originators and the accounting-related allegations made against them in recent subprime lawsuits.

This article first appeared in the newly released book from NERA Economic Consulting,' The Line in the Sand: The Shifting Boundary Between Markets and Regulation in Network Industries.' With a foreword by Alfred E Kahn.

Identity theft is the number one consumer crime in America, and still growing rapidly. In 2004, almost one in twelve households were victimized by some form of identity theft, and surveys indicate that approximately one fifth of Americans have been victims at one time or another. The total amount of identity fraud in 2004 reached a staggering $200 for every man, woman, and child in the US. Estimates of actual individual losses vary widely, but figures of approximately $500 average out-of-pocket

Assume a situation in which Party One in foreign country A asks his local bank to make a payment to the local bank of Party Two in foreign country B. Assume further that this transaction has absolutely nothing to do with the United States.

The guidelines offer a practical framework for organizations to reassess and amend existing codes of conduct, training programs, and corporate policies and procedures to create a culture of compliance