Download Printable Table The stars were indeed bright, deep in the heart of Texas, in Austin, where the National Association of Insurance Commissioners (NAIC) met for the final National Meeting of 2019. Amidst the music and barbeque, regulators worked diligently

As a result of implementation challenges faced by companies adopting certain major new accounting standards, the FASB issued two Accounting Standards Updates (ASUs) to defer the effective dates of four ASU’s: 2019-09, Financial Services—Insurance: Effective Date 2019-10, Financial Instruments —

More than two years after it began its project, the AICPA Auditing Standards Board (ASB) issued Proposed Statement on Auditing Standards (SAS), Forming an Opinion and Reporting on Financial Statements of Employee Benefit Plans Subject to ERISA. In January 2015,

Although it intended to simplify and clarify investment disclosures and create more consistent application across entities, the FASB caused some unintended confusion when it issued the following Accounting Standards Updates (ASU): ASU 2015-07 Disclosures for Investments in Certain Entities That

On December 20, 2019, as expected, the President signed into law H.R.1865 – Further Consolidated Appropriations Act, 2020. Buried on the last page of the text was a repeal of Section 512(a)(7); a part of the Tax Cuts and Jobs

House and Senate leaders reached a tentative deal to consolidate several separate spending and tax extenders bills in an effort that would avert a government shutdown on December 20. The deal includes a provision that would repeal the tax on