Grant Thornton LLP has achieved accreditation as a Third Party Assessment Organization under the Federal Risk and Authorization Management Program (FedRAMP). FedRAMP is a government-wide program that provides a standardized approach to security assessment, authorization, and continuous monitoring for cloud products and services. Administered by the American Association for Laboratory Accreditation (A2LA), the 3PAO accreditation… Keep reading →
MiraMed Global Services, Inc. (MiraMed) is pleased to announce that its global subsidiary, Ajuba International, LLC (Ajuba), has completed its Service Organization Controls (SOC) Type II Examination. The independent SOC examination was conducted by Plante Moran, PLLC a public accounting and consulting firm who evaluated and tested the company’s internal operational controls and processes. SOC… Keep reading →
While operating at historically-low budgetary and staffing levels, the federal inspectors general (IG) community embodies the ‘do more, with even less’ mantra in government. AGA conducted the second annual survey of federal IGs to identify areas of common concern across the oversight landscape. This year’s survey also included state auditors. View the report: http://bit.ly/1qPt622 This… Keep reading →
A bipartisan majority of the U.S. House of Representatives – 233 members – have signed a letter urging the House leadership to preserve the cash method of accounting for tax purposes, writing that proposals requiring a transition to the accrual method “will have a severely detrimental impact on thousands of businesses in our districts.” Last… Keep reading →
Minnesota’s manufacturers are more confident in their firms’ future than at any point since 2009, according to the sixth annual The State of Manufacturing®, a survey research project sponsored by Enterprise Minnesota and partners. Health care costs, government policies and regulation, and the ability to attract and retain qualified workers also top the list of… Keep reading →
The Insured Retirement Institute (IRI) today released a new report showing that Baby Boomers’ confidence in their retirement plans continues to decline, a trend dating back to 2011, when IRI first began tracking Boomers’ retirement expectations. During that time, the percentage of Boomers showing high levels of confidence in their financial preparations for retirement dropped… Keep reading →
The National Retail Federation today called Senate legislation aimed at increasing the federal minimum wage by 40 percent an anti-job tax that would lead to higher labor costs for employers and fewer opportunities for young and entry-level workers. NRF will include votes on the minimum wage as “Key Retail Votes” in its annual voting scorecard… Keep reading →
A new online pension implementation toolkit was released today by the Governmental Accounting Standards Board (GASB). The toolkit is designed to help preparers, auditors, and users of state and local government financial reports understand and apply the revised pension accounting and financial reporting standards that the GASB approved in June 2012. The toolkit is available… Keep reading →
Optimism for the nation’s economic outlook among U.S. business leaders plummeted 16 percentage points in fourth quarter 2013 to a net balance of 36 percent according to the latest data from the Grant Thornton International Business Report (IBR), a survey of 3,300 business leaders in 45 countries. Hiring expectations in the United States declined for… Keep reading →
Janet Yellen’s comments at her confirmation hearing to become Federal Reserve chairman reverberated beyond the Senate Banking Committee on Thursday, and could influence the planning and decision making of nearly two-thirds of the nation’s CFOs and finance chiefs. Sixty-one percent of senior Chartered Global Management Accountant designation holders surveyed by the American Institute of CPAs said the comments and… Keep reading →