FEI Weekly

May 22, 2015

Supreme Court affirms duty to monitor 401(k) fees, insights on effective compliance, and FASB simplifies combination accounting.

Supreme Court Increases Employer Responsibilities for 401(k) Plans

CPA Practice Advisor

The U.S. Supreme Court held that employers have an ongoing duty to monitor the fees being charged to participants in 401(k) plans.

What a Robust Compliance Program Looks Like

Compliance Week

Justice Department official Leslie Caldwell describes the government's views on effective compliance and internal investigation.

FASB Proposes Narrow Simplification to Business Combination Accounting

Journal of Accountancy

FASB continued its work to simplify accounting standards Thursday, issuing a proposal designed to make it easier to account for adjustments made to provisional amounts recognized in a business combination.

The Skills Businesses Want in a CFO

Forbes

An executive recruiter outlines the top skills businesses look for in CFOs and how companies should groom talent for the position.

International Standards Board Approves Clarifications to Revenue Recognition Model

Bloomberg BNA (FEI Members Only)

The board considered four proposals at its meeting in London that aimed to clarify the definitions and roles of principals and agents in revenue recognition