2,126 results found

Quick Hit: OFCCP recently issued a request to the Office of Management and Budget ("OMB") seeking approval of changes to its "scheduling letter, compliance check letter, [] Section 503 focused

SEC Commissioner Jay Clayton and senior members of the SEC staff issued a statement noting that proposals in accordance with the PWG recommendations are forthcoming.

The SEC adopted Rule 2-01(c)(1)(ii)(A) of Regulation S-X (the "Loan Provision") to change the interpretation of "auditor independence"

In a pair of recent speeches, SEC Chief Accountant Wesley R. Bricker emphasized the importance of reinforcing and advancing credible financial reporting through effective audit committees and effective internal control over financial reporting ("ICFR").

After years of vigorous lobbying by business groups and lawmakers for softening the rules under Section 404 of the Sarbanes-Oxley Act of 2002 (SOX), the Securities and Exchange Commission (SEC) unanimously approved interpretive guidance on May 23, 2007 designed to ease the burden of complying with Section 404 by allowing public companies to tailor their internal inspections to the scale of the business, thereby reducing the cost of compliance with SOX.

SEC Chair Mary Jo White stated that the SEC had focused its reinvigorated investigation and enforcement efforts on holding preparers and auditors accountable for their work on financial statements.

Plan sponsors, in their fiduciary capacity, have had two distinct duties related the 408(b)(2) disclosures.

The U.S. Department of Labor (DOL) has updated processing times for prevailing wage determination (PWD) and permanent labor certification (PERM) applications.

Revisions to the Form 5500 released earlier this year are about to make life a little easier for many small employers that sponsor defined contribution plans.

HIPAA-covered entities, including employer health plan sponsors, should watch the mail for a letter from the Office for Civil Rights (OCR).

Starting this month, plan sponsors may be notified by letter that their retirement plan has been selected for an examination.

As previously discussed here, the use of artificial intelligence in the workplace has drawn scrutiny from regulatory bodies and activist groups who have expressed concern that such technology

New York City regulators have finalized rules implementing the city's law requiring bias audits of automated employment decision tools, publication of audit results, notice to employees, and other requirements.

We recently witnessed the DOL's 401K audit priorities first hand.

Effective July 1, 2018, the Massachusetts Equal Pay Act (the "Act") requires employers to pay employees of different genders equal wages for comparable work.

Earlier this year we shared that the U.S. Department of Labor (USDOL) was launching its Payroll Audit Independent Determination (PAID) program.

Texas Governor Greg Abbott has ordered a comprehensive verification audit of data center projects in ERCOT's interconnection process, fundamentally altering the regulatory landscape for the industry. The directive introduces new "community impact" requirements covering tax incentives, water usage, noise controls, and ownership disclosure, while state legislators threaten to repeal sales tax exemptions.

Under its Incentives for Self-Policing: Discovery, Disclosure, Correction, and Violations ("Audit Policy"), the Environmental Protection Agency ("EPA") is considering whether to offer tailored incentives to "new" owners who acquire facilities or businesses discovered to be in violation of environmental regulations.