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A recent written auditor request indicates an aggressive position and differing treatment on previously exempt Illinois business-to-business property.

In the CARES Act that became law with President Trump's signature on March 27, $100 billion has been set aside for "health care related expenses or lost revenues that are attributable" to the COVID-19

The Securities and Exchange Commission recently released a Statement highlighting eight areas that audit committees should focus on this reporting season.

Responding to a software audit can be an arduous, expensive, and time-consuming process for a company.

On December 30, 2019, the Chair of the Securities and Exchange Commission, the SEC's Chief Accountant, and the Director of the SEC's Division of Corporation Finance issued a...

Borrowers that obtained loans under the SBA's Paycheck Protection Program ("PPP")—and chose to keep them—will soon progress to a new phase of the lending process.

Public Company Accounting Oversight Board Chairman James R. Doty provided an update on the Board’s 2015 budget at the SEC’s Open Meeting in Washington, D.C.

Under rule 206(4)-2 of the Advisers Act, otherwise known as the Custody Rule, it is a fraudulent practice for a registered investment adviser to have custody of client funds or securities

Top officials at the Securities and Exchange Commission ("SEC") recently released the Statement on Role of Audit Committees in Financial Reporting and Key Reminders Regarding Oversight

Retirement plans are permitted, but not required, to provide in-service distributions of elective deferrals to participants if they can show financial hardship...

It is the Tuesday after a long holiday weekend, and you are faithfully going through the pile of mail on your desk when you spy an envelope from the United States Department of Labor's Office of Federal Contract Compliance Programs.

The IRS Employee Plans Compliance Resolution System (EPCRS) permits any plan sponsor of a retirement plan (including SEP and SIMPLE IRA plans) to correct plan failures. Three correction programs exist:

The U.S. Securities and Exchange Commission recently completed a review of how US domestic public companies have fared in their first year of compliance with Section 404 of the Sarbanes-Oxley Act.

Shortly following its announcement of sweeping changes to RADV audits, CMS shared industry guidance last week regarding upcoming...

Last week, the HHS Office for Civil Rights (OCR) disclosed a $5.5 million settlement with Memorial Healthcare Systems (MHS) for HIPAA violations affecting the protected health information...

The Health Care Compliance practice group introduces its new Senior Director, Darri Scalzo, CHRC, CCRP. Darri is based out of the Chicago office and works remotely from Arkansas.

Earlier this month the Department of Health and Human Services Office for Civil Rights released a revamped audit protocol that now addresses the requirements of the 2013 Omnibus Final Rule.