• Cooperatives: A generation of consolidation

    As demand for food and commodities continues to rise, the impact on agricultural cooperatives throughout the country is leading to consolidation. This is setting the stage for increased merger and acquisition activity.
  • Transitioning to the 2013 COSO Framework

    Since the Committee of Sponsoring Organizations (COSO) issued its Internal Control — Integrated Framework (2013 Framework) in May 2013, many organizations have implemented the new framework to comply with the initial December 15, 2014 transition deadline. The 2013 Framework requires management to assess whether 17 principles are present and functioning, which is a change from the previous framework. Further, the 2013 Framework includes points of focus, which are important characteristics of the 17 principles and assist management with determining whether controls are properly present and functioning.