• GAO updates internal control standards for the federal government

    Even though the Green Book was written for the Federal Government, Baker Tilly public sector specialists have found the framework to be a useful reference for state and local governments, quasi-government entities, and not-for-profit organizations when designing internal control systems.
  • Baker Tilly healthcare update October 29, 2014

    This bi-monthly healthcare update provides information on the following recent activities: recent announcements from the Department of Health and Human Services about its “Transforming Clinical Practice Initiative” and the Centers for Medicare and Medicaid Services regarding details on its Accountable Care Organization Investment Model. The update also provides information on a report regarding Medicare beneficiary payments for outpatient services received at critical access hospitals.
  • Updated mortality tables affect employee benefit plans

    The Society of Actuaries recently released new mortality tables for use by plan sponsors when measuring benefit plan costs and obligations. The new tables, RP-2014 (mortality tables) and MP-2014 (longevity improvement scale), will most likely result in higher defined benefit obligations in benefit plans.