Welcome to the first issue of our quarterly newsletter, the McClintock Minute. We hope this newsletter can be used as a beneficial resource for you as well as your colleagues and friends. Each quarter we will feature articles relating to a variety of matters, including tax, student financial aid, and...
By Michael T. Wherry, CPA The Financial Reporting Framework for Small and Medium-Sized Entities (FRF for SME) is a self-contained financial reporting framework not based on accounting principles generally accepted in the United States of America (GAAP). Special purpose frameworks, with the exception of the contractual basis of accounting, are commonly...
By Sandy Santangelo The Violence Against Women Reauthorization Act, Public Law 113-4 (VAWA) was signed into law on March 7, 2013. Section 304 of the VAWA, known as the Campus Sexual Violence Act, changes existing requirements and imposes new obligations on institutions that will require additional Clery Act crime reporting obligations,...
By Steven T. Feldbauer, J.D. Many employers are already aware that the Affordable Care Act (“ACA”) contains “Employer Mandate” or “Play or Pay” provisions that will impose penalties for failing to provide affordable minimum essential health insurance coverage to full-time employees. However, with respect to determining full-time employee status especially for...
During 2007, the McClintock family lost one of its own, Todd Reed McClintock, to leukemia at age 26. But, they would not let Todd’s passing be in vain. Every year, for the past six years, the McClintocks have held the annual Todd-a-thon to raise money for leukemia research. This year...