CFMA is currently experiencing technical issues with one of our service providers. We are working to resolve the issue quickly and thank you for your patience.

Collaborating on advocacy initiatives, industry partnerships, and response letters, CFMA is in the news.

CONFINDEX™ is your leading economic indicator resource of the health of commercial construction in the US.

Learn how CFMA is focused on legislative issues impacting the financial management of your company.

Join us in moving towards a zero suicide industry.

1 2 3 4

Legislative & Regulatory Issues

Be Prepared: DOL Adds Disclosure Requirements That Impact Most 401k Plans in 2012
As 2012 progresses, new regulations that fall under the Employee Retirement Income Security Act of 1974 (ERISA) will be implemented. Specifically, new disclosure requirements will be included under Section 408(b)(2) and Section 404(a)(5).
Click here for more info.

FASB Issues July 31 Invitation to Comment on  Whether and When to Modify U.S. GAAP for Private Companies
The FASB yesterday issued an Invitation to Comment on a staff paper that outlines an approach for deciding whether and when to modify U.S. GAAP for private companies. The paper, Private Company Decision-Making Framework: A Framework for Evaluating Financial Accounting and Reporting Guidance for Private Companies, contains initial FASB staff recommendations for criteria to determine whether and in what circumstances it is appropriate to adjust financial reporting requirements for private companies following U.S. GAAP.
Click here for more info.

3% Withholding Rule Repealed
President Obama signed the 3% Withholding Repeal and Job Creation Act (HR 674) on November 21, 2011, permanently repealing a previous law’s onerous provision requiring federal, state, and local governments to withhold 3% of all payments for goods and services exceeding $10,000 to all contractors and vendors.
Click here for more info.

Learn More

Revenue Recognition Implementation Guide

The Book

Your guide to preparing for the latest changes and their impact on existing internal accounting systems, tax planning, and more.

Learn More