Compliance with IRS and Department of Labor regulations governing 401(k) Plans is filled with landmines and traps for the unwary. Here are six easy ways you can screw up your own 401(k) plan and, if you’re a plan fiduciary, be personally liable for all the costs and expenses related to the problems.
Read More
I heard Andrew Fastow, the convicted CFO of Enron, discuss his role and experiences in Enron.  The title of his presentation was Accounting Rules Versus Principles, and how they applied to the sophisticated financial strategies used to make the Enron balance sheet and income statement look better than reality. Now, before you throw up your arms...
Read More