While there is no mandate that all organizations have a board of directors, boards are, nevertheless, ubiquitous in the United States for both for-profit and not-for-profit companies.
On November 17, 2004, the Federal Deposit Insurance Corporation ("FDIC") provided guidance on the internal control attestation standards that auditors of insured institutions with $500 million or m
National banks beware! A recent court opinion substantially limits a national bank's access to federal courts in Maryland, North Carolina, South Carolina, Virginia, and West Virginia.
The federal government continues to enact new rules affecting employee benefits. The following new laws and regulations require changes to most employers’ plans:
Doctors often need to refer their patients for diagnostic tests, such as x-rays, magnetic resonance imaging, known as MRIs or magnets, or computed tomography, know as CTs, before the doctor recomme
One of the most important functions computers perform for modern day business is the storage of information, and virtually every organization or company regardless of its size uses computers to con
It is now clear that, under Maryland law, checks drawn to more than one payee, listed in stacked format, with no grammatical connector, punctuation, or symbol indicating their relationship, are pro
The Medicare Prescription Drug, Improvement, and Modernization Act of 2003 makes sweeping changes to the Medicare Program, including phasing in a prescription drug benefit over the next two years.
Recent medical malpractice reform initiatives in Maryland have targeted certain high cost issues, such as lowering Maryland's existing cap on awards for pain and suffering. Although these "re
Play or Pay in California: Did you know that California recently passed a law that will tax businesses with fifty or more employees if the businesses do not provide health coverage