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With the stock market reaching all-time highs, dropping unemployment, increased hiring and a strong IPO market, 2015 has already been full of positive indicators for the U.S. economy. At the same time, the constant threat of cyber-attacks, concerns with possible deflation and economic challenges in Europe and South America represent cause for potential concern. This unsettled climate should make for an interesting annual meeting season this spring.
Everyone seems to be talking about being in the cloud these days. In fact, by the end of 2014, businesses in the United States were estimated to spend more than $13 billion on cloud computing and managed hosting services. What is the cloud? Does it make sense for your business? What are the advantages and risks associated with cloud computing?
Should you take your company public? The decision to take your company public will be among the most difficult in your business experience. It is a highly personal decision, requiring an exhaustive analysis of all relevant factors, including the opportunities and drawbacks of a public offering and whether your company is able to fulfill the responsibilities of a public company and the expectations of the market.

The number of private equity platform investments in the government contracting space declined steadily over the last three years, with many generalist firms that were once drawn to the reliability of the industry being deterred by budget volatility and sequestration fears. Exits have been delayed as private equity firms that invested in the industry five or six years ago have waited patiently for conditions to improve.

Recently, BDO Alliance USA released their 2015 Technology Outlook Survey of 100 chief financial officers at U.S. technology companies. This survey found that last year, the technology industry experienced a robust deal environment and a high volume of investments flowing into companies. This positive environment has caused has caused CFOs to remain optimistic about the year ahead. Although CFOs are optimistic, they are cognizant of the factors that could inhibit business growth for 2015.

The AICPA has released guidance regarding use of the recently released, updated mortality tables in computing benefit liabilities for EBPs. This guidance is in the Technical Question and Answer (Technical Q&A) under Section 3700, Pension Obligations, Section 3700.01, Effect of New Mortality Tables on Nongovernmental Employee Benefit Plans (EBPs) and Nongovernmental Entities That Sponsor EBPs (Technical Q&A 3700.01).
On December 16, 2014, the President signed into law the Multiemployer Pension Reform Act of 2014 (MPRA), which was part of the Consolidated and Further Continuing Appropriations Act of 2015. MPRA reflects many of the recommendations that had been specifically suggested by joint business and labor leaders via the National Coordinating Committee for Multiemployer Plans(NCCMP). The MPRA makes sweeping changes to current law governing multiemployer pension plans.
Social Security numbers (SSNs) in employee benefit plans (EBP) are a topic of growing concern for multiple reasons. Employee benefit plans are faced with SSNs that belong to individuals who are deceased, that belong to other individuals, and some that are invalid altogether. In the September 11, 2014 session on Retirement Hot Topics, Internal Revenue Service (IRS) representatives indicated that with over 200 million SSNs issued, approximately 40 million of those numbers are erroneously connected to more than one person.
If your company has achieved success and you are weighing the decision to go public, you’ll need to weigh the pros and cons to determine what is best for your business.
If you are considering going public, you’ll need to first carefully weigh both the advantages and drawbacks of this process. Let’s start by taking a look at six advantages.

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