As the full implementation of the Affordable Care Act (ACA) gets closer, CFOs are taking upon a stronger role with those they are responsible for, recognizing that this new law directly impacts human resources, finance, internal audit and tax. Many CFOs are estimating that it may take up to 18 months to budget, plan and implement compliance-driven changes. With open enrollment starting in October 2013, understanding the basic terms of the ACA must be at the forefront of every CFO’s agenda.
- See more at: 5 Terms Every CFO Should Know
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