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ASU 2017-06: Yet Another Step in Simplifying EBP Reporting

ERISA

By Todd Lucas

The Financial Accounting Standards Board recently issued Accounting Standards Update (ASU) 2017-06, Plan Accounting—Defined Benefit Pension Plans ... read more >

How Can Benchmarking Work for Construction Companies?

Benchmarking can be a very important and powerful tool in managing a business and improving financial and operation performance. We are often asked by ... read more >

Changes to Employee Benefit Plan Auditor's Reports May Be on the Way

ERISA

By Todd Lucas

In January 2015, the Auditing Standards Board (ASB) created the Employee Benefit Plan Task Force (Task Force), whose goal was to improve the quality of ... read more >

Congress Stepping Up to Address Labor Shortage

The shortage of skilled laborers in the construction industry over the last handful of years has been well documented and well discussed. However, with ... read more >

Emerging Task Force Discusses Potential Changes to Master Trust Reporting

Audit|ERISA

By Todd Lucas

In 2015, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update 2015-12 “Plan Accounting: Defined Benefit Pension Plans ... read more >

AICPA Employee Benefit Certification Program: Another Step in Enhancing Audit Quality

Audit|ERISA

By Todd Lucas

Whether you are a plan administrator or CPA who audits employee benefit plans, you realize and understand the complexities and uniqueness that each employee ... read more >

Open Construction Jobs Rise in February, But the News Is Not All Bad

Construction

By Todd Lucas

The shortage in skilled laborers has long been and continues to be a big concern facing the construction industry. While many parts of the country have ... read more >

The Private Company Council Makes It Easier to Adopt GAAP Alternatives

Audit

By Todd Lucas

Back in 2014, the Private Company Council (PCC) issued four standards that private companies could use as accounting alternatives to existing accounting ... read more >

The EBSA Looks to Accelerate Plan Compliance

ERISA

By Todd Lucas

The Employee Benefit Security Administration (EBSA) recently began sending letters to 1,200 plan sponsors whose 2014 Form 5500 filings did not contain ... read more >

Measuring the Impact of the Panama Canal Expansion

Construction

By Todd Lucas

Originally built over 100 years ago, the Panama Canal’s $5.25 billion expansion is nearing its completion. The long-anticipated expansion project ... read more >