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Todd Lucas

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Todd Lucas | 3.14.2017

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

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

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
Todd Lucas | 11.17.2016

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

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

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
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Audit, ERISA
Todd Lucas | 7.11.2016

Emerging Task Force Discusses Potential Changes to Master Trust Reporting

In 2015, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update 2015-12 “Plan Accounting: Defined Benefit Pension Plans
Audit, ERISA
Todd Lucas | 3.23.2016

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

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

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

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
Todd Lucas | 12.28.2015

The Private Company Council Makes It Easier to Adopt GAAP Alternatives

Back in 2014, the Private Company Council (PCC) issued four standards that private companies could use as accounting alternatives to existing accounting
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Todd Lucas | 12.15.2015

The EBSA Looks to Accelerate Plan Compliance

The Employee Benefit Security Administration (EBSA) recently began sending letters to 1,200 plan sponsors whose 2014 Form 5500 filings did not contain
Todd Lucas | 11.20.2015

Measuring the Impact of the Panama Canal Expansion

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