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New Employee Benefit Plan Auditing Standard Now Final

Audit|ERISA

By Todd Lucas

After years of debate, deliberation and revision, it appears the Auditing Standards Board (ASB) is finally set to issue Statement on Auditing Standards ... read more >

What Can Be Learned From Early Adopters of ASC 606?

Public companies were required to adopt the new revenue recognition standards by January 1, 2018, while private companies have an extra year (January 1, ... read more >

AICPA's Progress Toward Improving Employee Benefit Plan Audits

Audit|ERISA

By Todd Lucas

In 2014, the AICPA launched an initiative for improving the quality of audits by improving the overall audit process. The process for enhancing audit quality ... read more >

Pittsburgh Helping to Spur Construction Growth in September

Construction

By Todd Lucas

According to a recent report from Dodge Data & Analytics, new U.S. construction starts increased 14% in September from the previous month. A construction ... read more >

Pennsylvania and Ohio: Rust Belt or Green Belt?

Construction

By Todd Lucas

Are the days of Pennsylvania and Ohio being the center of the Rust Belt gone? Well, maybe at least in terms of leading the way in green construction. Early ... read more >

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 >