2019 | Albin, Randall and Bennett

FASB Proposes Extended Effective Dates for Private Companies and Nonprofits

Yesterday the Financial Accounting Standards Board (FASB) issued a proposed Accounting Standards Update that changes the effective date for certain new accounting standards. Private companies and nonprofits will benefit from the additional time to evaluate and implement the new lease, expected credit loss (CECL), and hedge accounting standards. The following are the proposed new effective dates: Leases- years beginning after December

Read More...

ARB Reveals New Brand Identity

FOR IMMEDIATE RELEASE The partners at Albin, Randall and Bennett (ARB) are proud to unveil a new brand identity for the firm. The refreshed brand includes a new tagline: “National Savvy. Local Sensibility.” as well as a new logo, color palette, and a new website. We would also like to announce our membership with CPAmerica,

Read More...

How much will your business lose to fraud this year?

If you don’t have good internal controls, your business could lose a lot. According to the Association of Certified Fraud Examiners (ACFE) 2018 Report to Nations, internal control weaknesses were responsible for 42% of fraud in small businesses (fewer than 100 employees), and these businesses suffered a median loss of $200,000 per fraud scheme —

Read More...
X