August, 2019 | Albin, Randall and Bennett

ARB Named one 2019’s Best Places to Work in Maine

Albin, Randall & Bennett was recently named as one of the 2019 Best Places to Work in Maine. The awards program was created in 2006 and is a project of the Society for Human Resource Management – Maine State Council (MESHRM) and Best Companies Group. Partners endorsing the program include: Mainebiz, the Maine State Chamber of Commerce, the

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Are You Ready for the New Revenue Recognition Standard?

If your company gets revenue from contracts with customers, as construction companies do, you’d better be ready for ASC 606, the new revenue recognition standard issued by the Financial Accounting Standards Board (FASB). That’s because it goes into effect this year for privately held businesses. The principle of the new standard is that a business

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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

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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,

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