Insurance

Audit, tax, and consulting services for commercial insurance companies, captives, risk retention groups, and public risk pools.

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Insurance Regulators

Full service financial exams, multi-state coordinated exams, IT reviews, and more for state departments of insurance.

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Nonprofits

Audit, tax compliance, and advisory services for associations, foundations, and other nonprofits.

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Employee Benefit Plans

Audit and tax compliance for 401(k), 403(b), defined benefit, health & welfare, profit sharing plans and more.

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About Johnson Lambert

Johnson Lambert is a niche CPA firm that provides financial audits, tax compliance, information technology consulting, and advisory services to insurance companies, nonprofits, and employee benefit plans. The value we offer clients is deeper than the services we provide: we deliver a unique experience with true passion for the work we do and the people we serve.

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Webinar

2020 Statutory Accounting and Tax Update

THURSDAY, JANUARY 9, 2020 | 2:00 – 3:00 PM ET | COMPLIMENTARY

Join us to get up-to-date on the latest statutory accounting developments impacting the insurance industry. During this webinar, we will highlight relevant NAIC accounting updates and review changes to loss discounting tax rules and the resulting accounting impact.

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What Matters Most: Our Clients + Our People

Our formula for success is based on an innovative culture that attracts, develops, values, and provides outstanding opportunities to our exceptional people. We’re auditors, tax professionals, advisors, and industry experts who truly care about our clients and our work.

Meet the Team

WHAT’S NEW AT JOHNSON LAMBERT

Insurance
Dec 10, 2019

As a result of implementation challenges faced by companies adopting certain major new accounting standards, the FASB issued two Accounting Standards Updates (ASUs) to defer the effective dates of four ASU’s: 2019-09, Financial Services—Insurance: Effective Date 2019-10, Financial Instruments —

Dec 10, 2019

LIBOR, the long-standing interest rate benchmark used in many commercial contracts is expected to be discontinued after year-end 2021. LIBOR is based on the cost of short-term unsecured loans between leading international banks. Its discontinuance is due to the unreliability

Employee Benefit Plans
Apr 30, 2017

More than two years after it began its project, the AICPA Auditing Standards Board (ASB) issued Proposed Statement on Auditing Standards (SAS), Forming an Opinion and Reporting on Financial Statements of Employee Benefit Plans Subject to ERISA. In January 2015,

Apr 30, 2017

Although it intended to simplify and clarify investment disclosures and create more consistent application across entities, the FASB caused some unintended confusion when it issued the following Accounting Standards Updates (ASU): ASU 2015-07 Disclosures for Investments in Certain Entities That

Nonprofits
Oct 17, 2019

After several months of review, the FASB unanimously voted to delay the implementation deadline for the following Accounting Standards Updates (ASUs), which allows additional time for necessary education before undertaking the significant changes that will be required.      

Jul 22, 2019

Financial preparers caught a break on Wednesday, July 17, when FASB voted to have staff recommend new effective dates of four accounting standards: leases, credit losses, hedging, and long-duration insurance contracts. This is welcomed news after many recent challenging updates,