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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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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Board Member Education: Statutory and GAAP Audit Reports

TUESDAY, SEPTEMBER 25, 2018 | 2:00 PM ET

During this webinar, we will address several common questions received during presentations of the audited financial statements to audit committees and boards. Why does the statutory opinion language look different in comparison to generally accepted accounting principles (GAAP)? What are the significant differences between statutory accounting and GAAP? Where should I focus my time when reviewing the footnotes of the audited financial statements?

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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.

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Sep 13, 2018

In the words of famous Bostonian Benjamin Franklin, “Never confuse motion with action.” There was no confusion at the NAIC Summer National Meeting in Boston where regulators and interested parties were consistently in action to keep pace with the changing

Aug 6, 2018

A decision recently passed by the New Jersey Tax Court determined that a company incorporated in New Jersey was liable for self-procurement tax based on all of the U.S. premiums paid to its captive insurer. This decision, based on a

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

Sep 6, 2018

Accounting for contributions and grants by nonprofits requires judgment and interpretation of guidance that has led to diversity in practice among similar organizations. To reduce that diversity, assist in evaluating whether a transaction is a contribution (nonreciprocal) or an exchange

Aug 23, 2018

The Treasury Department issued interim guidance covering one of the provisions of the Tax Cuts and Jobs Act (TCJA) with the greatest impact on exempt organizations: the separate reporting of taxable income from unrelated trades or businesses. Under the TCJA,