Search Result
30 Apr 2020
Proposed Regulations on Separate Reporting of UBI Released
The Department of the Treasury and the Internal Revenue Service (IRS) issued proposed regulations on Friday, April 24, which provide additional guidance on the separate reporting and calculation of income from unrelated trades or businesses under Section 512(a)(6), as enacted […]
13 Jan 2026
Last modified: June 29, 2021 Table of Contents Introduction What Information Johnson Lambert Collects about You How Johnson Lambert Collects Information How Johnson Lambert Uses Personal Data How Johnson Lambert Shares Personal Data How Johnson Lambert Secures Personal Data Accessing […]
20 Jan 2017
Presentation of Restricted Cash in the Statement of Cash Flows
In its ongoing effort to reduce diversity in practice, the FASB issued an Accounting Standards Update (ASU) that addresses the presentation of restricted cash and restricted cash equivalents in the statement of cash flows and the related disclosures in the […]
08 Oct 2020
Considerations for Nonpayment and Premium Receivable Valuation and Admissibility During the COVID-19 pandemic, policyholders may be experiencing an unprecedented financial hardship and unable to pay their insurance premiums in a timely manner. To provide relief to policyholders, certain state insurance […]
06 Sep 2017
Premium Amortization Shortened on Callable Debt Securities
If your investment portfolio includes certain callable debt securities held at a premium, take notice! A change is coming to your investment accounting procedures. The FASB issued guidance that requires updates to the amortization parameters for certain callable debt securities […]
16 Nov 2023
Practical Methods for Management to Evaluate Actuarial Loss Reserves
The American Institute of Certified Public Accountants (AICPA) released Statements on Auditing Standards (SAS) updates applicable to audits of financial statements for periods ending on or after December 15, 2023, including but not limited to: This white paper, co-authored by […]
01 Jul 2020
Paul Preziotti Elected to FAR 2020-2021 Board of Directors
Partner Paul Preziotti has been elected to the FAR (formerly the Finance & Administration Roundtable) Board of Directors, effective July 1, 2020. FAR is the Washington, DC area’s only association dedicated exclusively to not-for-profit business leaders. Johnson Lambert has long […]