Johnsonlambert.com
Employee Benefit Plans Johnson Lambert
WebWe audit 75+ employee benefit plans, including 401 (k) plans, 403 (b) plans, 401 (a) plans, pension plans, and health and welfare plans. Our client base consists of plans with assets from $500,000 to in excess of $3 billion. We also perform audits that fall under PCAOB standards for 11-K filers. Our employee benefit plan team specializes in
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URL: https://www.johnsonlambert.com/industries/employee-benefit-plan-audit/
Johnson Lambert Navigating Mental Health in the Workplace
WebMental health in the workplace is important now more than ever. Join Dennis P. Stolle, JD, PhD, from the American Psychological Association (APA) and Paul Preziotti from Johnson Lambert for a webinar that will discuss the results of APA’s recently completed 2023 Work in America Survey. Topics covered include how to identify and prevent toxic workplaces, …
Insurance Audit Firm Insurance CPA Firm Johnson Lambert
WebJohnson Lambert has been serving the insurance industry since the inception of our firm. We understand the dynamic business environment in which insurance companies operate and the regulations to which they are subject. Our practice and service offerings have grown over the years to meet the needs of this ever-evolving industry.
NAIC Adopts INT 23-01, a Temporary Accounting Change for Net …
WebIn the Summer 2023 meeting, the National Association of Insurance Commissioners (NAIC) voted to adopt INT 23-01 Net Negative (Disallowed) Interest Maintenance Reserve for life insurance companies as developed by the Statutory Accounting Principles Working Group (SAPWG).. The Interest Maintenance Reserve (IMR), as defined in SSAP No. 7—Asset …
Insurance Auditing Tax & Advisory Services Johnson Lambert
WebInvested in Your Success. The insurance industry is built on risk and return. Johnson Lambert provides audit, tax, and consulting services to 500+ insurance clients, giving them the information needed to make critical business decisions to better monitor their risk and return. Industry involvement is important to us and the clients we serve.
Claims Development Schedules – What Should You Know
Web10-year revenue and claims development schedules by line of business included in audited financial statements as required supplemental schedules. Schedule P contains revenue, claims incurred, paid and ending reserves by line of business. Beginning in 2017, you must include claims development, paid and other information within your audited
Demystifying Premium Deficiency Reserves Johnson Lambert LLP
WebAugust 21, 2013. Demystifying Premium Deficiency Reserves. The terminology and recognition of premium deficiencies have become increasingly familiar to insurance companies in recent years. This is largely the result of soft market conditions which have motivated many companies to maintain premium pricing while incurring consistent or …
Risk Pool Auditing & Advisory Services Johnson Lambert
WebJohnson Lambert has developed a practice specifically focused on providing risk pool auditing and advisory services. Knowing the ins and outs of governmental accounting and auditing standards is crucial to smooth engagements. With years of hands-on expertise in public entity pools, you can count on Johnson Lambert to deliver cost-efficient
Audit and Assurance Services
WebWe provide audit and assurance services for insurance companies of all types: commercial insurers (property & casualty, life, and health), captive insurance companies, risk retention groups, and public entity risk pools. We work with MGAs, start-up insurance companies, insurtech entities, and both public and private insurance entities.
New Word on Preferred Stock Treatment Johnson Lambert LLP
WebNew Word on Preferred Stock Treatment. One of the anticipated changes stemming from the NAIC’s Investment Classification Project took effect for statutory filers on January 1, 2021, with early adoption permitted for 2020 reporting periods. The accounting guidance for preferred stock was revised to more closely resemble U.S. GAAP.
A Guide to Tax Considerations for Captive Managers
WebA captive insurance company is a separately formed entity created to provide risk mitigation services to a company or a group of companies. The purpose of an insurance captive is to generate revenue and to pay losses while affording greater control over risk financing and losses that may occur. A captive must be licensed as an insurance …
NAIC 2021 Highlights – Year in Review Johnson Lambert LLP
WebJohnson Lambert LLP is dedicated to keeping you informed of changes adopted by the NAIC within the Statutory Accounting Principles (E) Working Group that will impact your 2021 statutory basis financial statements and other significant NAIC activities related to technology and artificial intelligence, reinsurance and climate change. Ref #.
a Mental Wellness Break
WebAt Johnson Lambert, we prioritize mental health and wellbeing. We understand that when our team members have good mental health support, they are able to bring their best selves to work. Having strong health and wellness practices must include reminding […]
Why JL Johnson Lambert LLP
WebCulture defines the Johnson Lambert experience and guides how we treat each other and our clients. As culture is the lifeblood of any successful organization, Johnson Lambert is intentional about preserving the culture that has carried our firm thus far while being mindful of culture being a living, breathing thing which is ever evolving.
NAIC 2022 Highlights – Year in Review Johnson Lambert LLP
WebJohnson Lambert LLP is dedicated to keeping you informed of changes adopted by the NAIC within the Statutory Accounting Principles (E) Working Group that will impact your 2022 statutory basis financial statements and other significant NAIC activities related to group capital calculations, reinsurance and emerging group solvency issues. Ref #.
The Road to Simpler EBP Disclosures Johnson Lambert LLP
WebParts I and II are applied retrospectively, and Part III prospectively. Johnson Lambert recently presented Navigating the Road to Simpler EBP Disclosures, which dug deeper into the complexity and applicability of these ASUs for EBPs. If you weren’t able to attend the live webinar, we encourage you to view it.
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