Blog | Albin Randall & Bennett
Recent Articles
FASB Votes on Credit Losses, TDRs & Vintage Disclosures
On February 2, 2022, the Financial Accounting Standards Board (FASB or the Board) issued its tentative decisions on the proposed Accounting Standards Update (ASU), Financial
How Mergers and Acquisitions Affect Buyer/Seller 401(k)s
What would happen to your company’s 401(k) plan if you merged with or acquired another company? It’s a question that’s coming up more and more
NCUA’s 2022 Supervisory Priorities for Credit Unions
The National Credit Union Administration (NCUA) has released its annual letter to credit unions containing supervisory priorities for 2022. While many of the NCUA’s 2022
Why You Should Extend Your Partnership’s Tax Return Each Year
The Bipartisan Budget Act (BBA) of 2015 changed the way partnerships make adjustments to their previously filed tax returns for tax years beginning after December
Safeguards Rule – Updates for Credit Unions & Auto Dealers
As the turn of the year settles, financial institutions should revisit their information security obligations under the Gramm-Leach-Bliley Act Safeguards Rule (Safeguards Rule). The Federal
Using Inventory Cost Management to Improve Profitability
For manufacturers, inventory cost management plays an integral role in successfully maintaining a business strategy that fosters financial growth. When you have an effective overall
R&D Expenditures: Mandatory Capitalization & Amortization
Businesses conduct Research and Development (R&D) to create new products or services, update existing ones, or to develop or enhance processes that will improve operations.
Dealership Year-End Review and Clean-up – It’s not too Late!
The first couple weeks of January can be a blur from the time you step back in the dealership after New Year’s Day to the
The Alternative Fuel Vehicle Refueling Property Credit & Ford’s Ultimatum
Ford Motor Company recently announced an ultimatum to dealers wanting to be electric vehicle dealers: Become certified to sell fully electric vehicles and invest in
Credit Union Industry Trends & How To Combat Their Effects
Economic and credit union industry trends, including inflation and a tough atmosphere for recruiting and retention, have affected credit unions nationwide. When attracting and keeping
Exit Planning: Managing Risks & Protecting Your Assets
For business owners, risk management and asset protection are essential in ensuring both short-term and long-term success, and they are also key elements in succession