Blog | Albin Randall & Bennett
Recent Articles
Pursuing Trends vs. Using Fundamentals
Differentiating your business is an important element of growing it successfully. But how should you draw the line between pursuing the newest trends and sticking
What Should You Do with a Stalled Project?
Originally published in On-Site, ARB’s Construction Industry newsletter. Stalled construction jobs are far from unusual. Earlier this year, software developer ConstructConnect’s Project Stress Index indicated
Fine-Tune Your Financial Clarity with Benchmarking Studies
Originally published in Manufacturer, ARB’s Manufacturing Industry newsletter. Behind every manufacturing company’s production is a complex financial engine. Understanding that engine is critical for your
The Evolution of BIM: What Contractors Need to Know
Originally published in On-Site, ARB’s Construction Industry newsletter. Building information modeling (BIM) has been around for a while. Yet the concept and software continue to
Don’t Be a Pest: Exiting with Grace
Letting go of the business you own may be one of the hardest things you’ll ever have to do. A key goal of Exit Planning
OBBB Trump Accounts: Building a Financial Head Start for Children
Trump Accounts, created under the One Big Beautiful Bill (OBBB), offer families a new way to invest in their children’s future. Eligible newborns receive a
Year End Tax Strategies & the New Tax Code: Charitable Giving
Many wealthier taxpayers no longer itemize their deductions and instead are taking the standard deduction for income tax purposes. For 2019 the standard deduction is
FASB Delays Effective Date for CECL
We have been closely following as the complex legislative journey of CECL unfolds. When the CECL method was initially introduced, the Financial Accounting Standards Board
2019 ARB Construction & Real Estate Workshop: Top Takeaways on Revenue Recognition
ARB held its 2019 Construction and Real Estate Workshop on October 24, 2019. “We had several changes affecting the construction and real estate industry to
The Approach of New Auditing Standards for Employee Benefit Plans
Employee benefit plan audits subject to ERISA are in for some changes ahead. In July 2019, the American Institute of Certified Public Accountants’ (AICPA) Accounting
CECL’s Legislative Journey and How Credit Unions Can Prepare
Current Expected Credit Loss (CECL) CECL is an Accounting Standards Update (ASU) introduced by the Financial Accounting Standards Board (FASB) in June 2016. The ASU