Industry FocusOur firm has specialization in serving companies in a number of key industries including insurance, nonprofits, construction, manufacturing, SEC registered companies and professional athletes. Learn more about JLK Rosenberger and discover why so many across California and Texas have entrusted us with their audit, tax, consulting and business advisory needs.
News & Updates
Tax Reform – How Will It Impact Your Business?
Earlier this week the Trump Administration along with House Republicans published the Tax Cuts and Jobs Act. This legislation is based on the tax reform framework issued by the White House in September and focuses on delivering significant reform to the tax system.
Key Trends in the California Construction Industry
It’s a basic human instinct to compare how one person or business differs from another. While this can sometimes be competitive in nature, it can also be a useful tool in understanding where opportunities for growth and change exist.
“It’s Not You, It’s Me” (aka Commutation)
The early termination of a reinsurance contract is known as commutation. It releases the reinsurer of its present and future obligations under the original reinsurance agreement for a negotiated consideration as a complete and final settlement. Why commute and how … Continued
Short Duration Contract Enhanced Disclosure Examples
ASU 2015-09 is about enhanced disclosure, and while it lays out certain requirements for presentation and provides examples of what the disclosure might look like, it also leaves a high degree of discretion to insurers to determine how and what information best meets with the spirit and intent of the standard. By now you know ASU 2015-09 requires disclosure of development data for short duration contracts.