Lutz adds Courtney Smith to Omaha Office

Lutz, a Nebraska-based business solutions firm, welcomes Courtney Smith to the Omaha office as a human resources assistant.

Courtney is primarily responsible for coordinating the orientation and onboarding processes for new employees. In addition, she will assist with employee retention efforts, campus recruiting, and various administrative duties as needed.

Graduating from the University of Nebraska – Omaha, Courtney received her Bachelor’s degree in Communication and is anticipating the completion of her human resources certificate program in the spring of 2019.


Have You Started Implementing the New Lease Standard?

Many companies are running behind schedule in terms of implementing the updated accounting standard on leases. It goes into effect in 2019 for public companies and 2020 for private ones. This article explains why many companies are feeling flustered by 1) the unexpected volume of information needed to comply with the changes, 2) the lack of automated software options, and 3) ongoing revisions by the FASB…

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Reporting for Business Segments

The FASB is looking for public companies to participate in its study about the prospects of improving the guidance for aggregating business segments and the reportable segments process. This article explains investors’ concerns about the existing guidance and highlights two possible alternatives the FASB is considering to address these concerns…

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Loan Losses: It’s Time to Sync the FASB and SEC Guidance

SEC officials plan to update the interpretive guidance for estimating loan loss allowances to reflect the FASB’s updated credit loss standard, which goes into effect in 2020. The credit loss standard overhauls how banks and other financial businesses estimate the losses they expect to feel on souring loans and other financial products. This article explains what’s changing…

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