Lutz Tech Promotes Four

Lutz, a Nebraska-based business solutions firm, has promoted four professionals in the Lutz Tech division.

Matt Hendrock has been promoted to Lab Coordinator. He has over five years of information technology experience. Hendrock ensures all software and hardware is up and running properly by providing installation, configuration, testing, and repairs.

John May has been promoted to the Lutz Tech Project Team. He has over two years of relevant experience. May specializes in project coordination and implementation, network assessments, and technical support for clients.

Dan Mendoza has been promoted to the Lutz Tech Project Team. Mendoza has over four years of IT experience. He provides client network assessments, project coordination, and high-level technical support. Dan specializes in networking and anti-virus protection.

Jessica Murray has been promoted to Account Manager. Murray has over eight years of experience in the technology field. She is a trusted advisor that sees clients through the full sales cycle. Her responsibilities include developing proposals and providing recommendations to clients to assist them in reaching their business goals.


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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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