Accounting for Anticipated LossesGenerally accepted accounting principles or GAAP require the recognition of loss provisions in the period during which the loss becomes evident (Financial Accounting Standards Board Accounting Standards Codification [FASB ASC] 605-35-25-46 // FASB ASC-606-10-65-1)....
This Week's Second Look
Authored by Pete Keener, RRC, RRO, CIT - Department Manager, Building Science Solutions, Intertek, and originally published in the Chamberlin Roofing and Waterproofing Summer 2021 Quarterly Newsletter.This question has been asked for years in the roofing industry when discussing...
Business email compromise (BEC) scams are on the rise. In 2020, the FBI’s Internet Crime Complaint Center (IC3) received 19,369 BEC/Email Account Compromise (EAC) complaints with adjusted losses of over $1.8 billion.This type of fraud poses substantial risk to all types of organizations. Small...
The last decade has brought with it a significant increase in the number of claims stemming from allegations of discrimination or retaliation as a result of mental health conditions. The mental health of employees is an area of the law that will continue to see a significant increase, as well as an...
The Home Depot Foundation announced that it was making a commitment of $50 million to the expansion of its training programs and to training 20,000 skilled craft workers over the next 10 years.This new commitment comes on the heels of their “pilot trades training program” for separating military...
Business leaders met recently at Amegy Bank in Houston for a town hall discussion on the need for immigration reform to alleviate unprecedented labor shortages as the number of open jobs in the US remains at an all-time high. Experts on immigration policy made the case for bipartisan legislation...
The following article was authored by Jackson Lewis P.C. attorneys, Courtney Malveaux, Richard Vitarelli, and Lin Wagner.Workers in the construction industry tend to be older than those in other industries, according to the National Association of Home Builders. The median age of...
Chamberlin Roofing & Waterproofing installed a fully tapered PVC roofing system for Charles Schwab’s new headquarters in Westlake, Texas. The 1.1 million-square-foot campus is spread across 70 acres within Hillwood's Circle T Ranch development. Designed by Corgan, it was built in two phases...
The parking garage at WinStar World Casino is watertight after five years of water infiltration.The WinStar World Casino is a luxury resort destination for entertainment. Originally designed and built in 2011, a 400,000-square-foot, four-level, 1,400-space parking structure is located at the...