Bickmore Risk Services and Consulting

BRS expanded its actuarial practice in April 2007 to help state and local governmental agencies nationwide demonstrate compliance with Governmental Accounting Standards Board (GASB) Statements 43 and 45.

BRS also expanded its actuarial practice to help a rapidly growing number of private sector clients demonstrate compliance with the Financial Accounting Standards (FAS) Board Statement 106. Expansion of BRS' actuarial service offerings to include GASB 43/45 and FAS 106 valuation services reflects the firm's ongoing commitment to help public and private sector clients understand and meet today's multitude of governing regulatory demands and retiree healthcare plan accounting standards.

What We Do

GASB Statements 43/45 bring a radical shift in retiree healthcare plan accounting standards — and the way Other Post-Employment Benefits (OPEBs) are accounted for by public employers. The change is from "pay-as-you-go" accounting to "accrual" accounting in the public sector. Built on the foundation of experience, continuous learning and knowledge-sharing, BRS' diverse actuarial team is qualified to assist state and local governmental agencies with GASB Statements 43/45 compliance, and all private sector businesses with FAS Statement 106 compliance.

• Comprehensive GASB 43/45 actuarial valuations and analyses services
• Comprehensive FAS 106 actuarial valuations and analyses services
• Expert knowledge on the timeline and impacts of GASB 43/45 and FAS 106 Statements
• Strategic GASB 43/45 compliance, budgeting, employment relations consulting services
• Strategic FAS 106 compliance, budgeting, employment relations consulting services
• Custom GASB 43/45 and FAS 106 educational materials and webinars
• Ongoing assistance, support and guidance related to all GASB 43/45 decision-making
• Ongoing assistance, support and guidance related to all FAS 106 decision-making

Facilitating Decisions

BRS' GASB 43/45 and FAS 106 services provide the necessary calculations, information, and guidance required to address all GASB 43/45 and FAS 106 management and funding decisions.

Supporting Growth

BRS' GASB 43/45 and FAS 106 services help you develop financial models and 'what-if' scenarios that clearly indicate impact on growth, future borrowing costs, credit ratings — and the overall financial health of your organization.

Contact us today to find out more.