Financial Reporting Insights
Recognition of deferred tax assets for unrealized losses
Recent IASB guidance clarifies how to account for deferred tax assets related to unrealized losses on debt instruments measured at fair value.
Recent IASB guidance clarifies how to account for deferred tax assets related to unrealized losses on debt instruments measured at fair value.
The FASB recently proposed changes to clarify the Codification and correct unintended application of guidance.
Two recent proposed ASUs address financial reporting by employers related to defined benefit pension and other postretirement benefit plans.
Effective Sept. 1, 2017, registrants will be required to include a hyperlink to each exhibit identified in the exhibit index of filings.
The SEC recently issued a small entity compliance guide for issuers in crowdfunding transactions.
Registrants are reminded that disclosure of tax-related non-GAAP financial measures must comply with the SEC’s requirements.
A recorded version of our 2013 COSO Framework Update webcast, which was presented on May 23, 2013, is now available on our website.
New rules will require disclosure of the engagement partner and other accounting firms that took part in the audit of an issuer.
RSM has issued a comment letter on a proposed auditor reporting standard for employee benefit plans that are subject to ERISA.
RSM International recently published the May 2016 edition of its quarterly publication, which covers global accounting and reporting matters.
The FASB has provided a practical expedient for the measurement date of an employer’s defined benefit obligation and plan assets.
RSM International recently published the April 2015 edition of its quarterly publication, which covers global accounting and reporting developments.
RSM International recently published the January 2016 edition of its quarterly publication that covers global accounting and reporting matters.
Recently issued SAB 117 states that SAB Topic 5.M no longer is applicable upon a registrant’s adoption of FASB ASC 321.
Audit committees are encouraged to comment on recent concept releases by the SEC and PCAOB.
RSM International recently published the July 2015 edition of its quarterly publication, which covers global accounting and reporting matters.
On October 23, the SEC approved the Public Company Accounting Oversight Board’s new auditor reporting standard.
Sara Lord, National Director of Audit for RSM US LLP, recently was appointed to the AICPA Auditing Standards Board.
A recent interim final rule expressly allows registrants to provide a summary of business and financial information in Form 10-K.
The SEC now will permit nonpublic review of draft registration statements relating to initial public offerings.