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Insight Article

FASB issues final standard on credit losses

On June 16, 2016, the FASB issued its long-awaited new standard on credit losses, namely Accounting Standards Update (ASU) 2016-13, <i>Financial ...

Insight Article

New revenue recognition guidance is looming

Even though the tax rules have not changed, a change in book recognition could create a change in the tax method of accounting.

  • Wood, Christian
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CECL Resource Center

FASB’s new CECL standard is a major compliance challenge for financial institutions. RSM’s CECL Resource Center will help you prepare.