Join leaders from RSM’s financial institutions practice on this webcast for a year-end accounting and tax issues update.
Join leaders from RSM’s financial institutions practice on this webcast for a year-end accounting and tax issues update.
An updated AICPA guide addresses the unique aspects of the preparation and auditing of financial institution financial statements.
After a quiet period set off by the coronavirus pandemic, private equity deal activity in the United States surged through mid-November
An improved customer claim journey can unlock a competitive advantage for insurers and win new business. Learn how here.
Biden’s victory will inevitably lead to changes at the top of key regulatory agencies, which will help him push his regulatory agenda.
Middle market consumer loan companies and loan servicers will most likely face a dramatically different regulatory environment.
With Biden’s big-ticket items such as tax changes almost certainly off the table, the focus of banking will shift to regulation.
Cayman Islands just launched its new DITC portal and extended the due date for filing FATCA and CRS reports to Dec. 16, 2020.
Final section 864(c)(8) regulations clarify rules for foreign partners with ECI from transfers of partnership interests.
With the election approaching, RSM is looking at the economic stakes and the key issues for capital markets.
With the election approaching, RSM is looking at the economic stakes and the key issues for the banking industry.
With the election approaching, RSM is looking at the economic stakes and the key issues for the consumer products industry.
Lenders in specialty finance face a wave of delinquencies as the pandemic continues to take its toll. How can lenders blunt the impact?
GP stakes investments—wherein investors acquire a minority interest in asset managers’ firms—continue to attract interest.
From raising capital to transitioning to a fund, this three-part series provides everything you need to know about independent sponsors.
IRS has issued two campaigns for Life Insurers and issues regulations on the calculation of life insurance reserves under section 807(d).
Hedge fund managers face a challenging environment as they pursue risk-adjusted returns. A key will be to hedge against volatility.
RSM is pleased to offer a three-part webcast series exploring how family offices can take a holistic approach to technology ecosystems.
A chief financial officer at a privately held auto financing company discusses his firm’s efforts in digital transformation.
Changing regulations and a digital shift have led to profound changes in the way specialty finance companies interact with consumers.
Recently, actively managed funds have outperformed passively managed. Is this a cyclical pattern or is active investing the new normal?
The shift to remote work has exposed the financial services industry cybersecurity programs to new compliance risks. Do you know yours?
The IASB’s recent amendments address the transition to alternative interest rate benchmarks as a result of benchmark reform.
Join RSM and Ravinia Capital on September 10 to review the outlook for acquisitions, lending and distressed deal activity.
We have updated our white paper, which provides an overview of lessor accounting under ASC 842 for financial institutions.
IRS releases a statement announcing that the application period for the CAP program is now open to qualifying corporations for 2021.
Our summary highlights several regulations affecting broker-dealers that recently have been issued or updated.
The U.S. Department of Labor has issued necessary regulations for service providers that want to offer PEP arrangements to their clients.
The IRS updated taxpayers on its operations status and recognized the delays in processing check payments due on July 15, 2020.
This webcast will discuss carried interest regulations and what the proposed rules mean for investment fund managers.
What makes the shift from Libor challenging is how deep and interwoven it is in every corner of the financial services industry.
This alternative form of investing in the private funds industry bets on the success and growth of an asset manager’s investment firm.
Proposed carried interest regulations are mostly as expected with a few new items and detailed computational rules.
Data-driven economic insights and outlooks for a variety of family offices provided by RSM US LLP senior analysts.
How can financial institutions meet the challenge of the rapidly changing digital landscape? RSM surveyed executives for their insights.
Understand financial indicators and red flags of COVID-19 fraud schemes to protect your institution and customer base.
Boards should ensure all key players have the time and information to perform their financial reporting oversight responsibilities.
Changes to NOL rules under the TCJA and CARES Act are implemented for consolidated corporate groups under new proposed regulations.
DOL proposes prohibited transaction exemption for Financial Institutions and Investment Professionals providing advice to participants.
RSM can help financial service organizations stay ahead of regulatory and technology changes by creating more efficient AML programs.
RSM is pleased to provide a series of webcast discussions that will drill into the operational planning perspective family offices now face.
Use of subscription lines has long been a feature of private equity, but a marked increased triggers calls for enhanced disclosure.
In the midst of pandemic and social unrest, companies can make lasting change. This commitment is facing perhaps its greatest test yet.
RSM brings insights to financial institutions on the Main Street Lending Program and the Paycheck Protection Program.
The recent IRS Notice provides relief in the form of flexibility for investment timing and testing periods for QOFs and their investors.
Coronavirus: Paycheck Protection Program forgiveness digital automation solutions designed for financial institutions.
Open banking is a regulatory framework that guides how financial institutions create, share and access consumer financial data.
Here are five lasting changes for private equity firms that will follow COVID-19 and how deal-making will go on—it just may look different.
Investigations conducted by Swedish and Estonian authorities identify significant deficiencies in AML operations of Swedbank.
Examination manual updates are designed to help institutions measure the adequacy of BSA/AML compliance programs.
Consumer Financial Protection Bureau is amending Regulation C to increase the threshold for reporting data about closed-end mortgage loans.
On the heels of a financial crisis, Fed removes withdrawal limits completely to ease customers’ access to their funds
As the Main Street Lending program rolls out, family offices that are eligible must consider pitfalls of borrowing one.
Portfolio managers of investment companies are considering the impact of COVID-19 and economic conditions on their March 2020 valuations.
Since the World Health Organization declared COVID-19 a global pandemic, scammers are taking advantage of financial institutions.
The CARES Act includes beneficial tax relief. Coupled with sophisticated planning, now is the time to revisit your individual tax strategy.
The U.S., Cayman, and other jurisdictions extend deadlines for filing FATCA and CRS reports, but exams and compliance programs continue.
Securities and Exchange Commission has provided some relief to regulated investment companies, but Internal Revenue Service has yet to act.
The decision may impact sourcing positions taken by the financial service industry for New York State and New York City tax purposes.
Taxpayers should contact their tax professionals to proactively discuss documentation needed to withstand IRS scrutiny.
Corporate taxpayers filing a consolidated return have an added layer of rules to navigate when carrying back a net operating loss.
The five-year carryback rule applies to insurance companies, both life and non-life, although both categories are singled out in the Act.
The IRS provided long-awaited guidance for taxpayers anxious to take advantage of the NOL provisions in the CARES Act.
Recent guidance provides that certain deadlines, including the allowable time to invest in a QOF, are now extended because of COVID-19.
The IRS issued guidance extending the time for taxpayers to file certain Form 3115s and Form 1128s to July 15, 2020.
As businesses renegotiate debts in the aftermath of COVID-19, it is critical to understand whether the debt is considered publicly traded.
State tax cash-flow maximization and risk minimization are available for private equity groups and their portfolio companies.
Delaware notices advise companies to either participate in the state’s unclaimed property VDA Program or be subject to an audit.
The $349 billion Paycheck Protection Program is meant to give relief to small businesses and encourage them to keep employees on payroll.
As companies seek sources of financial relief from coronavirus pandemic, learn these key considerations in claiming business losses.
RSM enabled First Federal Credit Union to concentrate on its core business with a modern, efficient and secure managed IT services platform.
Financial services businesses providing software and services to Illinois customers may have multiple transaction tax obligations.
As the human and economic toll of coronavirus mounts, no sector of the economy has been immune from a downturn, including family offices.
An interagency policy statement has been issued in response to the issuance of FASB Accounting Standards Update 2016-13
U.S. investment funds, banks and other FIs with foreign investors may need to remediate volumes of tax withholding certificates.
RSM’s digital transformation survey offers key insight into how bank executives are approaching digital transformation.
Attend our happy hour with fellow private equity, venture capital and other financial service professionals.
Join leaders from RSM’s asset management practice for an overview of the pressing accounting and tax issues you need to know about now.
If adopted, the accredited investor definition will be a test family office investors will need to pass before investing in private markets.
Department issued compliance alert explains the sales and use tax collection responsibilities for marketplace facilitators and sellers.
Recent regulatory violations and concerns should lead financial institutions to be proactive in reviewing flood insurance policies.
Risk Consulting Director Cameron Jones provides personal reflection and repertoire from the trenches of 24+ years of financial crime work.
In the wake of a tech giant’s violations, the importance and impact of a sanctions screening program for nonbanks should be overlooked
Join leaders from RSM’s banking practice for an overview of findings from our recent digital transformation survey.
Fund management companies face difficult challenges in determining their state income tax filing obligations and apportionment rules.
Corporate income tax regulations provide procedures for pass-through entities to elect to be taxed as C corporations.
Holders of IRAs may need to withhold 10% federal tax and file Form 1099-R when escheating certain IRA distributions.
Learn about the tax opportunities and challenges facing private equity and hedge fund owners which should be revisited in 2020.
Illicit Cash Act, Sanctions and Artificial Intelligence are among RSM's key takeaways from the ABA financial Crimes conference.
Learn more about the current expected credit loss standard, the London Interbank Offered Rate transition and tax reform.
New tax laws and industry trends create planning opportunities for fund owners and management firms in the year ahead.
Some hedge fund managers are making the move to restructure their wealth as a family office; however, there are key areas to consider.
The Michigan Department of Treasury issued a letter ruling detailing the sales tax treatment of various information services.
Favorable rule for corporate stock acquisitions where life insurance contracts are less than 50 percent of the target corporation’s assets.
FASB votes to defer the effective dates of leases, CECL and hedging for certain entities and insurance for all entities.
A panel of private equity deal experts address Q3 deal activity and share thoughts on investment opportunities in financial services.
Ensure all of your OFAC framework meets sanctions and compliance expectations. Use these 5 tips to streamline the process.
Financial institutions have invested a significant amount of time and resources into developing their cybersecurity resiliency.
Overcoming labor challenges while addressing emerging risks such as cybersecurity for midsized financial institutions.
Information about the LIBOR phase out, identification of replacement rates and resultant operational and accounting considerations.
How reducing client cyber-risks can strengthen bank operations. Financial institutions have an uphill climb when it comes to cybersecurity.
This infographic provides the key take-aways from the 2019 Trends in Business Development Companies event hosted by RSM, Nasdaq and SBIA.
A recent FDIC rule addresses the reporting requirements related to risk-based capital ratios for certain community banks.
RSM’s comprehensive, scalable managed services solution helps Bridgeway Capital Management leverage technology as a strategic resource.
From taxation complexity to understanding cyberthreats, what are today’s top five concerns for family offices?
Join leaders from RSM and MoFo as we engage in a discussion about OFAC's newly released framework for compliance.
Financial institutions are finding themselves in difficult position as their customers become targets of business takeover attacks.
The amount of wealth managed by family offices continues to grow as more families sell out their founding businesses.
The IRS has issued three revenue procedures in the last 30 days to provide guidance to streamline tax accounting method changes.
If finalized, a recent FASB proposal would defer the effective dates for certain of its guidance for certain entities.
Join RSM for the Financial Institutions Forum, a full-day CPE conference focused on financial institutions issues on Thursday, Aug. 8, 2019
FASB decides to propose deferring the effective dates for leases, credit losses, hedging and insurance for certain entities.
The SEC recently issued a clarification to the single issuer exemption for broker-dealers, which is effective August 13, 2019.
We recently updated our hedging guide for the clarifications made by FASB Accounting Standards Update 2019-04.
Join your peers for a content-rich panel and networking cocktail reception on an outdoor terrace overlooking Times Square!
What broker-dealers need to know about the extension of time to implement amendments that the SEC approved to Rule 606 of NMS?
What should broker-dealers and investment advisers know ahead of SEC examinations of Regulatory S-P privacy notices and safeguard policies?
Everything you need to know about FINRA's recent suspicions activity monitoring and reporting under Rule 3310
FinCEN penalized a cryptocurrency exchanger; review the violations and determine if your institution is prepared for cryptocurrency risks.
RSM will discuss the issues that have plagued the CDD regulation and how banks and credit unions have adjusted to ensure compliance.
Compare your anti-money laundering program to that of your peers with RSM's best practice and benchmarking report
Access RSM's latest research on how financial institutions are responding to anti-money laundering (AML) program requirements.
How is your fund doing driving its ESG strategy? Attend this complimentary webcast on April 10 to find out more.
Is your company ready for an IPO? Attend this webcast for accounting, tax and financial reporting perspective.
Learn how cyberthreat intelligence will provide financial institutions with a deeper understanding of potential threats.
Join RSM’s financial institutions technology consultants, and learn best practices to address technology risks and challenges.
Digital assets like cryptocurrencies are a new asset class with a volatility and global availability that excite the investment community.
Technology leaders are charged with aligning bank infrastructure to adapt quickly to continual industry and organizational changes.
Wearable tech’s transformative power promotes healthy lifestyles, lowers insurance coverage spending and increases employee engagement.
Many funds have relied on the current value method for valuing their portfolios, but the new AICPA guidance may challenge that approach.
Insurance companies that issue or underwrite covered products are held responsible for compliance with anti-money laundering regulations.
Join our complimentary webcast on Feb. 19. to craft a successful fintech partnership and avoid disappointment.
On Friday, January 29, 2019, the Treasury Department and the IRS issued proposed regulation section 1.199A-3(d)
Infographic examines five key risk areas banks should address when acquiring or partnering with fintech companies or third parties.
Planning is essential when it comes to partnering with or acquiring fintech services. Tips for financial institutions to consider
Three important questions every community bank CEO should consider when competing or partnering with fintechs.
Participants at our 10th Annual RSM New York Investment Industry Summit gained insights on new opportunity zone tax incentives
Our white paper explains when a financial institution is covered by FDICIA, its key provisions and the key components of FDICIA readiness.
For the financial services industry, rising interest rates call into question how investors will deploy capital in 2019.
Join RSM for for an overview of today’s pressing accounting and tax issues your financial institution needs to know now.
A white paper about how asset managers may be affected by the new revenue recognition guidance in ASC 606 and cost guidance in ASC 340-40.
Cybersecurity continues to be a top concern as managers deal with the cloud, cyber insurance policy, SEC scrutiny and third-party risks.
Financial institutions may benefit from entering into collaborative agreements to share Bank Secrecy Act resources.
Co-investment has long been a feature of private equity buyout transactions and lately has been increasing in popularity.
Learn what private equity/venture capital funds, investment companies need to know about accounting and valuation of portfolio companies.
Learn about the importance of asset and third-party management, cybersecurity talent shortage concerns and how we must view cyberattackers.
Join RSM to learn how implementing Auditor Assistant can help you to be a strategic partner to your audit committee.
Our industry insider shares the impact of cyberthreats, blockchain and what’s in store for future financial services organizations.
In a Q/A format, get insights on the impact of fintech in financial services and what it means for the future.
Legacy financial services must respond to fintech rivals by understanding advantages, planning acquisitions or mimicking services.
RSM professionals recently responded to attendee questions after a webcast discussing the NAIC Data Security Model Law.
While blockchain is currently one of the most-hyped technologies, there are important issues to consider before implementation.
Learn about the Financial Accounting Standards Board update addressing stranded tax effects for insurance companies.
The newly enacted omnibus spending bill brings both opportunity and uncertainty for business development companies. Learn why.
With a maturing business development company (BDC) sector, the competition for investor attention and capital is mounting.
FINRA provides a regulatory notice to members and affiliates urging disclosure of activities related to the digital asset marketplace.
Join RSM on Wednesday, July 11 as we discuss a broader array of concerns affecting financial services organizations.
Learn more about the effects of the Tax Cuts and Jobs Act on individual taxpayers and other non-corporate investors in private BDCs.
Understand what makes your anti-money laundering (AML) system a beautiful model in the eyes of your regulator.
Along with robust due diligence, a compliance management program is essential to stay on top of emerging correspondent banking risks.
RSM explains what the NAIC Insurance Data Security Model Law means and how your organization can take steps to prepare early.
Market volatility may not signal a slowdown. RSM expects to see a series of positive economic events, triggering higher bond prices.
Technology is driving a wave of disruption. Learn how technology is reshaping the way financial services are being delivered and consumed.
Pine Brook CEO Howard Newman is up close and personal with RSM's Don Lipari to share his thoughts and insights on a wide array of topics.
The U.S. Senate Committee on the Judiciary and U.S. Senate Committee on Banking, Housing and Urban Affairs held hearings on AML and the BSA.
The May 11 deadline to comply with FinCEN’s final rule on customer due diligence is rapidly approaching. Will you be ready?
How will the new Financial Accounting Standards Board credit losses affect insurers? Primarily, the provisions require new disclosures.
Learn key insights affecting insurance companies related to enterprise risk management and the Own Risk and Solvency Assessment process.
Learn how the recent tax reform affects executives, founders and general partners of alternative investment fund structures.
Join us for the webcast on Feb. 13 to learn how you can transform you finance department with today’s best practices.
Learn how RSM’s technical and financial services industry knowledge helped a BDC navigate their valuation prior to listing on the NASDAQ.
An article with information about interagency guidance issued by banking regulators related to the Tax Cuts and Jobs Act.
Financial institutions must consider multiple factors to determine when they should consider moving their IT infrastructure to the cloud.
Learn how RSM helped a bank perform due diligence and valuation during a major acquisition, and manage IT and telecommunications challenges.
FI Connect, built on Microsoft SharePoint, improves communications and productivity for community banks and credit unions.
RSM addresses an additional challenge regarding mortgage disclosure regulations and significant changes to HMDA guidelines. Learn more.
Changes to revenue recognition may affect your accounting and reporting processes. Join RSM’s webcast for broker-dealers to learn more.
The regulatory environment and the operational and security risks are vitally important when investing in crpytocurrencies.
Tax reform is top of mind. Private equity funds and general partners face some big changes to the U.S. tax regime in 2018.
From CECL to tax legislation, what do you need to know? Register now for our Nov. 15 webcast for key tax and accounting updates.
Cryptocurrency—What is it and where is it going? How is it being used today? Join us for a webcast on Nov. 9 to find out more.
Staying ahead of the curve on cybersecurity is no easy feat, especially as hacking methods grow ever more insidious.
Cloud technologies continue to evolve and offer more complex solutions. Learn the benefits, philosophies and considerations behind each.
CFPB issues document to give financial institutions examples of HMDA data and reporting as well as factual scenarios.
Obtain detailed results of RSM’s AML Survey during our Sept. 28 webcast, including top trends to benchmark your organization’s AML efforts.
Financial services organizations can increase efficiency by outsourcing technology, internal audit and internal investigation processes.
Those in an oversight role of an insurer’s reinsurance program must be mindful of its evolving nature and risks. Learn key considerations.
Principle-based reserves standards become effective in Jan. 2017. Life insurance companies have work to do to prepare for implementation.
Improving the many functions that reside in the private equity back office. Learn how to make the complex simple.
Board of Governors publishes two lists to help debit card issuers determine eligibility for exemption from Regulation II.
Outsourcing strategies can help companies manage growth and ensure technology readiness while focusing on core business functions.
Taxpayer recognized no gain when its obligation to deliver shares was delayed; application of decision to other contracts may be limited.
A summary of regulatory guidance from FINRA and the SEC and the importance of continually focusing on liquidity risk management procedures.
The OCC issued examination procedures to promote consistency in the examination of banks’ risk management of third-party relationships.
Learn how middle market insurers most evolve to meet changes in everything from customer preferences to service delivery to risk models.
Learn how a survey co-sponsored by RSM and HFMWeek sheds light on how hedge funds globally deal with CRS and FATCA compliance challenges.
Learn what financial institutions need to know to comply with the Common Reporting Standard and the Foreign Account Tax Compliance Act.
Join us on Tuesday, March 28 for a webcast examining risk management strategies designed to help preserve your wealth for future generations.
By effectively tracking and presenting your performance history, you can build a vital competitive edge when competing for new investors.
Join RSM’s experts for a one-hour webcast on February 8 to learn key cybersecurity and capital raising issues for hedge funds in 2017.
The SEC’s Electronic Data Gathering, Analysis and Retrieval (EDGAR) system has been updated to simplify the electronic filing process.
Department of Justice unveils pilot program to increase SCRA enforcement. Learn about the efforts it will support.
Learn the top strategic issues facing financial institutions in 2017, including regulatory, AML, cybersecurity and other concerns.
Learn the tax and policy implications of the 2016 election results for asset managers with RSM’s chief economist, Joe Brusuelas.
Learn how a CIO can help to ensure compliance and increase security and efficiency for a financial institution’s IT environment.
Understand the choices specialty finance companies need to make to comply with CECL’s new approach to measuring and reporting credit losses.
Learn how low and negative yields impact insurance firms in this edition of The Real Economy featuring RSM Chief Economist Joe Brusuelas.
Join RSM to learn the latest on Title 31 anti-money laundering compliance for the gaming industry.
Advance tax planning can maximize shareholder value and help avoid any tax pitfalls or unnecessary marks to your purchase price.
Learn how to improve functional operations that reside in the private equity back office. Insights from experts in the industry.
Carried interest is always a hot topic in partnership taxation. Is change coming and, if so, what might it look like?
BSA and AML ramifications of new customer due diligence requirements for financial institutions.
Understand the risks associated with valuing carried interest transfers.
How RSM helped a joint venture receivables portfolio meet strict accounting and reporting needs through a sophisticated outsourced solution.
Finance and accounting outsourcing decreases costs for transactional and strategic functions while enhancing processes and controls.
The dangers of cybercriminals and how easily they can acquire credit card and personal information if basic cybersecurity measures are ignored.
CFPB releases an outline of a prospective proposal detailing two approaches to eliminate payday loan debt traps.
All regulated financial service entities must address compliance and vendor management guidelines to protect consumers and avoid penalties.
Strategic and accounting issues that first-out and last-out arrangements raise for BDCs making loan transfers.
Let RSM demystify your ORSA stress testing concerns. Learn how to integrate stress testing into your enterprise risk management efforts.
A four-step approach to effective cybersecurity for financial services firm.
Title insurance companies and agents both face new CFPB compliance challenges. RSM offers an efficient and affordable solution.
The enterprise risk management requirements under ORSA are new. Learn how to evaluate your ERM practices and develop an ORSA-compliant program.
Private equity firms acquiring a new business could be held responsible for existing ineffective security strategies and resulting breaches.
An insurance underwriter turned to RSM to investigate suspicious activity related to inconsistent reporting and unexpected operating results.
An overview of accounting issues in insurance business combinations comparing statutory accounting and GAAP treatment.
Time pressures confronting private equity controllers – and how to handle them.
Learn how the details affect price in cash-free, debt-free deals.
A recent court decision may help quantify the level of trading a hedge fund needs in order to establish trade or business status.
McGladrey LLP recently announced that Matt Reynolds has joined the firm as Director of Financial Services, effective Nov. 18.
A plain-English explanation of the accounting for a business combination accompanied by detailed examples, illustrations and checklists.
A summary of how entities in the insurance industry may be affected by the new revenue recognition guidance upon its adoption.
Proactive approach to anti-money laundering enforcement action and remediation from review of program design to investigations
How financial institutions can gain comfort that the internal audit provides appropriate testing of their BSA/AML function and activities.
This resource center provides insightful knowledge, recent developments and practice issues related to the insurance industry.
This guide will help your stakeholders determine if an IPO is the right path for your company by addressing some basic questions.
Cryptocurrencies are a new asset class with a volatility and global availability that excites the investment community.
Gain insights about the latest AML and regulatory compliance updates and how they affect the banking and investment industries.
SEC auditor independence considerations for private equity funds with a registered investment adviser or an initial public offering.
This financial reporting resource center contains articles and related insights on financial services accounting topics.
Buyers considering speciality lenders should focus on allowance for loan losses.
Learn about the new Bank Secrecy Act and anti-money laundering rules that investment advisers will soon be facing.
With an increase in data breaches, organizations are seeing a significant rise in e-check fraud. RSM discusses how to mitigate the risk.
Utilize RSM's credit risk services to help assess your institution credit risk and make informed decisions regarding your credit risk level.
Model risk management and validation to assess your AML program in compliance with detecting and reporting suspicious activity.
CSO had to adjust as dealerships and bankers closed their doors, yet found a way to serve its policyholders, agents and employees.
Horizon is one of the largest public companies in Indiana. Despite the pandemic, this financial institution is focused on growth.
RSM's latest perspectives on the financial services industry: banking, capital markets, fintech, insurance, specialty finance and more.
It is important to select an appropriate PCAOB registered and inspected independent accounting firm to conduct the surprise examination.
A watchful eye on data security and a commitment to systems improvement is the name of the cybersecurity game for financial services.
From fintech to blockchain, learn how technology and innovation are transforming financial services to meet consumer and industry needs.