Ideas & Insights

Each quarter, RSM's accounting thought leaders update middle market businesses on recently issued and proposed accounting guidance.

A discussion of the accounting implications when a donor plans to use a donor-advised fund for a promise to give.

Individuals may be eligible for a valuable incentive to reduce federal income tax liability for contributing to a 401(k) plan.

We are boosting the efficiency and quality of audits of the future with artificial intelligence and machine learning, and augmented reality.

We have updated our white paper to discuss the interaction of Subtopic 815-40 with the SEC’s guidance on redeemable securities.

Our article discusses interest capitalization for a mandatorily redeemable financial instrument classified as a liability.

A recent publication provides information about reporting ESG information in SEC submissions and related attestation engagements.

The International Accounting Standards Board has issued narrow-scope amendments to IAS 1, IAS 8 and IFRS Practice Statement 2.

This updated version of our white paper will further assist franchisors in applying the new revenue recognition model in ASC 606.

This webcast offered an executive briefing addressing key financial, regulatory and governance issues for 2021. Learn what we uncovered.

Learn the importance of discussing with a plan advisor how best to customize plan fees based on circumstance and available options.

The SEC recently extended its annual reports filing deadline by 30 days for broker-dealers that meet certain requirements.

The Department of Labor is working on guidance addressing cybersecurity issues as they relate to plan sponsors and third-party providers.

A consequence of COVID-19 reductions is potential partial plan termination. Learn the requirements of a partial plan termination.

With lease accounting compliance deadlines approaching, learn how strategy and technology can align for an effective compliance approach.

FASB votes to finalize a goodwill impairment triggering event alternative for private companies and not-for-profit entities.

The Auditing Standards Board has issued three proposed new standards for quality management at the firm and engagement levels.

The SEC recently cautioned companies regarding necessary offering disclosures during times of extreme price volatility.

The PCAOB recently summarized audit committee insights on auditor communications, new standards and emerging technologies.

A recent ASU addresses the accounting by a private-company franchisor for certain pre-opening services provided to a franchisee.

This webcast will offer an executive briefing addressing key financial, regulatory and governance issues for 2021.

With the uptick of SPAC mergers, this Texas truck electrification business recently went public via a SPAC with the help of RSM.

Join this RSM webcast as our panelists discuss and share their reporting compliance insights amid a shifting HHS timeline.

Our white paper has been updated to reflect recent financial reporting developments resulting from the Coronavirus pandemic.

The Anti-Fraud Collaboration recently analyzed SEC enforcement actions regarding financial statement fraud schemes.

Certain expedients available under ASC 848 may be relevant now to entities that hedge LIBOR-based debt instruments.

Plan sponsor actions to incorporate the provisions of the SECURE and CARES Acts into their plan documents and plan administration.

Once becoming a publicly owned company, the SPAC transaction journey must be undertaken with advanced planning.

Our coronavirus white paper has been updated for financial reporting matters related to the Consolidated Appropriations Act, 2021.

The CAQ has updated its framework for compiling inflation data to assist financial statement preparers in applying ASC 830.

We have updated our hedging guide to refer to certain temporary optional expedients and exceptions included in ASC 848.

The GASB's guidance addressing financial reporting implications of the replacement of interbank offered rates.

The FASB has clarified that certain ASC 848 expedients and exceptions apply to derivatives affected by the discounting transition.

Our article discusses weighting evidence in discerning whether a valuation allowance should be recognized for deferred tax assets.

The American Institute of Certified Public Accountants Audit and Accounting Guide, Gaming, was recently updated.

The SEC recently provided its views about certain disclosures for SPAC IPOs and subsequent business combination transactions.

Potential extension of the financial reporting relief related to TDRs and CECL provided to certain financial institutions in the CARES Act.

FASB proposes a goodwill impairment triggering event alternative for certain private companies and not-for-profit entities.

A recent proposed ASU addresses the accounting for revenue contracts with customers acquired in a business combination.

Join leaders from RSM’s financial institutions practice on this webcast for a year-end accounting and tax issues update.

The new standard on current expected credit losses (CECL) came into effect in 2020 for SEC filers that are not smaller reporting companies

Clarifications have been provided on the interagency statement on loan modifications for customers affected by COVID-19.

An updated AICPA guide addresses the unique aspects of the preparation and auditing of employee benefit plan financial statements.

An updated AICPA guide addresses the unique aspects of the preparation and auditing of financial institution financial statements.

The IASB has proposed amendments to IFRS 16 to clarify the seller-lessee’s accounting for a sale and leaseback transaction.

The GASB recently released a proposed implementation guide to address a wide array of practice issues related to GASB Statements.

We have published a new edition of our guide regarding the accounting for debt modifications, restructurings and exchanges.

A recent SEC rule amends requirements related to MD&A, selected financial data and supplementary financial information.

Join RSM for an update on HHS Provider Relief Fund reporting requirements and compliance implications for the CARES Act.

The FASB will propose an ASU that would provide a goodwill impairment triggering event alternative for certain entities.

Our technical accounting consulting team help tackle your complex accounting needs with dedicated industry professionals.

A PCAOB resource provides information for audit committees about new requirements for auditing estimates and use of specialists.

Recently issued ASU 2020-11 provides an additional year for the implementation of ASU 2018-12 and eases its adoption provisions.

The SEC has provided transitional FAQs in response to questions about amended Regulation S-K Items 101, 103 and 105.

The SEC recently issued a final rule to address difficulties and confusion in applying the exempt offering framework.

A recently released mortality improvement scale should be considered when measuring benefit plan costs and obligations.

The Chief Accountant of the SEC Division of Investment Management recently addressed certain financial reporting matters.

A recent FASB proposal addresses the accounting for modifications or exchanges of certain equity-classified forwards and options.

The FASB recently proposed amendments to address certain issues arising from the adoption of the leases standard.

The FASB recently amended its Codification to reflect certain required financial statement disclosures in SEC Release 33-10762.

Our annual Effective Date Reminder lists pronouncements issued as of Nov. 1, 2020, which became effective on or after Jan. 1, 2020.

A recent FASB ASU makes minor technical corrections and clarifications to the Accounting Standards Codification.

A recent FASB Staff Educational Paper provides an overview of the accounting guidance for common debt modifications and exchanges.

A recent proposed ASU would clarify the scope of ASC 848 with respect to certain transitions in the derivatives market.

Are you managing your endowment funds under the current rules? See how you match up to these common issues in the application of UPMIFA.

Audit committees play a critical role by overseeing and monitoring the financial reporting process for their organizations.

RSM is pleased to offer a webcast on the AICPA’s practice aid on accounting for and auditing of digital assets.

The FDIC recently issued an Interim Final Rule providing temporary relief for Part 363 audit and reporting requirements.

For each reporting period, an entity should reevaluate whether a callable debt security is within the scope of ASC 310-20-35-33.

We have updated our white paper to discuss how MSLP loans should be accounted for by both borrowers and lenders.

Our white paper discusses many relevant matters related to, and the impact of COVID-19 on, goodwill impairment testing.

Our updated white paper discusses ASC 820 fair value measurement disclosures that were and were not affected by ASU 2018-13.

The SEC recently updated certain of its auditor independence requirements to more effectively focus the independence analysis.

The Covid-19 pandemic, economic uncertainty and significant social­ unrest have brought waves of change not seen in more than a century.

Each quarter, RSM's accounting thought leaders update middle market businesses on recently issued and proposed accounting guidance.

The ABA recently addressed the ASC 860 legal isolation criterion for transfers of participating interests in MSLP loans.

Wouldn’t it be nice if we could automate your audit? How many hours have you spent sending reports and notes to your auditors?

Join RSM for a discussion on the board of director’s role in managing enterprise-wide risk while keeping out of management operations.

In this article, we discuss the qualitative assessment of goodwill impairment upon the occurrence of a triggering event.

A recent proposal would simplify how private-company franchisors analyze their performance obligations in accordance with ASC 606.

Constituents recently provided feedback to the FASB regarding issues encountered in the implementation of ASC 842.

The FASB recently issued requirements regarding the presentation and disclosure of contributed nonfinancial assets by nonprofit entities.

The SEC recently updated the statistical disclosure requirements applicable to bank and savings and loan registrants.

Our white paper discusses pandemic-related financial reporting issues, including a lender’s accounting for PPP loans.

The IASB’s recent amendments address the transition to alternative interest rate benchmarks as a result of benchmark reform.

RSM discusses goodwill impairment testing when a reporting unit or an entity has a downward-trending positive carrying amount.

A summary of the guidance entities should apply when undergoing a reorganization under Chapter 11 of the Bankruptcy Code.

We have updated our white paper, which provides an overview of lessor accounting under ASC 842 for financial institutions.

The AICPA has issued answers to accounting questions regarding certain CARES Act provisions specific to health care entities.

The SEC recently issued a final rule, which makes certain modifications to the existing definition of “accredited investor.”

How can corporate boards ensure there is appropriate oversight and that investments are right for their organization?

On August 27, 2020, the SEC issued a final rule that revises Items 101, 103 and 105 of Regulation S-K. Learn more.

Our summary highlights several regulations affecting broker-dealers that recently have been issued or updated.

The OMB recently released the 2020 Compliance Supplement, which is effective for audits of years beginning after June 30, 2019.

The PCC has proposed a practical expedient for determining the current price of a share underlying a share-option award.

An educational webcast to financial institutions of all sizes on LIBOR and proactively managing the transition at your institution.

Join RSM’s webcast to learn more about preparing for a potential federal compliance audit as a result of COVID-19 relief funding.

Join RSM as we discuss the new guidance, as well as questions and considerations entities can expect when engaging a CPA firm for an audit.

The FASB recently addressed the complexity of its guidance for convertible instruments and contracts in an entity’s own equity.

What makes the shift from Libor challenging is how deep and interwoven it is in every corner of the financial services industry.

The Small Business Administration’s new FAQ addresses many issues related to forgiveness of Payroll Protection Program loans.

Our white paper discusses the temporary optional accounting expedients provided by the FASB to ease LIBOR transition.

The PCAOB recently asked audit committee chairs how COVID-19 has affected financial reporting and the audit process.

Temporary optional expedients and exceptions to account for the effects of LIBOR transition (e.g., contract modifications, hedge accounting)

We have updated our U.S. GAAP vs. IFRS comparisons for fair value measurements, government grants and discontinued operations.

The Governmental Accounting Standards Board has added guidance addressing certain COVID-19-related financial reporting issues.

Boards should ensure all key players have the time and information to perform their financial reporting oversight responsibilities.

The IASB has deferred the effective date of Classification of Liabilities as Current or Non-current, which amends IAS 1.

Each quarter, RSM's accounting thought leaders update middle market businesses on recently issued and proposed accounting guidance.

Here are five matters that board members may want to think about prior to their next virtual or socially distant meeting.

We have updated our white paper to address certain recent financial reporting developments related to the coronavirus.

The AICPA has issued Technical Question and Answers regarding certain COVID-19-related lender accounting issues.

GASB Technical Bulletin 2020-1 provides financial reporting guidance for issues related to the CARES Act and COVID-19.

We have published the fourth edition of our publication designed to assist middle market companies in the application of ASC 805.

The FASB recently issued a proposal to delay the effective date and ease the adoption provisions of ASU 2018-12.

A recent Center for Audit Quality publication provides an overview of the role of auditors in company-prepared ESG information.

Among other matters, recently issued GASB Statement No. 97 addresses the accounting and financial reporting for Section 457 plans.

The International Accounting Standards Board recently released several amendments to IFRS 17, Insurance Contracts.

We have updated our white paper to address the accounting by lenders for loans entered into under the Paycheck Protection Program.

We have updated our white paper that discusses estimating the fair value of a noncontrolling interest in a business combination.

The SEC recently provided a cross-Divisional update regarding its targeted regulatory relief related to the COVID-19 pandemic.

Audit committees play a critical role by overseeing and monitoring the financial reporting process for their organizations.

The SEC Chief Accountant recently addressed the continued importance of high-quality financial reporting in light of COVID-19.

What role can the board of directors play in the multifaceted ESG arena? ESG is more than an acronym that stands for a trio of concerns.

In the midst of pandemic and social unrest, companies can make lasting change. This commitment is facing perhaps its greatest test yet.

Businesses can improve operations and reduce costs after adopting the ASC 842, despite the time and effort required to maintain compliance.

The GASB has issued a proposed Technical Bulletin regarding the CARES act and certain outflows related to the coronavirus.

A summary of the guidance entities should apply when evaluating whether there is doubt about ability to continue as a going concern.

The GASB recently issued guidance on the accounting for subscription-based information technology arrangements.

The AICPA recently released guidance regarding the accounting for a loan received under the Paycheck Protection Program.

Understanding what digital assets are will help companies make decisions when digital asset-specific guidance is issued.

Implementing (ASC) 842 will likely require a lease accounting software package. These five topics are key areas for you to consider.

RSM’s approach to implementing new standards differs because we take a practical, hands-on approach; our depth and experience sets us apart.

ASU 2020-05 provides one-year effective date deferrals for certain entities and their adoption of ASC 606 and 842.

The PCAOB recently published information for auditors and audit committees regarding audits involving cryptoassets.

The International Accounting Standards Board recently issued narrow-scope amendments to certain of its standards.

RSM’s National Director of Employee Benefit Plan Services was appointed as chair of the AICPA Employee Benefit Plans Expert Panel.

The SEC recently issued a final rule that amends the financial disclosure requirements for acquired and disposed businesses.

RSM’s white paper has been updated to address the accounting for PPP loans and revolvers with a fluctuating borrowing base.

On May 20, 2020, the FASB approved one-year effective date deferrals for certain entities for ASC 606 and ASC 842.

While ASC 842 will affect leasing activities, technology solutions can help ease the burden that the new standard brings.

Do not delay your GASB 87 lease implementation efforts because of the postponement of the GASB 87 effective date.

In light of the pandemic, the GASB has postponed the effective dates of certain of its Statements and Implementation Guides.

Digital assets present audit and accounting challenges that require re-examining basic considerations within traditional frameworks.

Cybersecurity challenges require an audit committee to communicate with its board about risks and incident response plans.

Get the latest information on GASB standards that could affect your organization, including a detailed focus on the new OPEB standards.

Portfolio managers of investment companies are considering the impact of COVID-19 and economic conditions on their March 2020 valuations.

The accounting for property damage and other losses that an entity has insured itself against any related insurance recoveries.

ASU 2016-18 addresses the classification and presentation of changes in restricted cash in the statement of cash flows.

Data privacy is a differentiating business issue for boards. Awareness and compliance will help mitigate operational and regulatory risks.

SBA staff has stated its position on whether certain loan programs are subject to the Single Audit requirements.

The American Institute of Certified Public Accountants recently issued answers to technical questions for health care entities.

The GASB recently issued Implementation Guide No. 2020-1, which clarifies, explains or elaborates on recent GASB Statements.

The FASB Staff recently issued a Q&A regarding the effects of the COVID-19 pandemic on cash flow hedge accounting.

We have updated our white paper to address additional issues to consider in financial statements affected by the coronavirus.

The GASB has provided accounting guidance for public-private and public-public partnerships and availability payment arrangements.

The IASB recently proposed an amendment to IFRS 16 for the accounting for coronavirus related rent concessions.

To assist entities in determining the appropriate classification of debt, we have issued an updated version of our white paper.

A recent webinar provided information on matters related to the interagency statement on loan modifications and reporting.

Borrowers are taking a look at the factors that led them to classify debt as current or noncurrent when preparing a classified balance sheet

We recently updated our U.S. GAAP vs. International Financial Reporting Standards comparisons on leases and interim reporting.

Due to the coronavirus, the FASB recently proposed a one-year effective date delay for certain entities for ASC 606 and ASC 842.

GASB 87 requirements can challenge government entities. Here are three steps to adopting and implementing the new leasing standard.

RSM audit professionals are leveraging the latest trends in augmented reality and using Microsoft’s HoloLens to enhance audits for clients.

In light of the pandemic, the GASB has proposed to postpone the effective dates of certain Statements and Implementation Guides.

Each quarter, RSM's accounting thought leaders update middle market businesses on recently issued and proposed accounting guidance.

The FASB staff recently discussed answers to certain questions on financial-reporting topics related to the coronavirus pandemic.

The IASB has proposed amendments to address financial reporting issues related to interest rate benchmark reform.

The FDIC recently issued an FAQ, which includes answers to questions addressing COVID-19 financial-reporting-related topics.

A CAQ resource discusses key questions for auditors and audit committees related to the impact of COVID-19 on financial reporting.

The FDIC recently announced changes to the community bank leverage ratio framework to provide temporary relief to community banks.

FASB to propose deferring the effective dates of ASC 606 for private franchisors and ASC 842 for certain entities.

COVID-19 is expected to have an impact on entities’ financial reporting under International Financial Reporting Standards.

A revised interim final rule discusses the estimated impact on regulatory capital for institutions that implement CECL in 2020.

During quarterly reporting, SEC filers should focus on whether interim goodwill impairment testing should be performed.

Recently, the IASB issued guidance regarding the accounting for expected credit losses in light of the COVID-19 pandemic.

With ASC 842 deadlines approaching, you should start your software implementation now to ensure that you have time to choose a platform.

RSM’s article discusses coronavirus impacts on financial statement disclosures related to risks, uncertainties and going concern.

The recently enacted Coronavirus Aid, Relief, and Economic Security Act includes provisions that have financial reporting implications.

The CARES Act provides financial institutions optional temporary relief from certain TDR and impairment accounting requirements.

The CARES Act provides optional temporary current expected credit losses relief for certain insured depository institutions.

Due to the effects of the coronavirus, the SEC has extended its regulatory relief with respect to certain federal securities laws.

The California Consumer Privacy Act is changing the way businesses collect, process and retain information on customers.

A multinational consumer products client sought to implement ASC 842 with LeaseAccelerator as their selected lease technology solution.

How RSM conquered a time crunch in helping a large conglomerate prepare for an initial filing and life as a public company.

Visual Lease’sbest-in-class lease accounting software automates financial reporting associated with ASC 842 and IFRS 16.

Among other topics, a recent interagency statement addresses the accounting for loan modifications made in response to COVID-19.

Many entities develop software to be sold or used internally, so it is important to ensure they are following the appropriate guidelines

Join our webinar where we will dig deeper into the recently released AICPA guidance on accounting and auditing of digital assets.

The FASB recently provided temporary optional guidance intended to ease the burden reference rate reform on financial reporting.

The ASB recently issued SAS 139 to align the AU-C 800 series with the relevant SAS 134 auditor reporting provisions.

Recent amendments exclude from the accelerated and large accelerated filer definitions certain smaller reporting companies.

A recent GASB Exposure Draft addresses the accounting for Internal Revenue Code Section 457 deferred compensation plans.

The FASB recently discussed the accounting for insurance recovery assets from certain freestanding insurance contracts.

Accounting Standards Update 2020-03 addresses various issues related to the accounting for financial instruments

RSM’s Lease Accounting Resource Center provides high-level and detailed information about implementing ASC 842.

A recent SEC proposed rule is intended to address difficulties and confusion in applying the exempt offering framework.

Improving common challenges to digital strategy can better position your company to embrace and take advantage of new technology.

An interagency policy statement has been issued in response to the issuance of FASB Accounting Standards Update 2016-13

The SEC recently simplified certain Regulation S-X financial disclosure requirements applicable to registered debt offerings.

Join our series covering how, despite the deferred deadlines for ASC 842 implementation, private companies should keep moving forward.

The GASB recently proposed amendments to enhance the framework in its Concepts Statement for notes to the financial statements.

This webcast series features lease accounting software products on the market and how to properly select a solution to comply with GASB 87.

The arrangement allows RSM clients to leverage NetLease and NetAsset, advanced lease accounting and fixed asset management tools.

The SEC and the PCAOB recently issued guidance regarding financial reporting considerations related to the coronavirus.

A recent Accounting Standards Update addresses the effective date of ASC 842 for certain public business entities.

The Financial Accounting Standards Board recently added Staff Accounting Bulletin 119 to its Accounting Standards Codification.

A recently issued GASB Statement includes guidance addressing various accounting and financial reporting issues.

Our comparisons provide an overview of the significant differences between U.S. GAAP and IFRS on a variety of topics.

Maintaining lease accounting standards shouldn’t be time consuming. Join our webinar on Feb. 18 to learn more.

The FASB has issued a proposed ASU regarding the accounting by not-for-profit entities for contributed nonfinancial assets.

Recently issued SSARS 25 addresses materiality in a review of financial statements and adverse conclusions, among other matters.

The White House has proposed to consolidate the functions and responsibilities of the PCAOB into the SEC beginning in 2022.

This webcast will offer an executive briefing addressing key financial, regulatory and governance issues for 2020.

Our updated white paper will further assist financial institutions in applying the new revenue recognition model.

Our updated white paper will assist entities in the insurance industry in applying the new revenue recognition model.

We have updated our white paper that answers questions related to the application of the public business entity definition.

The FASB recently issued an Accounting Standards Update that clarifies certain interactions between ASC 321, ASC 323 and ASC 815.

The SEC recently proposed amendments to certain Regulation S-K disclosure requirements, including those related to MD&A.

Our updated white paper will assist business and professional services entities in applying the new revenue recognition model.

A recent FASB publication integrates previously issued FASB staff, TRG and PCC revenue recognition memos into a Q&A format.

Our updated white paper will assist entities in the life sciences industry in applying the new revenue recognition model.

The IASB has issued narrow-scope amendments to clarify how to classify debt and other liabilities as current or non-current.

Audit readiness shouldn’t be an afterthought of an acquisition. Being well prepared minimizes financial risks to your private equity firm.

Our updated white paper includes discussion of the new credit losses accounting guidance for loans measured at amortized cost.

A checklist to assist nonlenders with their transition to ASC 326, which includes the current expected credit losses model (CECL).

A large steelmaking company throughout North American looked to RSM as an advisor and partner with their implementation.

Trends and changes you need to be aware of in the SOX 404 landscape. Get ahead of the shifting expectations for 2020.

For audit committees, when considering blockchain technology, it's important to develop a strategy with executive leadership.

Recently RSM and NACD held a board round table with Chief Economist Joe Brusuelas to discuss the effects of tax and trade policies.

Each quarter, RSM's accounting thought leaders update middle market businesses on recently issued and proposed accounting guidance.

Compliance with ASC 842 includes evaluation of the tax implications that may affect businesses during the implementation.

The SEC recently proposed amendments to update certain aspects of its auditor independence framework in Rule 2-01.

Certain financial reporting issues were discussed during a recent SEC Regulations Committee meeting with SEC staff members.

A white paper about how entities in the life sciences industry may be affected by the new revenue recognition guidance in ASC 606.

The IAASB recently issued a revised standard, ISA 315, for identifying and assessing risks of material misstatement.

The ASB recently issued Statement on Standards for Attestation Engagements 19, Agreed-Upon Procedures Engagements.

The IASB recently issued an Exposure Draft to improve how information is communicated in the financial statements.

The SEC has proposed amendments to the definitions of “accredited investor” and “qualified institutional buyer.”

Learn more about the current expected credit loss standard, the London Interbank Offered Rate transition and tax reform.

Our article discusses the allocation of goodwill and related intangible assets to foreign subsidiaries in a business combination.

We have issued an updated version of our white paper to further assist entities in the technology industry in applying ASC 606.

A white paper about how entities in the technology industry may be affected by the new revenue guidance in ASC 606.

An update on the tax and accounting developments, macroeconomic outlook, trends and policies affecting the real estate industry.

Concerns have been raised that replacing Libor with an alternative reference rate may trigger a number of challenges.

The NCUA has delayed the effective date of the risk-based capital rules from January 1, 2020 to January 1, 2022.

The CECL model requires companies to consider future and current economic conditions when determining their allowance for bad debts.

Learn how boards can best understand blockchain, how to utilize in their organizations, and what types of efficiencies it can provide.

Blockchain is changing the rules of the game. Companies and their boards need to learn those rules and make them work to their advantage.

SAB No. 119 includes SEC staff interpretations regarding policies and procedures for developing CECL models and related matters.

The Financial Accounting Standards Board recently proposed changes to clarify, and make minor improvements to, the Codification.

ASU 2019-11 addresses issues raised by stakeholders during the implementation of the current expected credit losses standard.

Despite deferment of the new leasing standard, organizations should keep moving along with their lease implementation activities.

Should board members speak directly to investors on behalf of the company, at investor meetings, or not at all?

Increasingly, benefit plans are being targeted by hackers. But companies can take steps to protect themselves and their participants.

A recent publication by the CAQ and Audit Analytics gauges how audit committees approach communication of oversight activities.

The Financial Accounting Standards Board has proposed clarifications to certain sections of its 2017 hedge accounting standard.

A recent OCIE Risk Alert discusses top compliance topics observed in examinations of registered investment companies.

What companies should be doing to prepare for 2020 with accounting, leasing and tax changes and preparing for a potential work slow down.

ASU 2019-08 provides guidance regarding the measurement and balance sheet classification of share-based payments to a customer.

Guidance allows transparency for investors and financial statement users to assess the timing, amount, and cash flow from leases.

FASB votes to defer the effective dates of leases, CECL and hedging for certain entities and insurance for all entities.

Syneos Health, a public company, shares its ASC 842 implementation journey and how RSM assisted with acting as an extension of their team.

Blockchain technology is still in its nascent stages but it holds tremendous opportunities, particularly for the way companies are audited.

With cybersecurity posing threats to businesses, boards must work with management to gain insight into risks and appropriate protections.

Our article discusses the impact of the new guidance in ASC 340-40 on costs for construction-type and production-type contracts.

Pharmaceutical, biotech and medical device company finance leaders discuss ASC 842 lease accounting adoption complexities and challenges.

Join RSM and NACD for a discussion about the current state of the ever-changing trade wars and how they may affect your business.

Managers consider qualitative factors when purchasing a software license, but there are accounting issues that should be considered as well.

Guidance would facilitate transitions of existing debt and derivatives to alternative benchmark rates without creating taxable exchanges.

Information about the LIBOR phase out, identification of replacement rates and resultant operational and accounting considerations.

By offering additional technical knowledge of lease accounting, RSM worked with Syneos Health on its ASC 842 implementation.

A recent GASB proposal addresses financial reporting implications resulting from the replacement of an Interbank Offered Rate.

Recent amendments modify some specific hedge accounting requirements to address interest rate benchmark uncertainty.

A recent SEC Final Rule enables all issuers to engage in “test-the-waters” communications with certain institutional investors.

FASB’s revised proposal on classifying debt as current or noncurrent based on the contractual terms of the debt at the balance-sheet date.

The world of federal grants management is always changing. Read RSM’s update to understand how changes may affect your organization.

We have issued an updated version of our white paper to further assist health care entities in applying ASC 606.

The key to creating a diverse board is to think broadly. Consider strengths, competencies, industry experiences, and risk appetite as well.

The ASB issued SAS 134, Auditor Reporting and Amendments, Including Amendments Addressing Disclosures in the Audit of Financial Statements.

The proposed FASB ASC 842 deferral for private companies shouldn’t prevent your organization from starting the implementation now.

A white paper about how entities in the health care industry may be affected by the new revenue recognition guidance in ASC 606.

We recently published an high-level summary of ASC 842, Leases, and an in-depth guide to lessee accounting under ASC 842.

Guidance regarding accounting for portfolio company investments held by investment companies within the scope of FASB ASC 946.

The GASB recently issued an implementation guide to provide guidance related to GASB Statement No. 87, Leases.

We have published the fourth edition of our guide to accounting for debt and equity instruments in financing transactions.

We have issued an updated version of our white paper to further assist not-for-profit organizations in applying ASC 606.

The Auditing Standards Board recently issued a proposed SAS, Auditing Accounting Estimates and Related Disclosures.

Join this webcast to help your employees actively plan, save and prepare during the different stages of employment.

The SEC recently issued a proposed rule, which, if finalized, would revise Regulation S-K Items 101, 103 and 105.

The FASB recently issued an Accounting Standards Update that amends various Accounting Standards Codification SEC paragraphs.

The IASB recently proposed replacing the reference to “significant” with a requirement to disclose “material” accounting policies.

If finalized, a recent FASB proposal would defer the effective dates for certain of its guidance for certain entities.

When it comes to managing the risk of new technologies and cybersecurity, boards have a number of new issues to consider.

A white paper about how entities in the not-for-profit industry may be affected by the new revenue recognition guidance in ASC 606.

Restaurant learns it’s important to understand the quantity of leases and complexity before embarking on an ASC842 implementation strategy.

What have leaders of public companies learned during their implementation process; how can these lessons help other entities?

Recent proposed amendments clarify how companies account for deferred tax on leases and decommissioning obligations.

The PCAOB recently released insights for audit committees regarding the auditor’s communication of critical audit matters.

The FASB staff recently issued a Q&A document to address more than a dozen frequently asked questions related to ASU 2016-13.

Professional services firms could be overlooking financial reporting standards that affect software and cloud-based platforms costs.

In July, the GASB issued an Exposure Draft to propose guidance addressing various accounting and financial reporting issues.

A recent GASB Exposure Draft addresses the accounting for Internal Revenue Code Section 457 deferred compensation plans.

The FASB recently issued a proposed ASU to address issues raised by stakeholders during the implementation of ASU 2016-13.

The FASB has added a project to its agenda to address accounting changes necessitated by reference rate reform.

The SEC clarified guidance regarding waiver requests for financial statements of entities other than the registrant in a filing.

A recent SAS addresses the auditor’s reporting on financial statements of employee benefit plans subject to ERISA.

The ASB has clarified and expanded the auditor’s responsibilities with respect to other information included in annual reports.

FASB decides to propose deferring the effective dates for leases, credit losses, hedging and insurance for certain entities.

Private company leaders can learn from the new lease standard implementation challenges public company leaders have already experienced.

As private organizations implement ASC 842, understanding how this implementation can improve efficiency is critical.

Professional services firms, as part of implementing the new revenue recognition standard, should weigh performance obligations criteria.

ASC 842 compliance is challenging, and the effective date is quickly approaching for private companies. RSM can help smooth your adoption.

A recent proposed SSARS addresses materiality in a review of financial statements, adverse conclusions and other issues.

A recent proposed SAS discusses the evaluation of audit evidence and the use of automated tools and techniques.

The SEC recently issued a clarification to the single issuer exemption for broker-dealers, which is effective August 13, 2019.

The SEC amended its independence rules regarding when the auditor has a lending relationship with certain client shareholders.

We recently updated our hedging guide for the clarifications made by FASB Accounting Standards Update 2019-04.

We have issued an updated version of our guide to revenue recognition to reflect recent activities of the FASB, AICPA and SEC.

RSM is a proud sponsor of the Institute of Internal Auditor 2019 International Conference at the Anaheim Convention Center in Anaheim, CA.

A recent FASB Staff Q&A provides guidance on certain aspects of the accounting for grants in accordance with ASU 2018-08.

The Auditing Standards Board recently proposed amendments to the materiality concepts discussed in existing standards.

Join the NACD and RSM to understand how your board and organization can benefit from changing technology like the power of cloud computing.

We are shaping the future of the middle market through audit innovation and technology that meet the compliance needs of our clients.

It is critical that health care organizations have a comprehensive approach in implementing the new lease accounting requirements.

Join us to learn how ASC 842 changes accounting requirements and how to capture required information and calculations in NetSuite.

The GASB recently proposed guidance on the accounting for subscription-based information technology arrangements.

The GASB has issued financial reporting guidance for government issuers’ financial reporting of conduit debt obligations.

Recent PCAOB guidance focuses on questions that may arise when the auditor is communicating critical audit matters under AS 3101.

The Center for Audit Quality has released an updated tool to assist audit committees in the assessment of the external auditor.

The PCAOB staff recently provided guidance regarding how auditors are to comply with certain provisions of Rule 3526.

A recent FASB ASU extends the scope of two private company accounting alternatives to not-for-profit entities.

The CAQ has updated its guide that provides a high-level overview of internal control over financial reporting.

A recent CAQ publication provides an understanding of emerging technologies and the risks they present to financial reporting.

The CAQ recently published an audit committee tool that provides an overview of the new credit losses standard.

ASU 2019-05 provides the ability to elect the fair value option for certain financial assets upon transition to ASU 2016-13.

Among other requirements, a recent standard requires additional auditor communication with those charged with governance.

A recent standard provides changes to the format of and verbiage used in the auditor’s report for audits of nonissuers.

The board can foster a leadership team that is ready for strategic shifts that drive stakeholder value and may be fundamental to survival.

Join RSM for a revenue recognition standard (ASC 606) update for business and professional services companies.

Learn about the latest investing trends, the rationale behind them and best practices to building an investment menu for your employees.

Proposed amendments would modify specific hedge accounting requirements for interest rate benchmark uncertainty.

The SEC has proposed amendments to the financial disclosure requirements for businesses acquired and for business dispositions.

The AICPA recently provided guidance for determining which costs are considered “direct care” of collection items.

The Financial Accounting Standards Board recently made clarifying amendments to certain financial instruments standards.

Our article addresses goodwill impairment when a reporting unit has a negative value as a result of the inclusion of debt.

What three lessons can private companies take away from public companies that have already implemented ASC 842?

Health savings accounts are a valuable tool for saving money for medical expenses since they offer a triple tax benefit.

Accounting errors resulting from improper application of ASC 840 cannot be carried forward into the transition to ASC 842.

Join us on Thursday, April 25, as we review the latest accounting updates and issues that could affect nonprofit organizations.

Board members are crucial in evaluating business objectives and executive suite initiatives. Is your board equipped for change management?

Get the latest information on GASB standards that could affect your organization, including a detailed focus on the new OPEB standards.

Retail, fashion, food and beverage, and restaurant executives should ask these questions to determine the impact of ASC 606.

A white paper describing the impact of the new revenue recognition standard on federal government contractors.

The road to compliance with FASB ASC 842 can be fraught with challenges, but some best practices can help allow for a smoother transition.

Key tax takeaways for privately held, middle market companies when adopting the new lease accounting standards.

The rule’s impact reveals widespread consequences not only for lessees, but for landlords and real estate investors as well.

As organizations work to comply with lease accounting standards, it's important to evaluate the tax implications during the implementation.

After new SEC guidance, companies should evaluate cybersecurity risk and prevention processes to avoid potential enforcement actions.

Employing the proper internal controls can limit the financial and reputational damage that a company exposed to a cyberattack may face.

What can automotive manufacturers and suppliers learn from companies that have already implemented the new lease accounting standard?

Watch brief webcasts that pinpoint how ASC 842 affects the retail and restaurant sectors. Get key best practices for implementation.

We believe auditors will engage with management and the audit committee throughout the process of determining and communicating CAMs.

Learn the key components and requirements to consider when developing the discount rate according to the new lease accounting guidance.

A white paper about how entities in the consumer products industry may be affected by the new revenue recognition guidance in ASC 606.

A white paper about the private company accounting alternative that simplifies the accounting for common control arrangements.

How can your company strengthen its overall compensation packages with different plan types? Attend this webcast to find out.

Business travel arrangements require employers to carefully analyze and determine proper tax treatment for employees.

Identifying characteristics of an effective board of directors helps highlight what would be missing upon the resignation of a director.

Get the latest information on the new Governmental Accounting Standards Board lease standard that could affect public sector organizations.

Workforce dynamics and recruitment strategies are changing. What role can the board play in talent retention best practices?

A tight labor market is creating unique workforce issues for U.S. businesses. Boards can play a role in meeting these challenges.

Companies are realizing increased efficiencies and mitigating the costs of investments made in adopting ASC 842, lease accounting standard.

Calculating the incremental borrowing rate to correctly estimate the present value of lease payments under ASC 842 is proving challenging.

Join RSM for for an overview of today’s pressing accounting and tax issues your financial institution needs to know now.

Join RSM for an update on the tax and accounting developments, trends and policies affecting the real estate industry.

Join RSM as we partner with AMTdirect to bring you exclusive lessons learned in implementing the new lease accounting standard

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.

Join RSM for a complimentary webcast on Dec. 6 to understand the new guidelines and how it will affect your business.

RSM and Tango will share the top lessons they have learned working with customers across all industry sectors in this webcast.

Our white paper answers questions about the process for determining and disclosing critical audit matters in the auditor's report.

Board oversight must expand beyond company boundaries to consider procedures the of professional service firms with access to data.

From governance considerations to systems and controls, learn key IPO planning strategies for your technology company launch.

RSM and LEVERTON partner to abstract lease contracts for ASC 842 accounting with LEVERTON AI on a global scale.

In a tight labor market and rapidly changing work environment, can your organization remain competitive in recruiting and retaining talent?

An overview of changes to the requirements for capitalizing implementation costs with respect to customer’s accounting for cloud computing.

An overview of changes with respect to the fair value measurement disclosures in Topic 820 of the FASB’s Accounting Standards Codification.

Complying with ASC 842 may require more time than you think. We break down key questions companies need to consider.

This article highlights the difference between maintaining accounting records on tax rather than a GAAP basis.

While the middle-market has seen skyrocketing data breach rates, it’s important for companies to insist on strict security measures.

With deadlines for the standard fast approaching, here are answers to some common questions regarding the implementation process.

Employers have an opportunity to make a difference. How can they make sure their retirement plan is healthy and in compliance?

Colleges and universities must adjust to the new level of judgments and estimates required under ASC 842 and GASB 87 lease accounting.

Join RSM on Sept. 11 as we share our insights on how the new revenue recognition standard (ASC 606) affects the real estate industry.

A white paper about how entities in the industrial products industry may be affected by the new revenue recognition guidance in ASC 606.

An overview of the clarifications to identifying reciprocal and nonreciprocal transactions and conditional and unconditional contributions.

The third in a series of articles on internal controls for employee benefit plans, focusing on plan operational compliance controls.

For global companies, local languages, currencies, systems and regulations can make the implementation process challenging.

Tech companies: New revenue recognition implementation can be challenging but there are opportunities to improve processes and systems

Insights on the latest plan options and how to evaluate and ensure you are getting the most out of your retirement plan.

OCC provides clarification regarding how examiners evaluate and communicate bank performance under CRA to promote consistency and efficiency

Business and professional services organizations: Get key takeaways on revenue recognition changes from our recent webcast.

New standards for nonprofit financial statements and revenue recognition will need to be implemented over the next two to three years.

Some automotive parts entities have encountered accounting and operational challenges in applying the new revenue recognition standard.

While talent management is multi-faceted, there's often significant factors affecting employee loyalty that may have strategic implications.

A summary of changes made to the accounting for nonemployee share based payments, including such payments being within the scope of ASC 718.

A comprehensive white paper about how construction contractors are affected by the new revenue recognition guidance in ASC 606.

Watch to learn insights on implementing the new revenue recognition standard (ASC 606) for your technology company.

RSM’s industry insiders break down the answers to five key questions on how ASC 842 may affect the retail and restaurant sector.

Boards should not only focus on complying with regulations, but also consider the perceptions of the investment community.

Investors and directors can sometimes separated, but a bridge can always be built through thoughtful and deliberate communication.

Join RSM as we share insights on how the new revenue recognition standard (ASC 606) affects the business and professional services industry.

RSM provides an update on the current state of employer sponsored retirement plans including trends and best practices.

Join Ian Benjamin on April 19 to discuss the latest accounting updates and issues that could affect nonprofit organizations.

Our whitepaper explains how a private company can be in a position to efficiently adopt the FASB’s new revenue recognition guidance.

Our whitepaper demonstrates that private companies should light the fire of urgency with respect to implementing FASB ASC 606.

Get the latest information on GASB standards that could affect your organization, including a detailed focus on the new OPEB standards.

Join us in partnership with LeaseAccelerator to learn about best practices for a successful implementation of your ASC 842 Lease Accounting

This webcast will highlight key steps and best practices for implementation of new lease accounting standard (ASC 842).

Compliance with the revenue recognition standard may be more challenging and require more effort than many companies realize.

An executive briefing for corporate leaders, audit committee and board members addressing key financial and governance issues for 2018.

Our white paper includes information about the simplified goodwill impairment test, which no longer requires Step 2 to be performed.

Watch our webcast recap on changes and transition considerations for technology businesses related to the new revenue recognition standards.

The Dutch Council for Annual Reporting is giving companies the opportunity to report revenues and related costs after the issuance of IFRS15

A white paper that discusses topics member-owned private clubs should consider when applying the new revenue recognition guidance.

An article with information about interagency guidance issued by banking regulators related to the Tax Cuts and Jobs Act.

Gain insights on the latest cybersecurity threats for retirement and health and welfare plans and their beneficiaries.

A summary of the FASB’s decisions on Jan. 10, 2018 on various income tax accounting issues arising from the Tax Cuts and Jobs Act.

The considerations involved in estimating the fair value of a noncontrolling interest recognized in business combination accounting.

All taxpaying entities need to address the effects of the Tax Cut and Jobs Act in their reporting period that includes Dec. 22, 2017.