Ideas & Insights

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.

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.

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

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.

Our audit quality report is intended to provide a window into how RSM US LLP promotes and monitors audit quality.

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.

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

The Center for Audit Quality International Practices Task Force has updated its framework for compiling inflation data.

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.