United States
For each reporting period, an entity should reevaluate whether a callable debt security is within the scope of ASC 310-20-35-33.
Our white paper discusses many relevant matters related to, and the impact of COVID-19 on, goodwill impairment testing.
Each quarter, RSM's accounting thought leaders update middle market businesses on recently issued and proposed accounting guidance.
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.
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.
Changes to an issuer’s accounting for convertible instruments and the derivatives scope exception for contracts in an entity’s own equity.
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.
Discussion of the accounting considerations for a borrower that has received a loan under the Paycheck Protection Program.
The FASB recently addressed the complexity of its guidance for convertible instruments and contracts in an entity’s own equity.