Financial Reporting Insights
Proposed updates to ASC 842
The FASB recently proposed amendments to address certain issues arising from the adoption of the leases standard.
The FASB recently proposed amendments to address certain issues arising from the adoption of the leases standard.
Concerns have been raised that replacing Libor with an alternative reference rate may trigger a number of challenges.
RSM US LLP is a limited liability partnership and the U.S. member firm of RSM International, a global network of independent audit, tax and consulting firms. The member firms of RSM International collaborate to provide services to global clients, but are separate and distinct legal entities that cannot obligate each other. Each member firm is responsible only for its own acts and omissions, and not those of any other party. Visit rsmus.com/aboutus for more information regarding RSM US LLP and RSM International.
© 2021 RSM US LLP. All rights reserved.