Financial Reporting Insights
FASB receives feedback about potential simplifications to ASC 842
Constituents recently provided feedback to the FASB regarding issues encountered in the implementation of ASC 842.
Constituents recently provided feedback to the FASB regarding issues encountered in the implementation of ASC 842.
RSM’s approach to implementing new standards differs because we take a practical, hands-on approach; our depth and experience sets us apart.
FASB to propose deferring the effective dates of ASC 606 for private franchisors and ASC 842 for certain entities.
With ASC 842 deadlines approaching, you should start your software implementation now to ensure that you have time to choose a platform.
This webcast series features lease accounting software products on the market and how to properly select a solution to comply with GASB 87.
An update on the tax and accounting developments, macroeconomic outlook, trends and policies affecting the real estate industry.
Join us to learn how ASC 842 changes accounting requirements and how to capture required information and calculations in NetSuite.
Accounting errors resulting from improper application of ASC 840 cannot be carried forward into the transition to ASC 842.
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.
As organizations work to comply with lease accounting standards, it's important to evaluate the tax implications during the implementation.
Learn the key components and requirements to consider when developing the discount rate according to the new lease accounting guidance.
Calculating the incremental borrowing rate to correctly estimate the present value of lease payments under ASC 842 is proving challenging.
With deadlines for the standard fast approaching, here are answers to some common questions regarding the implementation process.
While all leases will need to be considered under the new lease guidance, there are significant ramifications to leases involving real estate.