United States
A recent ASU addresses the accounting by a private-company franchisor for certain pre-opening services provided to a franchisee.
The new standard on current expected credit losses (CECL) came into effect in 2020 for SEC filers that are not smaller reporting companies
Our annual Effective Date Reminder lists pronouncements issued as of Nov. 1, 2020, which became effective on or after Jan. 1, 2020.
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.
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.
A white paper about how entities in the life sciences industry may be affected by the new revenue recognition guidance in ASC 606.
An update on the tax and accounting developments, macroeconomic outlook, trends and policies affecting the real estate industry.
A white paper about how entities in the health care industry may be affected by the new revenue recognition guidance in ASC 606.
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.
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.