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
The IASB has proposed amendments to IFRS 16 to clarify the seller-lessee’s accounting for a sale and leaseback transaction.
Our annual Effective Date Reminder lists pronouncements issued as of Nov. 1, 2020, which became effective on or after Jan. 1, 2020.
The SEC recently updated certain of its auditor independence requirements to more effectively focus the independence analysis.
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 issued a final rule, which makes certain modifications to the existing definition of “accredited investor.”
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.
The CAQ recently published an audit committee tool that provides an overview of the new credit losses standard.
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.