Ideas & Insights

We recently updated our white paper to reflect the new goodwill accounting alternative provided in FASB ASU 2021-03.

The FASB has proposed allowing lessees that are not PBEs to make the risk-free rate election by class of underlying asset.

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.

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.

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.