Ideas & Insights

Each quarter, RSM's accounting thought leaders update middle market businesses on recently issued and proposed accounting guidance.

Wouldn’t it be nice if we could automate your audit? How many hours have you spent sending reports and notes to your auditors?

Join RSM for a discussion on the board of director’s role in managing enterprise-wide risk while keeping out of management operations.

In this article, we discuss the qualitative assessment of goodwill impairment upon the occurrence of a triggering event.

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 updated the statistical disclosure requirements applicable to bank and savings and loan registrants.

Our white paper discusses pandemic-related financial reporting issues, including a lender’s accounting for PPP loans.

The IASB’s recent amendments address the transition to alternative interest rate benchmarks as a result of benchmark reform.

RSM discusses goodwill impairment testing when a reporting unit or an entity has a downward-trending positive carrying amount.

A summary of the guidance entities should apply when undergoing a reorganization under Chapter 11 of the Bankruptcy Code.

We have updated our white paper, which provides an overview of lessor accounting under ASC 842 for financial institutions.

The AICPA has issued answers to accounting questions regarding certain CARES Act provisions specific to health care entities.

Changes to an issuer’s accounting for convertible instruments and the derivatives scope exception for contracts in an entity’s own equity.

The SEC recently issued a final rule, which makes certain modifications to the existing definition of “accredited investor.”

How can corporate boards ensure there is appropriate oversight and that investments are right for their organization?

On August 27, 2020, the SEC issued a final rule that revises Items 101, 103 and 105 of Regulation S-K. Learn more.

Our summary highlights several regulations affecting broker-dealers that recently have been issued or updated.

The OMB recently released the 2020 Compliance Supplement, which is effective for audits of years beginning after June 30, 2019.