Ideas & Insights

ASU 2021-09 allows lessees that are not PBEs to make the risk-free discount rate election by class of underlying asset.

Pharmaceutical, biotech and medical device company finance leaders discuss ASC 842 lease accounting adoption complexities and challenges.

The FASB tentatively decided to allow lessees that are not PBEs to make the risk-free rate election by class of underlying asset.

ASU 2021-05 addresses the accounting for a lease with variable lease payments that do not depend on a reference index or a rate.

Join RSM in our three-part webcast series to explore which of these three paths best fits your lease accounting needs.

With lease accounting compliance deadlines approaching, learn how strategy and technology can align for an effective compliance approach.

The GASB's guidance addressing financial reporting implications of the replacement of interbank offered rates.

The GASB recently released a proposed implementation guide to address a wide array of practice issues related to GASB Statements.

Our technical accounting consulting team help tackle your complex accounting needs with dedicated industry professionals.

The FASB recently proposed amendments to address certain issues arising from the adoption of the leases standard.

Constituents recently provided feedback to the FASB regarding issues encountered in the implementation of ASC 842.

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

Businesses can improve operations and reduce costs after adopting the ASC 842, despite the time and effort required to maintain compliance.

The GASB recently issued guidance on the accounting for subscription-based information technology arrangements.

RSM’s approach to implementing new standards differs because we take a practical, hands-on approach; our depth and experience sets us apart.

On May 20, 2020, the FASB approved one-year effective date deferrals for certain entities for ASC 606 and ASC 842.

Do not delay your GASB 87 lease implementation efforts because of the postponement of the GASB 87 effective date.

In light of the pandemic, the GASB has postponed the effective dates of certain of its Statements and Implementation Guides.

Get the latest information on GASB standards that could affect your organization, including a detailed focus on the new OPEB standards.

Due to the coronavirus, the FASB recently proposed a one-year effective date delay for certain entities for ASC 606 and ASC 842.