United States
The FASB staff recently issued a Q&A document to address more than a dozen frequently asked questions related to ASU 2016-13.
The FASB recently issued a proposed ASU to address issues raised by stakeholders during the implementation of ASU 2016-13.
It is critical that health care organizations have a comprehensive approach in implementing the new lease accounting requirements.
Join us to learn how ASC 842 changes accounting requirements and how to capture required information and calculations in NetSuite.
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.
A FASB Staff Q&A addresses use of the WARM method to estimate credit loss reserves for less complex financial asset pools.
Two recent FEI guides provide internal control considerations for adoption of the new leases and CECL standards.
Calculating the incremental borrowing rate to correctly estimate the present value of lease payments under ASC 842 is proving challenging.
Join RSM for for an overview of today’s pressing accounting and tax issues your financial institution needs to know now.
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.
The FASB recently issued an ASU that amends the transition requirements and scope of the credit losses standard.
With deadlines for the standard fast approaching, here are answers to some common questions regarding the implementation process.
In July, the FASB tentatively decided to amend the effective date of ASU 2016-13 for non-public business entities.
With ASC 842 deadlines approaching, you should start your software implementation now to ensure that you have time to choose a platform.
Bank executives weigh in and provide insightful information on the impact of CECL and plans for implementation.