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RSM provides audit services, financial reporting, FASB standards implementations and GAAP standards to privately held companies.

The following resources provide insightful knowledge related to private company standard setting and miscellaneous.

Private-company accounting alternative for the recognition of certain intangible assets in the accounting for a business combination.

A white paper about the private company accounting alternative that simplifies the accounting for common control arrangements.

Private-company accounting alternative for the subsequent accounting of goodwill and considerations before electing the alternative.

An educational FASB Staff paper provides examples to help private company franchisors implement the revenue recognition standard.

Our audit services are designed to ensure quality and efficiency in financial reporting, and enhance and simplify your financial functions.

Our Commitment to Audit Quality and Professional Excellence report provides information on matters directly related to audit quality.

What three lessons can private companies take away from public companies that have already implemented ASC 842?

Private company leaders can learn from the new lease standard implementation challenges public company leaders have already experienced.

Our whitepaper explains how a private company can be in a position to efficiently adopt the FASB’s new revenue recognition guidance.

Our whitepaper demonstrates that private companies should light the fire of urgency with respect to implementing FASB ASC 606.

This webcast will offer an executive briefing addressing key financial, regulatory and governance issues for 2020.

On December 18, the FASB will host a webcast geared toward private companies about implementing the requirements of ASC 606.

Join our series covering how, despite the deferred deadlines for ASC 842 implementation, private companies should keep moving forward.

These resources provide insightful knowledge and recent developments related to audits, reviews and compilations of private companies.

Audit readiness shouldn’t be an afterthought of an acquisition. Being well prepared minimizes financial risks to your private equity firm.

Q&As on the FASB’s definition of a public business entity, which is used to specify the scope of accounting and reporting guidance.

View recording of Feb.2016 webcast. Takes a look at the changing dynamic between the audit committee and their governance responsibilities

A summary of changes made to the accounting for nonemployee share based payments, including such payments being within the scope of ASC 718.