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New Accounting Standards Implementation

Significant accounting standards and changes passed by the International Financial Reporting Standards Foundation and the Financial Accounting Standards Board have created heavy compliance burdens and complex accounting challenges that lean accounting and finance departments in many organizations often struggle to handle.

Our experienced technical accounting professionals can help your organization understand, prepare for and implement such standards. Whether it’s revenue recognitionlease accounting standards or Current and Expected Credit Loss (CECL), our team can provide the technical proficiency, keen understanding and industry-specific knowledge you need to keep your accounting and finance department informed and in compliance.

How can we help you?

To discuss how our team can help your business, contact us by phone at 800.274.3978 or


Featured Insight

Implementing new standards with technical accounting consulting

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Implementing new standards with technical accounting consulting

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


most recent insights

FINANCIAL REPORTING INSIGHTS

Proposed ASU: ASC 326, Financial Instruments – Credit Losses

The FASB recently issued a proposed ASU, which addresses certain loan refinancings, restructurings and writeoffs.

  • December 01, 2021

FINANCIAL REPORTING INSIGHTS

ASU 2021-09: Discount rate for lessees that are not PBEs

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

  • November 11, 2021
Weighing the advantages and disadvantages of going public

INSIGHT ARTICLE

Weighing the advantages and disadvantages of going public

If you’re thinking of taking your company public, consider these five advantages and five disadvantages of an IPO first

  • November 08, 2021

FINANCIAL REPORTING INSIGHTS

Accounting for acquired revenue contracts with customers

The FASB recently addressed how an acquirer should recognize and measure revenue contracts acquired in a business combination.

  • October 29, 2021
Taking your company public: Key timeline considerations

INFOGRAPHIC

Taking your company public: Key timeline considerations

Your company’s path to initial public offering is complex and requires significant time to plan and execute to success.

  • October 29, 2021