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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

Syneos Health adopts ASC 842 with help from RSM

TESTIMONIAL

Syneos Health adopts ASC 842 with help from RSM

By offering additional technical knowledge of lease accounting, RSM worked with Syneos Health on its ASC 842 implementation.


most recent insights

FINANCIAL REPORTING INSIGHTS

FASB expands ASC 606 deferral and approves limited deferral of ASC 842

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

  • May 20, 2020
Here's why organizations should continue to implement GASB 87

INSIGHT ARTICLE

Here's why organizations should continue to implement GASB 87

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

  • May 13, 2020
Digital assets: Challenges for audit, accounting and taxation

INSIGHT ARTICLE

Digital assets: Challenges for audit, accounting and taxation

Digital assets present audit and accounting challenges that require re-examining basic considerations within traditional frameworks.

  • May 12, 2020

RECORDED WEBCAST

Annual update: State and local government accounting

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

  • May 11, 2020

FINANCIAL REPORTING INSIGHTS

U.S. GAAP and IFRS comparisons: Leases and interim reporting

We recently updated our U.S. GAAP vs. International Financial Reporting Standards comparisons on leases and interim reporting.

  • April 24, 2020