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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 recognition, lease 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
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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.
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Updates to overview of lessor accounting for financial institutions
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LeaseQuery and RSM Announce Reseller Partnership
Customers can now purchase LeaseQuery directly from RSM, gaining the benefit of a single-vendor community across solutions.
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Considerations for Day 2 compliance with ASC 842
Businesses can improve operations and reduce costs after adopting the ASC 842, despite the time and effort required to maintain compliance.
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GASB issues guidance for subscription-based IT arrangements
The GASB recently issued guidance on the accounting for subscription-based information technology arrangements.
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Top 5 considerations when implementing an ASC 842 technology solution
Implementing (ASC) 842 will likely require a lease accounting software package. These five topics are key areas for you to consider.