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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

Updated white paper: Changes to revenue recognition for franchisors

This updated version of our white paper will further assist franchisors in applying the new revenue recognition model in ASC 606.

  • February 23, 2021
Changes to revenue recognition for franchisors

WHITE PAPER

Changes to revenue recognition for franchisors

Franchisors are in for major changes in the way they recognize revenues. Learn more about the new standards and how to address them.

  • February 19, 2021

RECORDED WEBCAST

Have you planned your lease accounting compliance timeline yet?

With lease accounting compliance deadlines approaching, learn how strategy and technology can align for an effective compliance approach.

  • February 12, 2021

FINANCIAL REPORTING INSIGHTS

ASC 606 practical expedient for private-company franchisors

A recent ASU addresses the accounting by a private-company franchisor for certain pre-opening services provided to a franchisee.

  • February 03, 2021
SPAC mergers and going public Hyliions path to the NYSE

ARTICLE

SPAC mergers and going public Hyliions path to the NYSE

With the uptick of SPAC mergers, this Texas truck electrification business recently went public via a SPAC with the help of RSM.

  • February 01, 2021