Menu

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

VIDEO

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

SPAC mergers and going public: Hyliion's path to the NYSE

ARTICLE

SPAC mergers and going public: Hyliion's 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
OECD releases guidance on COVID19 transfer pricing adjustments

INSIGHT ARTICLE

OECD releases guidance on COVID19 transfer pricing adjustments

The OECD’s guidance illustrates how the pandemic may impact arm’s length results, including lower profits and even losses.

  • January 21, 2021
Board perspectives when considering a transaction with a SPAC

INSIGHT ARTICLE

Board perspectives when considering a transaction with a SPAC

Once becoming a publicly owned company, the SPAC transaction journey must be undertaken with advanced planning.

  • January 18, 2021

FINANCIAL REPORTING INSIGHTS

Ongoing updates to Coronavirus: Financial reporting considerations

Our coronavirus white paper has been updated for financial reporting matters related to the Consolidated Appropriations Act, 2021.

  • January 13, 2021
GASB guidance for transition from Interbank Offered Rates

WHITE PAPER

GASB guidance for transition from Interbank Offered Rates

The GASB's guidance addressing financial reporting implications of the replacement of interbank offered rates.

  • January 12, 2021