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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

Updated white paper: Revenue recognition in the insurance industry

Our updated white paper will assist entities in the insurance industry in applying the new revenue recognition model.

  • February 06, 2020

FINANCIAL REPORTING INSIGHTS

FASB Staff Q&A document: Revenue recognition implementation

A recent FASB publication integrates previously issued FASB staff, TRG and PCC revenue recognition memos into a Q&A format.

  • February 04, 2020
How to prepare for a first year audit after acquisition

INSIGHT ARTICLE

How to prepare for a first year audit after acquisition

Audit readiness shouldn’t be an afterthought of an acquisition. Being well prepared minimizes financial risks to your private equity firm.

  • January 30, 2020

FINANCIAL REPORTING INSIGHTS

Loan loss allowance for specialty lenders is a key due diligence issue

Our updated white paper includes discussion of the new credit losses accounting guidance for loans measured at amortized cost.

  • January 28, 2020

WHITE PAPER

ASC 326: Credit losses—Abbreviated readiness checklist for nonlenders

A checklist to assist nonlenders with their transition to ASC 326, which includes the current expected credit losses model (CECL).

  • January 28, 2020