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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

GASB proposes implementation guidance

The GASB recently released a proposed implementation guide to address a wide array of practice issues related to GASB Statements.

  • December 02, 2020
Taking your company's financial profile to a new level

VIDEO

Taking your company's financial profile to a new level

Our technical accounting consulting team help tackle your complex accounting needs with dedicated industry professionals.

  • November 18, 2020

FINANCIAL REPORTING INSIGHTS

Proposed updates to ASC 842

The FASB recently proposed amendments to address certain issues arising from the adoption of the leases standard.

  • November 02, 2020

RECORDED WEBCAST

Digital Assets – the AICPA’s practice aid on accounting and auditing

RSM is pleased to offer a webcast on the AICPA’s practice aid on accounting for and auditing of digital assets.

  • October 27, 2020

FINANCIAL REPORTING INSIGHTS

Proposed ASC 606 practical expedient for private-company franchisors

A recent proposal would simplify how private-company franchisors analyze their performance obligations in accordance with ASC 606.

  • September 22, 2020