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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.
By offering additional technical knowledge of lease accounting, RSM worked with Syneos Health on its ASC 842 implementation.
most recent insights
FINANCIAL REPORTING INSIGHTS
A revised interim final rule discusses the estimated impact on regulatory capital for institutions that implement CECL in 2020.
A multinational consumer products client sought to implement ASC 842 with LeaseAccelerator as their selected lease technology solution.
How RSM conquered a time crunch in helping a large conglomerate prepare for an initial filing and life as a public company.
On March 17, 2020, the IASB approved deferral of the effective date of International Financial Reporting Standard 17 (IFRS 17).
Join our webinar where we will dig deeper into the recently released AICPA guidance on accounting and auditing of digital assets.