New ASU removes references to the FASB Concepts Statements from GAAPBy RSM US LLP | April 12, 2024FASB ASU 2024-02 removes references to Concept Statements from GAAP across a variety of defined terms and Topics within the Codification.Read more...
Presentation of acquired cash in a business combinationBy RSM US LLP | December 15, 2023Example illustrates how to present acquired cash and consideration transferred in accordance with FASB ASC Topic 805.Read more...
FASB proposes guidance on crypto assetsBy RSM US LLP | April 5, 2023Recently proposed FASB guidance would improve accounting and disclosure of certain crypo assets.Read more...
Lessor accounting under ASC 842By RSM US LLP | October 12, 2022Our whitepaper explains contracts within the scope of Topic 842, as well as a lessor's accounting under ASC 842 for its contracts that are (or include) leases.Read more...