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Resource Center

Financial Reporting Resource Center

Timely, insightful information and resources regarding the latest financial reporting issues, changes and requirements.


Financial Reporting Insights

Financial Reporting Insights

This page provides access to Financial Reporting Insights, a biweekly resource for recent financial reporting developments.


White Paper

A guide to accounting for business combinations (third edition)

A plain-English explanation of the accounting for a business combination accompanied by detailed examples, illustrations and checklists.


White Paper

Revenue recognition: A whole new world

A white paper that details new guidance in ASC 606, including scope, core principle, key steps, transition methods and effective dates.

  • Marshall, Brian
  • |

White Paper

Leases: New accounting requirements for lessees

This white paper explains the new lease guidance applicable to lessees in Accounting Standards Update 2016-02, Leases (Topic 842).

  • Stuart, Richard
  • |

White Paper

Financial instruments: In-depth analysis of standard on credit losses

Analysis of ASU 2016-13’s new credit impairment guidance (e.g., the CECL model), including a comparison of the new guidance to the old.

  • Miller, Faye
  • |

White Paper

Accounting for multiple-deliverable revenue arrangements

Guidance for companies on applying ASC 605-25, Revenue Recognition – Multiple-Element Arrangements, including examples illustrating various concepts.

  • Marshall, Brian
  • |

Insight Article

Simplified accounting for private companies: Goodwill

Summary of the private-company accounting alternative for the subsequent accounting of goodwill and considerations before electing the alternative.

  • Marshall, Brian
  • |

Financial Reporting Insights

Accounting treatment of software development costs

Many entities develop software to be sold or used internally, so it is important to ensure they are following the appropriate guidelines


Resource Center

COSO Resource and Information Center

Information on COSO – from adoption tips to summaries of each of the principles.


Recorded Webcast

Revenue recognition: Key considerations for the construction industry

Join RSM on Nov. 9 as we share our insights on how the new revenue recognition standard (ASC 606) affects the construction industry.

  • Maves, Brandon
  • |

Recorded Webcast

Understanding FASB's new credit impairment model

Join RSM for an overview of FASB’s new credit impairment model—one of the most significant accounting standards banks have faced in years.


White Paper

Impact of lease accounting changes to corporate real estate

While all leases will need to be considered under the new lease guidance, there are significant ramifications to leases involving real estate.

  • Stuart, Richard
  • |

White Paper

Changes to revenue recognition in the health care industry

A white paper about how entities in the health care industry may be affected by the new revenue recognition guidance in ASC 606.


White Paper

Changes to revenue recognition in the life sciences industry

A white paper about how entities in the life sciences industry may be affected by the new revenue recognition guidance in ASC 606.

  • Coffland, Matt
  • |

White Paper

Revenue recognition considerations for member-owned private clubs

A white paper that discusses topics member-owned private clubs should consider when applying the new revenue recognition guidance.


On Demand Webcast

Revenue recognition: Key considerations for the life sciences industry

Join RSM on Dec. 13 as we share our insights on how the new revenue recognition standard (ASC 606) affects the life sciences industry.

  • Baldowski, Patricia
  • |

Investment Industry Insights

Net capital treatment: Deferred taxes for aspect of ASC 606 adoption

The SEC has addressed the net capital treatment of deferred taxes related to certain capitalized costs under ASC 606 and ASC 340.


Financial Reporting Insights

Proposed changes to accounting for long-duration insurance contracts

A recent FASB proposal is intended to improve financial reporting for insurance companies that issue long-duration contracts.


Financial Reporting Insights

Revenue recognition under ASC 606: Updated white paper

Our white paper recently was updated to reflect significant changes made to FASB ASC Topic 606 since its original issuance in May 2014.