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2024 AI Outlook: Expert advice on navigating the AI economy

2024 AI Outlook: Expert advice on navigating the AI economy

AI has become every organization's top challenge—and their top opportunity. Appian interviewed industry experts across top consulting firms, including our own George Casey.
IRS releases guidance on the foreign tax credit and GloBE

IRS releases guidance on the foreign tax credit and GloBE

IRS releases guidance on how the FTC and DCL rules will work with the new GloBE Model Rules. The temporary FTC relief period has also been extended.
A guide to lease accounting

A guide to lease accounting

The updated guide incorporates guidance for lessors and recently issued FASB Accounting Standards Updates.
Donor-advised funds: A critical vehicle for fundraising

Donor-advised funds: A critical vehicle for fundraising

Learn how donor-advised funds have become a critical vehicle for fundraising, with projected assets of over $1 trillion by 2029.
U.S. GAAP vs. IFRS comparisons

U.S. GAAP vs. IFRS comparisons

The differences between U.S. generally accepted accounting principles (GAAP) and International Financial Reporting Standards (IFRS).
Presentation of acquired cash in a business combination

Presentation of acquired cash in a business combination

An example illustrates how to present acquired cash and consideration transferred in accordance with FASB ASC Topic 805.
FASB issues final standard on segment reporting disclosures

FASB issues final standard on segment reporting disclosures

The new Accounting Standards Update requires incremental segment line item disclosures and introduces the significant expense principle.
New white papers on accounting for income taxes

New white papers on accounting for income taxes

RSM’s three new white papers address book vs. tax basis differences, applicable tax rates, and current and deferred taxes.
The clock is ticking: Don’t let your GST exemption go to waste

The clock is ticking: Don’t let your GST exemption go to waste

Importance of using generation-skipping tax exemption before amounts decrease in 2025, even if it means paying gift tax today.
Transfer pricing considerations for private equity funds

Transfer pricing considerations for private equity funds

For multinational private equity funds, understanding transfer pricing can help maximize tax benefits and minimize negative tax consequences.
Accounting for income taxes: Valuation allowance

Accounting for income taxes: Valuation allowance

This whitepaper addresses determining the current taxes payable or refundable, deferred tax assets and liabilities, which form the basis for the amounts recorded on the entity's financial statements.
Quarterly public sector webcast series – Winter 2023

Quarterly public sector webcast series – Winter 2023

RSM US LLP is pleased to offer a quarterly webcast series centered on hot topics affecting the public sector. This complimentary CPE-qualified program will provide unique insights and strategies to help governmental organizations (federal, state, local and tribal) adapt to change and plan for its long-term impact.
Fed signals end of rate hikes and projects cuts in 2024

Fed signals end of rate hikes and projects cuts in 2024

The Federal Reserve signaled at its meeting on Wednesday that it is done raising its policy rate and is poised to reduce it by 75 basis points next year to support the expanding economy.
Navigating massive e-commerce growth: Strategic insights for manufacturers

Navigating massive e-commerce growth: Strategic insights for manufacturers

E-commerce growth has had a significant impact on manufacturers, who may need to reevaluate their strategies to adapt.
Accounting for income taxes: Book vs. tax basis differences

Accounting for income taxes: Book vs. tax basis differences

This whitepaper addresses how to identify temporary and permanent differences and net operating loss and tax credit carryforwards, which together are one of the many aspects of accounting for income taxes.