INSIGHTS AND RESOURCES

Proposed ASC 606 practical expedient for private-company franchisors

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.
AICPA issues TQAs for entities

AICPA issues TQAs for entities

The AICPA has issued additional technical questions and answers for health care entities related to leasing and CARES Act provisions.
Revised Form 941-X

Revised Form 941-X

The final version of Form 941-X Adjusted Employer’s Quarterly Federal Tax Return or Claim for Refund has been released by the IRS.
Presentation and disclosure of contributed nonfinancial assets

Presentation and disclosure of contributed nonfinancial assets

The FASB recently issued requirements regarding the presentation and disclosure of contributed nonfinancial assets by nonprofit entities.
Is now the time to make the case for internal audit outsourcing?

Is now the time to make the case for internal audit outsourcing?

Here are the four most common reasons it makes sense for an organization to consider internal audit outsourcing.
FASB receives feedback about potential simplifications to ASC 842

FASB receives feedback about potential simplifications to ASC 842

Constituents recently provided feedback to the FASB regarding issues encountered in the implementation of ASC 842.
Evaluating the Visa TIP program: Is it right for your business?

Evaluating the Visa TIP program: Is it right for your business?

Visa’s TIP program is an alternative reporting process for the PCI DSS. Learn how to determine if it is right for your business.
Company size: A major factor in middle market back to work strategies

Company size: A major factor in middle market back to work strategies

As companies develop plans to return to the office, several differences exist in the strategies of small and large middle market businesses.
The telehealth explosion has changed health care delivery forever

The telehealth explosion has changed health care delivery forever

Even if the boom is leveling off now, we do not expect telehealth use and investments ever to go back to pre-pandemic levels.
Remote Workforce Security Assessment Financial Services Checklist

Remote Workforce Security Assessment Financial Services Checklist

The shift to remote work has exposed the financial services industry cybersecurity programs to new compliance risks. Do you know yours?
5 considerations if your client files for bankruptcy

5 considerations if your client files for bankruptcy

Companies must minimize financial exposure and maximize their potential recoveries if their business clients face bankruptcy.
Family office document retention: FAQs about how to manage risk

Family office document retention: FAQs about how to manage risk

These FAQs help family offices take a look at document management and retention practices, policies, technology systems and procedures.
Oil prices show record volatility in 2020: Path to recovery uncertain

Oil prices show record volatility in 2020: Path to recovery uncertain

The unprecedented imbalance the oil market has seen in 2020 has garnered extraordinary responses from both oil producers and policymakers.
Goodwill impairment testing when carrying amount is trending downward

Goodwill impairment testing when carrying amount is trending downward

RSM discusses goodwill impairment testing when a reporting unit or an entity has a downward-trending positive carrying amount.
Accounting for CARES Act provisions specific to health care entities

Accounting for CARES Act provisions specific to health care entities

The AICPA has issued answers to accounting questions regarding certain CARES Act provisions specific to health care entities.