At Insero, we make it our business to stay abreast of the latest trends and technical updates in accounting, tax, and audit and we understand how important timely updates are to our clients. As a member of the RSM US Alliance, we also have the benefit of access to the resources and subject matter experts of RSM US LLP (formerly known as McGladrey LLP). This includes regular updates on the latest financial reporting insights. We hope that you find these informative and useful, and invite you to reach out to us if you have any questions.

Revenue recognition: 5 key considerations for implementation
Our article highlights a few important aspects of implementing FASB Accounting Standards Codification Topic 606.

Revenue recognition: Key considerations for the construction industry
Our webcast will discuss how FASB Accounting Standards Codification Topic 606 affects the construction industry.

Proposed clarifications to land easements application guidance
The FASB recently issued a proposed ASU to address concerns regarding the application of Topic 842 to land easements.

Proposed technical amendments to recently issued standards
Recent FASB proposals provide narrow-scope amendments to accounting standards for financial instruments and leases.

Proposed Codification improvements
The FASB recently proposed changes to clarify the Codification and correct unintended application of guidance.

Audit and Accounting Updates for Business Owners and Financial Professionals

Source: RSM US LLP
Used with permission as a member of the RSM US Alliance
http://rsmus.com/our-insights/newsletters/financial-reporting-insights.html

As always, we hope you enjoy this edition of our newsletter and we look forward to receiving your feedback. Should you have any questions regarding the information contained in the attached materials or our service offerings, please contact us directly.