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 McGladrey 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.

Improvements to employee share-based payment accounting
ASU 2016-09 reduces the complexity of certain aspects of the accounting for employee share-based payment transactions.

Update: Consolidation of a for-profit limited partnership by a not-for-profit entity
The FASB recently reached tentative decisions regarding the consolidation of a for-profit limited partnership by a not-for-profit entity.

Accounting for irrevocable split-interest agreements
Statement 81 provides recognition and measurement guidance for governments that benefit from irrevocable split-interest agreements.

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

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