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.

Accounting

A guide to accounting for investments, loans and other receivables
Our publication provides a high-level overview of the accounting for investment securities, loans and other receivables.

FASB proposes deferred effective dates for leases, CECL and hedging
If finalized, a recent FASB proposal would defer the effective dates for certain of its guidance for certain entities.

Proposal: Convertible instruments and contracts in an entity’s own equity
A proposed Accounting Standards Update addresses accounting for convertible instruments and contracts in a company’s own equity.

The interaction between ASC 321, ASC 323 and ASC 815
A proposed Accounting Standards Update addresses the interaction of the guidance in ASC 321, ASC 323 and ASC 815.

SEC

Proposed modernization of Regulation S-K Items 101, 103 and 105
The SEC recently issued a proposed rule, which, if finalized, would revise Regulation S-K Items 101, 103 and 105.

FASB Codification update: SEC disclosure update and simplification
The FASB recently issued an Accounting Standards Update that amends various Accounting Standards Codification SEC paragraphs.

A guide to accounting for investments, loans and other receivables

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.