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.

Proposed improvements to accounting for hedging activities
A recent proposal would better align the financial reporting of hedging relationships with entities’ risk management activities.
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Proposed premium amortization on purchased callable debt securities
The FASB proposes requiring the premium on purchased callable debt securities to be amortized to the earliest call date.
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FASB proposes additional corrections to new revenue guidance
A recent proposal would affect narrow aspects of the guidance issued in ASU 2014-09.
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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.