 Compositional inverse of a formal power series

A formal power series with zero constant coefficient has a compositional inverse over $R$ exactly when its linear coefficient is a unit. Starting with $b_1=a_1^{-1}$, the degree-$k$ coefficient of $f(b_{1}T+\cdots +b_k{T}^k)$ is $a_1{b}_k$ plus an expression already determined by lower coefficients, so recursion gives a unique inverse. For a homomorphism of formal group laws, cancellation in the homomorphism identity proves that this inverse is also a formal-group homomorphism.