Insight Article
Accounting update: A new home for operating leases
The Financial Accounting Standards Board (FASB) will begin requiring operating leases to be recorded on the balance sheet in 2019.
Ideas & Insights
Insight Article
Accounting changes affecting private equity funds
Learn about key accounting changes and related valuation, back-office and SBIC issues private equity funds should consider in 2017.
White Paper
A guide to accounting for business combinations (third edition)
A plain-English explanation of the accounting for a business combination accompanied by detailed examples, illustrations and checklists.
Video
Impact of CECL on specialty finance companies
If adopted early, FASB’s new credit impairment model, or CECL, could have a significant effect on specialty lenders as soon as 2019.
Insight Article
Tax Cuts and Jobs Act: Implications for financial institutions
An article with information about interagency guidance issued by banking regulators related to the Tax Cuts and Jobs Act.
Financial Reporting Insights
Additional hedge accounting benchmark interest rate proposed
The FASB has proposed adding a fifth U.S. benchmark interest rate that would be permitted in the application of hedge accounting.
Investment Industry Insights
Net capital treatment: Deferred taxes for aspect of ASC 606 adoption
The SEC has addressed the net capital treatment of deferred taxes related to certain capitalized costs under ASC 606 and ASC 340.
Financial Reporting Insights
Proposed changes to accounting for long-duration insurance contracts
A recent FASB proposal is intended to improve financial reporting for insurance companies that issue long-duration contracts.
Financial Reporting Insights
Webinar: Practical methods smaller community banks can use for CECL
A recent webinar provides methods smaller, less complex financial institutions may use in their implementation of CECL.
White Paper
Changes to revenue recognition impacting insurance entities
A summary of how entities in the insurance industry may be affected by the new revenue recognition guidance upon its adoption.
White Paper
Financial instruments: FASB standard on recognition and measurement
A high-level overview of the Financial Accounting Standards Board's financial instruments project classification and measurement standard.
Recorded Webcast
Key year-end accounting and tax issues for financial institutions
From CECL to tax legislation, what do you need to know? Register now for our Nov. 15 webcast for key tax and accounting updates.
Resource Center
Financial Reporting Resource Center: Insurance
This resource center provides insightful knowledge, recent developments and practice issues related to the insurance industry.
Insight Article
A Guide to Going Public
This guide will help your stakeholders determine if an IPO is the right path for your company by addressing some basic questions.
White Paper
Allowance for loan losses is a key due diligence concern
Buyers considering speciality lenders should focus on allowance for loan losses.
Article
Key year-end accounting and tax issues for financial institutions
Year-end accounting and tax considerations for your financial institution
Financial Reporting Insights
Electronic filing of broker-dealer annual reports with the SEC
Broker-dealers now have the option of filing their annual and supplemental reports with the SEC electronically in lieu of filing them in paper form.
Financial Reporting Insights
FASB clarifies certain hedge accounting matters
The FASB recently clarified the opportunity to transfer prepayable held-to-maturity securities to available-for-sale.
Financial Reporting Insights
FINRA's new Capital Acquisition Broker rules
The SEC recently approved a new set of FINRA rules under which capital acquisition brokers can elect to be governed.
Financial Reporting Insights
New rules relating to supplemental report of SIPC membership
The Securities Investor Protection Corporation recently adopted and the SEC has approved the SIPC Series 600 Rules relating to the supplemental ...