Financial Reporting Insights

A biweekly resource for recent financial reporting developments

This page provides access to the most recent editions of Financial Reporting Insights. For access to an 18-month archive of Insights articles organized by topic, visit our Financial Reporting Resource Center.

August 22, 2017

• Full issue
• Revenue recognition resources updated for recent developments
• Proposed clarifying guidance for contributions received and made

August 8, 2017

• Full issue
• An introduction to the new auditor reporting model
• Auditor involvement with exempt offering documents
• FINRA and SIPC streamline broker-dealer reporting process
• Proposed Implementation Guide: Financial reporting for OPEB

July 25, 2017

• Full issue
• Revenue recognition: Lessons learned from an early adopter
• Some PBEs may use private company effective dates for ASC 606 and 842
• Proposed disclosures related to debt

July 11, 2017

• Full issue
• Our commitment to audit quality and professional excellence
• Accounting for leases
• SEC expands draft registration process
• Disclosures for new accounting standards
• Proposed improvements to related party guidance for VIEs
• Proposed elimination of Topic 995, "U.S. Steamship Entities"
• Proposed elimination of certain guidance for savings and loans

June 27, 2017

• Full issue
• Changes to revenue recognition in the life sciences industry
• Update to long-lived asset impairment snapshot for ASU 2017-04
• Expected issuance of anticipated new standard on hedge accounting
• Form AP tool for audit committees
• Proposed narrow amendments to IAS 16

June 13, 2017

• Full issue
• Quarterly accounting update webcast—Summer 2017
• Accounting for debt and equity instruments in financing transactions
• Changes to revenue recognition for not-for-profit organizations
• Draft 2017 OMB Compliance Supplement available for audit planning
• PCAOB adopts auditor reporting standard
• PCAOB proposes standard for auditing accounting estimates
• Proposal: Auditor's use of the work of specialists
• Uncertainty over income tax treatments

May 24, 2017

• Full issue
• Stock compensation: Scope of modification accounting
• Customer of operation services in a service concession arrangement
• FASB tentative decisions regarding down round features
• Uniform Guidance: Procurement grace period extension
• Guidance issued for certain debt extinguishment issues
• Implementation Guide: Financial reporting for OPEB plans
• Questions regarding ASU 2015-12
• IASB issues standard for insurance accounting