The AICPA & CIMA held its annual Conference on Current SEC and PCAOB Developments in December 2024. At the conference, SEC, PCAOB and FASB representatives, as well as other speakers provided their insights on the regulatory environment facing SEC registrants, their accountants and others involved in the public capital markets. Topics included the impact of the forthcoming change in presidential administration, compliance with recently issued accounting and financial reporting rules and standards and audit quality initiatives.
This Financial Reporting Insights discusses some of the accounting and financial reporting topics impacting not only SEC registrants but which also impact the financial reporting of private companies.