United States
The SEC recently extended its annual reports filing deadline by 30 days for broker-dealers that meet certain requirements.
The Anti-Fraud Collaboration recently analyzed SEC enforcement actions regarding financial statement fraud schemes.
An updated AICPA guide addresses the unique aspects of the preparation and auditing of financial institution financial statements.
The IASB’s recent amendments address the transition to alternative interest rate benchmarks as a result of benchmark reform.
We have updated our white paper, which provides an overview of lessor accounting under ASC 842 for financial institutions.
Our summary highlights several regulations affecting broker-dealers that recently have been issued or updated.
An interagency policy statement has been issued in response to the issuance of FASB Accounting Standards Update 2016-13
FASB votes to defer the effective dates of leases, CECL and hedging for certain entities and insurance for all entities.
A recent FDIC rule addresses the reporting requirements related to risk-based capital ratios for certain community banks.
If finalized, a recent FASB proposal would defer the effective dates for certain of its guidance for certain entities.
FASB decides to propose deferring the effective dates for leases, credit losses, hedging and insurance for certain entities.
The SEC recently issued a clarification to the single issuer exemption for broker-dealers, which is effective August 13, 2019.
We recently updated our hedging guide for the clarifications made by FASB Accounting Standards Update 2019-04.