Ideas & Insights

We have updated our white paper to discuss the interaction of Subtopic 815-40 with the SEC’s guidance on redeemable securities.

Our article discusses interest capitalization for a mandatorily redeemable financial instrument classified as a liability.

A recent publication provides information about reporting ESG information in SEC submissions and related attestation engagements.

The International Accounting Standards Board has issued narrow-scope amendments to IAS 1, IAS 8 and IFRS Practice Statement 2.

This updated version of our white paper will further assist franchisors in applying the new revenue recognition model in ASC 606.

The SEC recently extended its annual reports filing deadline by 30 days for broker-dealers that meet certain requirements.

FASB votes to finalize a goodwill impairment triggering event alternative for private companies and not-for-profit entities.

The Auditing Standards Board has issued three proposed new standards for quality management at the firm and engagement levels.

The SEC recently cautioned companies regarding necessary offering disclosures during times of extreme price volatility.

The PCAOB recently summarized audit committee insights on auditor communications, new standards and emerging technologies.

A recent ASU addresses the accounting by a private-company franchisor for certain pre-opening services provided to a franchisee.

Our white paper has been updated to reflect recent financial reporting developments resulting from the Coronavirus pandemic.

The Anti-Fraud Collaboration recently analyzed SEC enforcement actions regarding financial statement fraud schemes.

Certain expedients available under ASC 848 may be relevant now to entities that hedge LIBOR-based debt instruments.

Our coronavirus white paper has been updated for financial reporting matters related to the Consolidated Appropriations Act, 2021.

The CAQ has updated its framework for compiling inflation data to assist financial statement preparers in applying ASC 830.

We have updated our hedging guide to refer to certain temporary optional expedients and exceptions included in ASC 848.

The FASB has clarified that certain ASC 848 expedients and exceptions apply to derivatives affected by the discounting transition.

Our article discusses weighting evidence in discerning whether a valuation allowance should be recognized for deferred tax assets.

The American Institute of Certified Public Accountants Audit and Accounting Guide, Gaming, was recently updated.