United States
A recent ASU addresses the accounting by a private-company franchisor for certain pre-opening services provided to a franchisee.
The IASB has proposed amendments to IFRS 16 to clarify the seller-lessee’s accounting for a sale and leaseback transaction.
Our annual Effective Date Reminder lists pronouncements issued as of Nov. 1, 2020, which became effective on or after Jan. 1, 2020.
The SEC recently updated certain of its auditor independence requirements to more effectively focus the independence analysis.
A recent proposal would simplify how private-company franchisors analyze their performance obligations in accordance with ASC 606.
Constituents recently provided feedback to the FASB regarding issues encountered in the implementation of ASC 842.
The FASB recently issued requirements regarding the presentation and disclosure of contributed nonfinancial assets by nonprofit entities.
The SEC recently issued a final rule, which makes certain modifications to the existing definition of “accredited investor.”
FASB to propose deferring the effective dates of ASC 606 for private franchisors and ASC 842 for certain entities.
The CAQ recently published an audit committee tool that provides an overview of the new credit losses standard.