United States
The OCC recently issued a Comptroller’s Handbook, which applies to OCC-supervised banks that have adopted ASU 2016-13.
The FASB staff recently made clarifying comments related to the new goodwill impairment triggering event alternative.
On April 12, 2021, the SEC issued a Staff Statement on Accounting and Reporting Considerations for Warrants Issued by SPACs.
Our white papers have been updated with more information regarding the accounting for PPP loans and the Employee Retention Credit.
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.
This updated version of our white paper will further assist franchisors in applying the new revenue recognition model in ASC 606.
FASB votes to finalize a goodwill impairment triggering event alternative for private companies and not-for-profit entities.
The SEC recently cautioned companies regarding necessary offering disclosures during times of extreme price volatility.
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.
Certain expedients available under ASC 848 may be relevant now to entities that hedge LIBOR-based debt instruments.
The CAQ has updated its framework for compiling inflation data to assist financial statement preparers in applying ASC 830.
The FASB has clarified that certain ASC 848 expedients and exceptions apply to derivatives affected by the discounting transition.
Potential extension of the financial reporting relief related to TDRs and CECL provided to certain financial institutions in the CARES Act.
FASB proposes a goodwill impairment triggering event alternative for certain private companies and not-for-profit entities.
Clarifications have been provided on the interagency statement on loan modifications for customers affected by COVID-19.
The GASB recently released a proposed implementation guide to address a wide array of practice issues related to GASB Statements.
We have published a new edition of our guide regarding the accounting for debt modifications, restructurings and exchanges.
The FASB will propose an ASU that would provide a goodwill impairment triggering event alternative for certain entities.