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Financial Reporting Insights
A biweekly resource for recent financial reporting developments
This page provides access to the most recent editions of Financial Reporting Insights. For access to an 18-month archive of Insights articles organized by topic, visit our Financial Reporting Resource Center.
October 5, 2021
- Full issue
- Discount rate for lessees that are not PBEs
- Proposal: Fair value measurement of certain equity securities
- Comment letter on FASB’s Invitation to Comment, Agenda Consultation
- SAS 136: Changes for employee benefit plans and their auditors
- OCC’s "Bank Accounting Advisory Series" – 2021 edition
- SEC comments on companies’ climate-change disclosures
September 16, 2021
September 7, 2021
- Full issue
- Monitoring inflation when applying ASC 830
- FINRA update: Financial and operational rules for broker-dealers
August 24, 2021
- Full issue
- Updates to SBA’s PPP loan FAQ for borrowers and lenders
- Recipient accounting for SVOG and RRF grants
- SEC statement on recent developments in China
- FASB updates Codification for SEC Releases
- Minor proposed amendment to transition requirements for IFRS 17
August 10, 2021
- Full issue
- Accounting for certain leases with variable lease payments
- Withdrawal of SBA loan necessity questionnaire for PPP loans
- PRF distributions: Delayed reporting and new reporting portal
- Anonymous hoax reports to ethics and whistleblower hotlines
- The external auditor’s responsibilities with respect to illegal acts
- GASB proposes omnibus statement
- IASB proposes reduced disclosures for certain subsidiaries
July 27, 2021
June 29, 2021
- Full issue
- Updated: Goodwill accounting alternatives for certain entities
- Coronavirus: Updates about certain Provider Relief Fund requirements
- Proposed guidance: Discount rate for lessees that are not PBEs
- Guidance regarding use of specialists and pricing information
June 15, 2021
- Full issue
- GASB issues implementation guidance
- GASB proposal: Accounting changes and error corrections
May 18, 2021
- Full issue
- RSM’s special pricing on Checkpoint technical accounting research tool
- Accounting for modifications of call options, including warrants
- FASB proposes to expand hedge accounting
- Claire Blanton appointed to Professional Ethics Executive Committee
- Jamie Klenieski appointed to the National Peer Review Committee
- SPACs: Auditor and audit committee considerations
- OCC issues Comptroller’s Handbook on Allowances for Credit Losses
- IFRS amendments to accounting for deferred tax
May 04, 2021
- Full issue
- FASB staff clarifying comments on new goodwill impairment alternative
- Assessment of the effectiveness of management review controls
- Proposal addresses lack of currency exchangeability
April 20, 2021
- Full issue
- Accounting for warrants and other instruments issued by SPACs
- SEC staff issues statement on select SPAC issues
- SEC cautions regarding SPAC liability risk
- PCAOB staff outlook for 2021 inspections
- IASB extends practical expedient for COVID-19-related rent concessions
April 6, 2021
- Full issue
- FASB provides goodwill impairment triggering event alternative
- The intersection of ESG matters with financial accounting standards
- A guide to PCAOB inspections
- Obtaining assurance on ESG information
March 23, 2021
- Full issue
- Accounting considerations for PPP loans and Employee Retention Credit
- Division of Examinations’ continued focus on digital asset securities
- Division of Enforcement forms Climate and ESG Task Force
- GASB issues Exposure Draft regarding compensated absences
February 26, 2021
- Full issue
- Interest capitalization for mandatorily redeemable instruments
- Early adoption of ASU 2020-06
- Updated white paper: Changes to revenue recognition for franchisors
- ESG reporting and attestation engagements
- SEC extends annual reports deadline for certain smaller broker-dealers
- IASB amends IAS 1 and IAS 8
February 15, 2021
- Full issue
- ASC 606 practical expedient for private-company franchisors
- Proposed quality management standards
- PCAOB conversations with audit committee chairs
- Offering disclosures during times of extreme price volatility
February 2, 2021
- Full issue
- Additional updates to Coronavirus: Financial reporting considerations
- Elections required for LIBOR-based hedging relationships
- Mitigating the risks of common fraud schemes
January 19, 2021
- Full issue
- Ongoing updates to Coronavirus: Financial reporting considerations
- Deferred tax asset valuation allowance
- Updates to our hedging guide for reference rate reform
- Monitoring inflation when applying ASC 830
- FASB clarifies scope of reference rate reform guidance
- GASB guidance for transition from Interbank Offered Rates
- Gaming Audit and Accounting Guide
- SEC disclosure guidance for SPACs