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.

December 10, 2019

• Full issue
• Narrow-scope amendments to credit losses standard
• SEC Staff Accounting Bulletin No. 119
• Proposed Codification improvements

November 21, 2019

• Full issue
• ASUs defer various effective dates (including CECL & leases)
• Actuarial valuation: New mortality improvement scale released
• Share-based consideration payable to a customer
• Proposed clarifications to the derivatives and hedging standard
• 2019 Audit Committee Transparency Barometer
• Most often cited deficiencies in recent OCIE examinations

November 12, 2019

• Full issue
• 2019 Effective date reminder
• Updated white paper: Changes to revenue recognition for franchisors
• Recognizing costs in construction and production-type contracts

October 29, 2019

• Full issue
• Financial institutions: Fundamentals of LIBOR phase out and transition

October 15, 2019

• Full issue
• Proposal addresses replacement of Interbank Offered Rates
• FDIC finalizes community bank leverage ratio framework
• Solicitations of interest prior to a registered public offering
• Amendments address interest rate benchmark uncertainty

October 1, 2019

• Full issue
• Proposed guidance related to classifying debt as current or noncurrent
• Proposed accounting guidance for the effects of reference rate reform
• Updated white paper: Revenue recognition in the health care industry
• Proposed updated statistical disclosures for banks, savings and loans