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 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

August 30, 2019

• Full issue
• ASC 842: An overview and a guide to lessee accounting
• New edition of our guide on accounting for debt and equity
• Updated white paper on changes to revenue recognition for NFPs
• Proposed delayed effective dates for long-duration insurance contracts
• Proposal: Auditing accounting estimates
• GASB issues implementation guide on lease accounting
• AICPA Accounting and Valuation Guide released
  

August 19, 2019

• Full issue
• A guide to accounting for investments, loans and other receivables
• FASB proposes deferred effective dates for leases, CECL and hedging
• Convertible instruments and contracts in an entity’s own equity
• The interaction between ASC 321, ASC 323 and ASC 815
• Proposed modernization of Regulation S-K Items 101, 103 and 105
• FASB Codification update: SEC disclosure update and simplification
• Proposed amendments to disclosure of accounting policies

July 30, 2019

• Full issue
• Proposed deferred CECL effective date and the definition of an SRC
• Second FASB Staff Q&A document: Estimating expected credit losses
• PCAOB audit committee resource CAMs
• Proposed amendments to accounting for deferred tax

July 23, 2019

• Full issue
• Auditor responsibilities for other information in annual reports
• Revised reporting on financial statements of plans subject to ERISA
• Waivers: Financial statements of entities other than the registrant
• Monitoring inflation when applying ASC 830
• Transitioning away from LIBOR
• Proposed narrow-scope amendments to credit losses standard
• OMB issues 2019 Compliance Supplement
• Proposed accounting guidance for Section 457 plans
• GASB proposes omnibus statement