Financial Reporting Insights: A bi-weekly resource

Most recent newsletter content

Proposed amendments to IFRS 17

Among other proposed amendments, the IASB has proposed deferring the effective date of IFRS 17, Insurance Contracts, by one year.

Financial Reporting Insights

This page provides access to Financial Reporting Insights, a biweekly resource for recent financial reporting developments.

GASB addresses accounting for Section 457 plans

Among other matters, recently issued GASB Statement No. 97 addresses the accounting and financial reporting for Section 457 plans.

IASB issues amendments to IFRS 17

The International Accounting Standards Board recently released several amendments to IFRS 17, Insurance Contracts.

Coronavirus: Lender accounting for PPP loans

We have updated our white paper to address the accounting by lenders for loans entered into under the Paycheck Protection Program.

Update: Valuation of noncontrolling interests in business combinations

We have updated our white paper that discusses estimating the fair value of a noncontrolling interest in a business combination.

COVID-19: SEC provides update on its targeted regulatory relief

The SEC recently provided a cross-Divisional update regarding its targeted regulatory relief related to the COVID-19 pandemic.

COVID-19: Continued importance of high-quality financial reporting

The SEC Chief Accountant recently addressed the continued importance of high-quality financial reporting in light of COVID-19.

GASB proposes coronavirus-related accounting guidance

The GASB has issued a proposed Technical Bulletin regarding the CARES act and certain outflows related to the coronavirus.

GASB issues guidance for subscription-based IT arrangements

The GASB recently issued guidance on the accounting for subscription-based information technology arrangements.