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.

SEC Staff Accounting Bulletin No. 119

SAB No. 119 includes SEC staff interpretations regarding policies and procedures for developing CECL models and related matters.

Proposed Codification improvements

The Financial Accounting Standards Board recently proposed changes to clarify, and make minor improvements to, the Codification.

Narrow-scope amendments to credit losses standard

ASU 2019-11 addresses issues raised by stakeholders during the implementation of the current expected credit losses standard.

2019 Audit Committee Transparency Barometer

A recent publication by the CAQ and Audit Analytics gauges how audit committees approach communication of oversight activities.

Proposed clarifications to the derivatives and hedging standard

The Financial Accounting Standards Board has proposed clarifications to certain sections of its 2017 hedge accounting standard.

Most often cited deficiencies in recent OCIE examinations

A recent OCIE Risk Alert discusses top compliance topics observed in examinations of registered investment companies.

Actuarial valuation: New mortality improvement scale released

The Society of Actuaries has released an updated mortality improvement scale, Scale MP-2019, for use by plan sponsors.

Share-based consideration payable to a customer

ASU 2019-08 provides guidance regarding the measurement and balance sheet classification of share-based payments to a customer.