Financial Newsweek






» SEC shares comments on the FASB's proposed amendments to CON 8, Conceptual Framework for Financial Reporting


» FASB simplifies accounting for certain financial instruments with characteristics of liabilities and equity  


» FASB in Focus: FASB proposes targeted improvements to related-party guidance for VIEs


» IASB issues IFRS 17—the first truly international and comprehensive Standard for insurance contracts


Latest News

» IAASB issues publications to assist users in understanding similarities and differences between IAASB & PCAOB requirements

» SEC extends revenue and leases effective dates for certain PBEs

» FASB changes accounting for ‘down round’ financial instruments

» GASB proposes changes to debt disclosures

» SEC chairman signals plans to scale back corporate disclosure rules

» GASB establishes single approach to accounting for and reporting leases by state & local governments

» AICPA proposes revisions to independence rules for state and local government entities

» AICPA shares toolkit to document #audits appropriately & comply with standards, including evaluating #SOC1 reports

» FASB conducts early stage research about developing accounting standard for digital currencies



Financial reporting news

» FASB issues proposal to improve financial reporting associated with consolidation of variable interest entities

» Form AP: CAQ issues tool to assist audit committees in discussing the role of audit participants

» PCAOB Adopts New Standard to Enhance the Relevance and Usefulness of the Auditor's Report

» GASB issues final guidance on accounting for certain debt extinguishment

» IESBA proposes new guidance for professional skepticism and professional judgment

» GASB issues two Implementation Guides to provide clarity on requirements of GASB Standards

» AICPA issues new cybersecurity risk management reporting framework for management and CPAs

» SEC addresses common questions related to the use of the IFRS Taxonomy in company filings

» FASB seeks comments on the efficiency and effectiveness of GAAP Financial Reporting Taxonomy

» FASB issues final guidance on “Premium Amortization on Purchased Callable Debt Securities”

» FASB improves financial reporting of pension & other postretirement benefit plans

» FASB proposes simplifications to accounting for nonemployee share-based payments

» FASB finalizes changes for employee benefit plan interests in master trusts   

» FASB clarifies guidance related to the recognition of gains & losses from the derecognition of nonfinancial assets  

» FASB clarifies revenue recognition guidance related to certain transfers of nonfinancial assets


International Financial Reporting News

» FSB urges insurers to start implementation of IFRS 17 as soon as possible

» IASB proposes amendments to IAS 16, "Property, Plant and Equipment," to reduce diversity in practice

» IASB finalizes fundamental overhaul of insurance accounting: IFRS 17

» IASB proposes amendments to #IFRS 9 on symmetric prepayment options

» Accounting for non-GAAP earnings measures: IASB Board member discusses non-GAAP measures

» IFRS Foundation publishes Debrief video on IFRS for SMEs

» Leases one year on—putting IFRS 16 into practice

» IASB releases the conclusions of its 2015 Agenda Consultation along with its work plan for 2017-2021

» IASB issues amendments to insurance contracts Standard

» IFRS Foundation develops Guide to Common Practice Content





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Straight Talk: From the SEC



Small Business News

» SEC issues Small Entity Compliance Guide related to intrastate offering exemptions

» SEC staff issues small entity guide on changes to Exchange Act registration requirements under JOBS Act

» Crowdfunding: Small Business Capital-Raising Rules


Personal Finance News

» How will the new overtime rules affect workers?

» GovLoans.gov has information about government loans available to individuals

» Job Seekers Resource Center


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