Accounting Matters

This week in AM Now, Embarkers Adam Olsen and Matt Fisser discuss what’s happening on the accounting and finance front, including:

  • The PCAOB’s ongoing concerns over audit quality and how they’ll address them in their 2023 inspection plans.
  • The SEC just reopened the comment period for its proposed amendments to the definition of “exchange” under the Exchange Act in light of crypto assets and DeFi systems

For more information on these topics:

2023 Inspections to Prioritize Audit Risks Related to Fraud, the Financial Services Sector, Crypto
Crypto Accounting: Decrypting Digital Assets for CFOs and CAOs
SEC Reopens Comment Period for Proposed Amendments to Exchange Act Rule 3b-16 and Provides Supplemental Information

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What is Accounting Matters?

Accounting Matters lives up to its title, covering vital accounting topics that actually matter to professionals in the accounting trenches. We start with a new topic and definition every episode, then highlight and discuss the key areas, from evaluation to reporting. Accounting Matters is hosted by public accounting veterans Adam Olsen & Nicole Harger from advisory firm Embark.

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