Adam Olsen and Matt Fisser are here to dish all of the post-Fourth of July accounting & finance news you need to know, including:
- FASB’s plans to improve ASC 350-40, requiring an entity to use more judgment to determine when to recognize software costs
- Progress on FASB’s project for disaggregation of income statement expenses
- Sneak peek at the AICPA’s update to their Valuation of Privately Held Company Equity Securities Issued as Compensation—aka the Cheap Stock Guide.
- Announced improvements to the SEC website
- New interpretive guidance from the SEC to clarify its recent cybersecurity rules
- IASB finalizing the revision of IFRS Practice Statement 1, Management Commentary
- ISSB’s plan to harmonize and consolidate the global sustainability disclosure landscape
- Update on the FTC rule effectively banning noncompete agreements in the US
For more on this week’s topics:
Listen to AM Now on Apple Podcasts and Spotify.
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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