AM Now: SEC & IASB Updates, FinCen BOI Reporting, Malaysia / ISSB Standards

Just as you suspected, your AM Now hosts Adam Olsen and Matt Fisser are back to bring the accounting and finance news heat, including stories on:

• The SEC proposal on increasing the threshold for qualifying venture capital funds
• The Small Business Capital Formation Advisory Committee discusses updates to the Accredited Investor Definition and examines the current state of the IPO market
• FinCEN's new BOI reporting requirement targets small businesses to enhance financial transparency, with certain exemptions and deadlines for compliance.
• The IASB delays the release of a new standard, expected to be IFRS 19, aimed at simplifying financial disclosures for subsidiaries without public accountability.
• Malaysia is considering adopting ISSB standards for sustainability reporting, seeking public feedback on implementation, with a phased approach for mandatory compliance.

For more information on these and related topics:

SEC Proposes Rule to Raise Threshold for Qualifying VC Funds

Agenda - Meeting of SEC Small Business Capital Formation Advisory Committee

BOI: Beneficial Ownership Information

Malaysia Launches Consultation on Adoption of IFRS Sustainability Reporting Standards

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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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