Stay relevant with the latest technical accounting and financial reporting developments from the FASB, SEC, AICPA and other regulatory bodies.

FASB Issues Guidance to Determine the Customer in Service Concession Arrangements of Share-Based Payment Awards

May 22, 2017

On 16 May 2017, the FASB issued ASU No. 2017-10, Service Concession Arrangements (Topic 853): Determining the Customer of the Operation Services. The FASB issued this ASU to eliminate diversity in practice in how an operating entity determines the cu ...

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AICPA Releases New Standards on Evaluating Cybersecurity Risk Management Programs

May 17, 2017

In response to growing market demand from customers, vendors, business partners and regulators for useful information about an entity’s cybersecurity risk management efforts, the AICPA has expanded the options available for organizations to vol ...

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FASB Issues Updated Guidance on Modification of Share-Based Payment Awards

May 11, 2017

On 10 May 2017, the FASB issued ASU No. 2017-09, Compensation—Stock Compensation (Topic 718) — Scope of Modification Accounting. The FASB issued this ASU to provide clarity, eliminate diversity in practice and reduce cost and complexity when appl ...

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March 2017 Highlights: ASUs (Proposed and Issued), Relevant Effective Dates, and Carve-Out Financial Statements

Apr 4, 2017

The FASB issued two new Accounting Standards Updates in March 2017. Additionally, we deliver some insights regarding carve-out financial statements. EXPLORE> ...

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FASB Proposes Improvements to Nonemployee Share-Based Payment Accounting

Mar 9, 2017

On 7 March 2017, the FASB issued a proposed ASU, Compensation – Stock Compensation (Topic 718). The FASB issued this proposed ASU as a part of its Simplification Initiative to maintain or improve the usefulness of the information provided to the us ...

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February 2017 Highlights: ASUs (proposed and issued), relevant effective dates, and new lease accounting standard (ASC 842)

Mar 9, 2017

The FASB issued two new Accounting Standards Updates in February 2017. Continuing with the message we delivered in January, we expect a busy 2017 as the FASB has as extensive list of active projects on its agenda. EXPLORE> ...

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