Regulatory News

Seeing Through the Chaos: An Accountant’s Lens

Accounting & Auditing, Members Only, Regulatory News /

By: Dr. Amelia Hart, CPA, and Steve Sledge, CPA Recent economic developments, including shifts in inflation trends, interest rate fluctuations, global supply chain considerations, and evolving geopolitical conditions, are prompting many organizations to evaluate how recent events will impact their financial reporting processes and respective results. These dynamics can impact considerations around asset valuations, fair […]

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FASB Clarifies Interim Effective Date for New Disaggregation of Income Statement Expenses Standard for Non-Calendar Year-End Entities

Accounting & Auditing, Regulatory News /

https://www.fasb.org/news-and-meetings/in-the-news/fasb-clarifies-interim-effective-date-for-new-disaggregation-of-income-statement-expenses-standard-for-non-calendar-year-end-entities-420531

FASB Clarifies Interim Effective Date for New Disaggregation of Income Statement Expenses Standard for Non-Calendar Year-End Entities Read More »

PCAOB Adopts New Requirements To Standardize Disclosure of Firm and Engagement Metrics and To Modernize the PCAOB’s Reporting Framework

Accounting & Auditing, Regulatory News /

https://pcaobus.org/news-events/news-releases/news-release-detail/pcaob-adopts-new-requirements-to-standardize-disclosure-of-firm-and-engagement-metrics-and-to-modernize-the-pcaob-s-reporting-framework  

PCAOB Adopts New Requirements To Standardize Disclosure of Firm and Engagement Metrics and To Modernize the PCAOB’s Reporting Framework Read More »

SEC’s New Promulgation on Climate-Related Disclosure Rules

SEC’s New Promulgation on Climate-Related Disclosure Rules

Accounting & Auditing, Members Only, Regulatory News /

By: Josef Rashty, CPA In March 2024, the SEC adopted its new climate-related disclosure rules (hereinafter, rules) for public business entities (PBEs).1 The rules require a comprehensive discussion of material climate-related risks, identification of climate-related goals, and related greenhouse gas (GHG) emissions. The rules have substantive requirements similar to those in the Task Force on Climate-related

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