Accounting Matters

Your trusty AM Now hosts Adam Olsen and Matt Fisser are at it again, bringing you the accounting and finance stories you need to know, including: The SEC’s statement on IFRS 19 reducing disclosures for certain subsidiaries and the impact on SEC filings, including any additional disclosures likely required. The SEC provided relief to BF Borgers clients with additional time to hire a new public acco...

AM Now hosts Adam Olsen and Nicole Harger are back in the saddle, delivering this week’s most important accounting and finance stories, including: The FTC’s recent ruling essentially banning the use of non-compete agreements in nearly all instances The FASB discussion on disaggregating income statement expenses, its ASC 606 post-implementation review, and feedback on financial statement measuremen...

Join us on Accounting Matters for a conversation about the intricacies of accounting for crypto assets under the latest guidance from the Financial Accounting Standards Board, ASU 2023-08. Connect with Embark on: LinkedIn Instagram Twitter Facebook YouTube Listen to Accounting Matters on Apple Podcasts and Spotify.

As always, your AM Now hosts Adam Olsen and Matt Fisser are here to deliver the recent accounting and finance stories you need to hear, including: A quick discussion on the hot-off-the-presses IFRS 18, Presentation and Disclosure of Financial Statements. The CSDDD was voted into adoption and will become law this year. Finally. A new guide from the IFRS Foundation and EFRAG to help companies naviga...

Your trusty AM Now hosts Adam Olsen and Nicole Harger return with another batch of essential accounting and finance stories, including: Update on FASB’s discussion on accounting for government grants Another update from FASB, this time on ASC 815—Derivatives and Hedging FASB’s redeliberations on the Interim Reporting (Topic 270) ASU The SEC’s adoption of amendments to a rule under the Investment A...

You’ve read the headlines. Perused the articles. Maybe even had a convo or two on the topic. But now it’s time to get to the ESRS nitty gritty with your trusted Accounting Matters embarkers. So get comfy with Nicole Harger, Adam Olsen, and Robby Sunberg for this first half of a two-fer on all things CSRD and ESRS. You, your sustainability reporting, and stakeholders won’t be sorry. For more inform...

Your AM Now hosts Adam Olsen and Nicole Harger are back again to deliver the recent accounting and finance stories you need to hear, including: Update on the legal proceedings surrounding the SEC’s climate-related disclosure rules FASB has issued the first two Accounting Standards Updates of 2024 FASB’s tentative decisions on its accounting for internal-use software costs project Update on FASB’s...

Once again, your AM Now hosts Adam Olsen and Nicole Harger are here with the accounting and finance stories you don’t want to miss, including: The SEC adopted final climate disclosure rules after receiving 24,000 comments. The SEC's climate rule faces legal challenges from fracking companies and critics. FASAB proposes guidance for reporting seized and forfeited digital assets. Financial Accountin...

In this episode of "Accounting Matters," we cover the unveiling of the SEC's long-awaited climate-related disclosure rule. Exploring its implications for businesses and investors alike, we dissect the significance of this regulatory milestone and its potential impact on financial reporting standards.

In this episode, we explore the impact of a significant FASB update, ASU 2023-07, on segment reporting standards. This update responds to investor demands for clearer financial transparency, introducing stricter disclosure rules for public entities.

As always, your AM Now hosts Adam Olsen and Nicole Harger are back with the week’s biggest accounting and finance stories, including: The 3/6 SEC meeting on the climate disclosure rules Recap of the recent IFRS Sustainability Symposium The provisional agreement to establish an EU carbon removals certification framework Anti-greenwashing laws recently adopted by the European Council The FASB’s rece...

A lot goes into a successful business transaction. A lot. So in this first part of our latest M&A series, your faithful Embarkers are taking a deep dive into all of those pre-transaction activities that help ensure you start off on the right foot. A little bit of due diligence goes a long way so pull up a chair! For more information on buy-side transactions and related topics: Buy-Side Due Dil...

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 ne...

Join us on this episode of Accounting Matters as we discuss the complexities of the CSRD's double materiality framework. We dive into the significance of materiality in sustainability reporting. From understanding the dimensions to practical considerations in the assessment process, we guide our listeners through the intricate world of sustainability reporting under the CSRD.

Your AM Now hosts Adam Olsen and Nicole Harger are back at it again with critical accounting and finance stories from the week that was, including: Updates from the recent FASB Board meeting on Topic 815, Hedge Accounting Improvements New York's S5437 and S897A bills push for pioneering sustainability disclosures in the finance and corporate sectors. China enforces sustainability reporting for all...

It’s once again time for your AM Now hosts Adam Olsen and Matt Fisser to deliver  what’s going on in accounting and finance this week, including stories on: The SEC adopted final rules to enhance disclosures and provide additional investor protections in IPOs by SPACs and in de-SPAC transactions. The postponement of certain CSRD elements by two years, including sector-specific sustainability discl...

In this episode of 'Accounting Matters,' we guide private companies through key accounting developments, covering standards like CECL, simplified goodwill impairment, and supplier finance program disclosures. Additionally, we discuss what lies ahead in the new year.

Your trusty AM Now hosts Adam Olsen and Nicole Harger are serving up yet another episode of tasty accounting and finance stories for you, including: SEC registrants should expect a significant uptick in their Staff Accounting Bulletin SAB 74 disclosures due to the impending adoption of numerous Accounting Standard Updates (ASUs). EFRAG has initiated a public consultation on two Exposure Drafts  –...

You’ve read the headlines. Perused the articles. Maybe even had a convo or two on the topic. But now it’s time to get to the ESRS nitty gritty with your trusted Accounting Matters embarkers. So get comfy with Nicole Harger, Adam Olsen, and Robby Sunberg for this first half of a two-fer on all things CSRD and ESRS. You, your sustainability reporting, and stakeholders won’t be sorry. For more inform...

Your AM Now hosts Adam Olsen and Nicole Harger kick off 2024 with another episode of accounting and finance stories you need to hear, including: The invalidation of the SEC's share repurchase rule by the U.S. Court of Appeals. CorpFin’s statement on the SEC's cybersecurity disclosure rule. Two new accounting standards by FASB: ASU 2023-09, revising income tax disclosures, and ASU 2023-10, addressi...

In this episode of Accounting Matters, Adam and Nicole dissect California's Climate Accountability Package, focusing on Senate Bills 253 and 261. They unravel the mandatory disclosure of greenhouse gas emissions, including Scope 1, Scope 2, and Scope 3, for companies operating in the state.  We provide valuable insights into compliance challenges, the role of the California Air Resources Board, an...

In this episode of Accounting Matters, Adam and Nicole dive into the complexities of audit preparation for companies closing their books in 2023. Drawing from their extensive public accounting experience, they explore common challenges, such as headcount shortages and the impact of significant transactions on readiness. We also discuss the importance of documentation, effective auditor collaborati...

As always, your AM Now hosts Adam Olsen and Nicole Harger are here delivering this week’s accounting and finance news, including: The latest on the SEC’s still-brewing requirements on climate change disclosures The novel new proposed reporting framework from the AICPA for issuers of stablecoins The FASB adding a project to its technical agenda to refine the scope of ASC 815, Derivatives and Hedgin...

In this episode of 'Accounting Matters,' we provide a thorough recap of the 2023 AICPA Conference on Current SEC and PCAOB Developments. So join us as we cover key insights such as risk assessment in financial reporting, high-quality accounting standards, and emerging trends in ESG reporting and more! Connect with Embark on: LinkedIn Instagram Twitter Facebook YouTube Listen to Accounting Matters...

In this week's episode of AM Now, Matt Fisser takes the reins while Adam and Nicole attend the AICPA conference. Matt covers the SEC's emphasis on the statement of cash flows, emphasizing its integral role in financial statements and the need for consistent scrutiny and audit procedures.  He also explores other topics, including the FASB's recent ASU on reportable segment disclosures, providing a...