Accounting Matters

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 they do every week, Embarkers Adam Olsen and Nicole Harger are here to deliver the accounting and finance news, including: A brief overview of the SEC’s most recent rule amendments governing beneficial ownership reporting Tentative board decisions coming from the FASB’s October 11th meeting.  Findings from the TCFD’s 2023 status report. For more information on these and related topics: SEC...

As promised, given the size and importance of the EU’s CSRD and ESRS – and what they might mean for your company and reporting – we’re coming back at you with part 2 of our discussion on this critical topic. So, as usual, find a comfy seat because Embarkers Nicole Harger, Adam Olsen, and Robby Sunberg are coming at you with a metric ton of invaluable insights. For more information on CSRD, ESRS, a...

Don’t fear, friends…Embarkers Adam Olsen and Matt Fisser are back with what’s going on in accounting and finance this week, including: ASU 2023-06, the FASB’s response to the SEC’s Disclosure Update and Simplification Initiative. The FASB’s Oct 4 meeting focused on two key items: Codification improvements and EITF Issue No. 23-A, “Induced Conversions of Convertible Debt Instruments.” California’s...

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...

In this week’s episode of Accounting Matters, Embarkers Adam Olsen, Zac Smith, and Nicole Harger discuss a topic that’s been on a lot of CFOs’ minds lately – ASC 326, better known as CECL. This time, it’s private companies stepping into the batter’s box, and our   resident GAAP gurus are here to provide all of the juicy details. So join in, won’t you?! For more information on CECL and related topi...

If you want to know what’s going on this week in accounting and finance, Adam Olsen and Nicole Harger have your back with some critical updates, including: An update on the tentative FASB board decisions on its project focused on the accounting for and disclosure of software costs. Decisions from the Emerging Issues Task Force (“EITF”) that, if a consensus is reached, would require entities to app...

Want to know what’s happening in accounting and finance today? Then join Adam Olsen and Nicole Harger for this episode of AM Now, where they discuss: CA SB 253 and SB 261, requiring certain U.S. companies to disclose their complete GHG emissions across their value chains as well as climate-related risks  The EU Commission consultation to enhance sustainable financial disclosure practices, particul...

As comprehensive as your financial reporting should be, it’s not the end-all-be-all. In fact, as we dicsuss in this episode of the Accounting Matters podcast, plenty can slip through the GAAP cracks, making non-GAAP measures/disclosures critical for stakeholders. So join us for a lively convo on these measures, including some key best practices and insights from Embark’s troop of SEC reporting dyn...

Pull up a chair, good friend, because Embarker Matt Fisser is back with even more news from the accounting and finance world, including: The FASB Board’s recent deliberation on accounting for and disclosing crypto assets, also confirming the scope of the proposed ASU The SEC’s Division of Corporate Finance released an illustrative letter with sample comments to guide companies in their use of XBRL...

Have a seat for another week of updates from the accounting & finance world, where Embarkers Adam Olsen and Matt Fisser discuss topics like: An investor coalition with >$1B assets recently urged the International Sustainability Standards Board (ISSB) to prioritize human capital and human rights in its next round of global reporting standards. The FASB‘s recent board meeting, discussing one...

The digital world is bananas. You’ve seen The Matrix, right? Countless bad peeps with bad intentions, all staring lovingly at your critical business data – and not in a good way. So join us for this very special episode of the Accounting Matters podcast as we dive into the new SEC cybersecurity rules, why they’re so essential, and, perhaps most importantly, what they mean for your company and fina...

Guess what? Embarkers Adam Olsen and Nicole Harger are back at it with this week’s goings-on in accounting and finance, including: The FASB’s recent Accounting Standards Update 2023-05 aimed at enhancing transparency and consistency in financial reporting for joint ventures. New SEC rules and amendments under the Advisers Act designed to provide better safeguards for investors and ensure greater t...

Join AM Now hosts Adam Olsen and Nicole Harger for another dose of what’s happening in accounting and finance these days, including: Highlights from the recently released third annual FASB Investor Outreach Report, which sheds light on the Financial Accounting Standards Board's engagement with investors  Overview of the EU's Carbon Border Adjustment Mechanism (CBAM) and the European Commission’s n...

Startups have a lot going on. A lot. But all the growth in the world won’t matter if you aren’t building a solid accounting and reporting foundation. Enter our new Start-Up Company Series of episodes, focusing on financial reporting basics – the balance sheet this go-around. So join Embarkers Adam Olsen, Zac Smith, and Mack Martinez for insights, tips, and best practices specifically for startups....

To state the obvious, rev rec has some teeth. But construction and engineering companies face even more potential potholes than most thanks to a nuanced industry filled to the brim with complex contracts. That's why Embarkers Adam Olsen, Zac Smith, and Donald Thomas devoted an entire Accounting Matters episode on 606 issues for construction and engineering companies. Enjoy! For more information on...

Once again, AM Now hosts Adam Olsen and Matt Fisser are here to deliver news from the accounting and finance world, including: Warnings from the PCAOB and SEC on “assurance” work for crypto companies The IASB recently released amendments to IAS 21, the effects of changes in foreign exchange rates The IAASB’s unanimous thumbs up to the ISSA 5000 draft, General Requirements for Sustainability Assura...

Your AM Now hosts Adam Olsen and Matt Fisser are back this week to deliver more news from the accounting & finance world, including: The finalization of the European Sustainability Reporting Standards (ESRS) ISSB on the importance of interoperability between climate disclosure standards UK plans to create Sustainability Disclosure Standards (UK SDS) Final rule on cybersecurity from the SEC Mor...

Building on our recent “GHG 101 – Introduction to Carbon Accounting” episode, Embarkers Adam Olsen, Zac Smith, and Fabian Garavito roll up their sleeves a bit higher this week. Want to know what emission factors involved in GHG (greenhouse gas) accounting and reporting mean for your accounting and reporting functions going forward? You came to the right place…so dig in! For more information on car...

Once again, your AM Now hosts Adam Olsen and Nicole Harger are here to discuss recent accounting news, including: Newest update from the FASB, ASU 2023-03 SEC sample letter on China-related disclosures ESMA on sustainability disclosures in prospectuses ISSB proposed IFRS sustainability disclosure taxonomy IOSCO’s key endorsement of the ISSB’s sustainability-related financial disclosures For more i...

As if ASC 606 wasn’t complicated and challenging enough! Software companies face even higher hurdles than most thanks to a nuanced industry filled to the brim with complex arrangements. But have no fear because Embarkers Adam Olsen, Zac Smith, and Donald Thomas have your back in this episode of the Accounting Matters podcast, packed with insights and best practices to ease your rev rec woes. For m...

Ready for some hot accounting topics? Join hosts Adam Olsen and Matt Fisser as they discuss what’s happening in accounting these days, including: Recent money market reforms from the SEC The SEC’s proposed amendments to broker-dealers The GASB’s newly published guide on leases and IT subscriptions    For more information on these and related topics: SEC Adopts Money Market Fund Reforms and Amendme...

AM Now hosts Adam Olsen and Nicole Harger are at it again, delivering yet another round of critical updates from the accounting world, including: The FASB’s proposed standard update to improve the accounting for purchased financial assets under ASC 326 A quick recap of the recent Private Company Council (PCC) meeting held at the end of June The IFRS Foundation takes over the monitoring of sustaina...

Are you a public entity? And have you acquired – or will acquire – a significant business? Well, then do we have a stout SEC reg for you. Meet S-X Rule 3-05, a key piece of regulation registrants must know to file financial statements for an acquired business. And wouldn’t you know it – Embarkers Adam Olsen and Zac Smith cover that very topic on this episode of Accounting Matters. So pull up a sea...

AM Now hosts Nicole Harger and Matt Fisser break down this week’s news on the accounting front, including: The IFRS announced it officially launched its new global sustainability and climate disclosure standards (GSCR). The SEC reopened its comment period for its proposed rule on position reporting of large security-based swap positions. PCAOB issues a proposal to bring greater clarity to certain...