Accounting Matters

Accounting for GHG (greenhouse gasses) is exactly how you think it is – unfamiliar and complex. And, like it or not, it’s going to be a requirement for many businesses soon. So join Embarkers Adam Olsen, Zac Smith, and Fabian Garavito for a discussion on carbon accounting, the common frameworks and disclosures in place, and what you need to do to help your business capture and report the right dat...

In this episode of AM Now, hosts Adam Olsen and Matt Fisser cover a veritable potpourri of accounting news, including: The SEC spring 2023 reg-flex update on the expected timing of the final climate change disclosure rule, ESG investment practices, cyber risk disclosures, and more Continued discussions from the EITF on its recently added project, EITF Issue No. 23-A: Induced Conversions of Convert...

In this episode of AM Now, your hosts Adam Olsen and Nicole Harger dive deep into this week’s accounting news, including: The FASB describes a reporting entity in the recently released Chapter 2 of the Conceptual Framework. The SEC adopting three rules, two relating to the securities-based swaps markets and another removing and replacing references to credit ratings from existing exceptions in Rul...

Making the switch from cash to accrual accounting is like being called up to the majors – it’s a big deal. To help you with that transition, Embarkers Adam Olsen, Zac Smith, and Mack Martinez take a deep dive into the process in this episode of Accounting Matters. So dig in, because some prime-grade insights and best practices are heading your way. For more information on accrual accounting and re...

As always, you’re trusty AM Now hosts, Adam Olsen and Matt Fisser, are here to discuss this week’s accounting news, including: The IASB’s new disclosure requirements to enhance the transparency of supplier finance arrangements, including effects on a company’s liabilities, cash flows, and exposure to liquidity risk. The GASB recently adding a new project to its technical agenda, focusing on the ac...

Accounting for environmental credits might not make splashy headlines but that doesn’t mean they aren’t important. Soon to be critical, in fact. So join Embarkers Adam Olsen, Zac Smith, and Nicole Harger for this area of accounting that’s playing an increasingly vital role in an ESG-dominated landscape for CFOs and their teams. For more information on accounting for environmental credits and relat...

Join AM Now hosts Adam Olsen and Nicole Harger for a lively discussion on what’s happening in the accounting world this week, including: The FASB’s tentative board decisions relating to its proposed accounting standard update for disclosure improvements The International Sustainability Standards Board’s (ISSB) consultation on agenda priorities The International Auditing and Assurance Standards Boa...

In another gangbuster of an AM Now episode, your hosts Adam Olsen and Nicole Harger discuss what’s happening this week in the accounting world, including: An overview of the FASB’s newest proposed standard on accounting for profits interest awards A summary of the topics discussed and outcomes from the Private Company Council’s most recent meeting, including software costs, crypto assets, stock co...

Manual processes are every finance organization’s kryptonite – slow, tedious, susceptible to errors and inaccuracies. But as Embarkers Adam Olsen, Zac Smith, and Hayden McHan discuss in this episode of Accounting Matters, Alteryx puts those issues to rest with automated efficiencies that your people, stakeholders, and auditors will all love. For more information on Alteryx and automation: Alteryx...

In this week’s AM Now, hosts Adam Olsen and Matt Fisser cover a veritable cornucopia of accounting topics, including: The FASB added a new project to its Emerging Issues Task Force – induced conversion accounting on certain settlements of convertible debt instruments that occur on terms that differ from the stated contractual conversion provisions. Now that’s a mouthful. The SEC’s recently issued...

A bit mystified by EXtensible Business Reporting Language, aka XBRL? Then you’re in the right place, because Embarkers Adam Olsen, Zac Smith, and Sarah Keiffer just took a deep dive into all things XBRL, discussing the who, what, where, when, and why behind this curious but impactful little reporting acronym. So come along for the ride, shall you?! For more information on XBRL and related topics:...

Join hosts Adam Olsen and Nicole Harger for this week’s AM Now where they discuss: NASBA changing its Uniform Accountancy Act Model Rules, increasing the time a CPA candidate has to complete the exam after passing the first section from 18 months to 30 months A recent PCAOB report discussing the importance of a more skeptical eye when auditing a company’s financials As ubiquitous and successful as...

This week in AM Now, Embarkers Adam Olsen and Matt Fisser discuss what’s happening on the accounting and finance front, including: The PCAOB’s ongoing concerns over audit quality and how they’ll address them in their 2023 inspection plans. The SEC just reopened the comment period for its proposed amendments to the definition of “exchange” under the Exchange Act in light of crypto assets and DeFi s...

In the latest episode of your favorite accounting podcast, Accounting Matters hosts Adam Olsen and Zac Smith dissect the SEC’s final rule on pay vs. performance. Executive comp is a hot button issue sitting under a hot spotlight – and that’s an awful lot of hotness. So pull up a seat, registrants, because this is an important one you’re going to want to take notes on. For more information on pay v...

Join Embarkers Adam Olsen and Nicole Harger for this week’s AM Now, where they discuss what’s going on in the world of accounting and finance, including: The FASB’s proposed ASU on joint venture formations Update on potential recognition and measurement models on accounting for software costs ISSB transition relief for IFRS S1, the general requirement disclosure for sustainability-related financia...

In this week’s AM Now, Embarkers Adam Olsen and Matt Fisser discuss what’s going on in the world of accounting and finance, including: ASU 2023-02, Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method Updates on FASB projects – the conceptual framework (reporting entity), income statement expense disaggregation, and credit losses for acquired financial ass...

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...

Join us for the latest episode of AM Now, where hosts Adam Olsen and Nicole Harger discuss: Hot off the presses – ASU 2023-01, Common Control Lease Arrangements Update on the FASB’s fast-moving crypto asset project and proposed disclosures The IASB exposure draft on accounting for financial instruments under IFRS 7 The SEC’s proposed modernization of forms, filings, and materials submissions Texas...

In this week’s AM Now, Embarkers Adam Olsen and Matt Fisser tackle:: The FASB’s proposed enhancements to income tax disclosures The SEC’s recently proposed three rules related to cybersecurity and data breaches The IASB accelerating standards on disclosures concerning supply chain finance programs Key considerations for companies as they transition from audit season to proxy season For more inform...

In this episode of Accounting Matters, Embarkers Adam Olsen and Zac Smith zoom in on sustainability-linked debt, how it works, why it exists, and the potential complications it might cause for accounting teams. So pull up a chair and have a listen! For more information on sustainability and ESG-related topics: ESG Reporting Best Practices: Implementation & Beyond Effective ESG Leadership: A Co...

In this particularly timely episode of AM Now, Embarkers Adam Olsen and Nicole Harger roll up their sleeves to discuss: The recent banking crises, ASC 275, FDIC insurance, risk management, and other areas finance leaders should know in light of the events around SVB & Signature Bank Auditing standard and digital asset updates from the AICPA  by way of SAS 149 and its Digital Assets Practice Ai...

In this episode of your favorite weekly accounting & finance podcast, AM Now hosts Adam Olsen and Matt Fisser discuss: The SEC’s continued focus on non-GAAP measures Artificial intelligence’s potential in capital allocation decisions for investors The recent IFRS Sustainability Symposium, the ISSB and their standards    So join in on the party, shall you? For more information on these and rela...

Join Embarkers Adam Olsen, Zac Smith, and Chase Anderson for a hearty conversation on the recent “executive clawback” ruling from the SEC. They discuss the rule itself, where “Big R” and “Little r” restatements fit into the mix, and what it all means for corporate accounting and leadership teams. So pull up a chair and have a listen! For more information on executive clawbacks and related topics:...

In this week’s AM Now, Embarkers Adam Olsen and Nicole Harger look at the recent inflation report from the US Department of Commerce, the interest rate environment, and how they can impact impairment and valuation analyses, cash flow, MD&A disclosures, and more. The dynamic duo also touch on FASB website enhancements, CPA licensure education requirements, and the recent move from the ISSB on s...

Join Embarkers Adam Olsen and Matt Fisser for this week’s AM Now episode, where they’re taking a dive into PCAOB oversight (or lack thereof) of crypto assets in the FTX aftermath, as well as the SEC revisiting the so-called Custody Rule. For more information on these and related topics: Crypto Accounting: Decrypting Digital Assets for CFOs and CAOs Lack of Crypto Audit Regulation Raises Questions...