Accounting Roundup: Year in Review — 2016

Published on: Dec 16, 2016

Welcome to the 2016 edition of Accounting Roundup: Year in Review. Key developments that occurred in 2016 included the following:

  • The FASB’s release of its much-anticipated standards on leases and credit losses as well as several ASUs on implementation issues associated with its new revenue standard.
  • The SEC’s increased focus on non-GAAP measures and continued work on its disclosure initiative.
  • The IASB’s issuance of its new leases standard as well as amendments to its revenue and nsurance contracts standards.
  • The United Kingdom's vote to leave the European Union in a June 23, 2016, referendum (the "Brexit vote") and its resulting financial reporting implications.

This publication was released by our US firm.

Download

Related Topics

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.