Quarterly Accounting Roundup — Year in Review — 2023
Published on:
Dec 19, 2023
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This edition of the Quarterly Accounting Roundup: Year in Review — 2023 grapples with a year marked by economic anxieties and a burgeoning focus on sustainability. Challenges like bank failures, capital constraints, and restructuring highlight the uncertain times, while rising international sustainability pressure manifests in Californian legislation and landmark disclosure standards from the ISSB and FASB. Notably, the FASB has issued various updates on topics ranging from reportable segments to crypto assets, while the SEC has ramped up regulations on cybersecurity and money market funds.
