This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.
  • CAQ document Image
  • CAQ issues publication on emerging technology

    May 17, 2019

    The Center for Audit Quality (CAQ) has released a publication, “Emerging Technologies, Risk, and the Auditor’s Focus — A Resource for Auditors, Audit Committees, and Management.”

  • SEC (US Securities and Exchange Commission) Image
  • SEC proposes changes to cross-border security-based swap transactions

    May 10, 2019

    The SEC has issued “Proposed Rule Amendments and Guidance Addressing Cross-Border Application of Certain Security-Based Swap Requirements,” which the Commission describes as “a package of rule amendments and interpretive guidance to improve the framework for regulating cross-border security-based swaps transactions and market participants.”

  • AICPA (American Institute of CPAs) Image
  • AICPA issues SAS 134 and SAS 135

    May 10, 2019

    The AICPA’s Auditing Standards Board has published two Statements on Auditing Standards (SASs): No. 134, “Auditor Reporting and Amendments, Including Amendments Addressing Disclosures in the Audit of Financial Statements,” and No. 135, “Omnibus Statement on Auditing Standards — 2019.”

News RSS Feed  Link
 
  • may Image
  • Audit Committee Brief — May 2019

    published May 21, 2019

    This edition highlights recent news items, publications, articles, and other topics of interest to audit committee members, with links for further information.

  • Heads Up — FASB issues targeted transition relief for entities adopting ASU 2016-13  Image
  • Heads Up — FASB issues targeted transition relief for entities adopting ASU 2016-13

    published May 15, 2019

    This Heads Up discusses the key provisions of the FASB’s recently issued Accounting Standards Update (ASU) No. 2019-05, "Targeted Transition Relief," which provides transition relief to entities adopting ASU 2016-13, "Measurement of Credit Losses on Financial Instruments." The amendments in ASU 2019-05 allow entities to elect the fair value option on certain financial instruments.

  • Heads Up — SEC proposes to ease qualifications for nonaccelerated filer status  Image
  • Heads Up — SEC proposes to ease qualifications for nonaccelerated filer status

    published May 14, 2019

    This Heads Up discusses the SEC’s recently issued proposed rule Amendments to the "Accelerated Filer and Large Accelerated Filer Definitions," which would revise the definitions of “accelerated filer” and “large accelerated filer” to exclude any issuer with both annual revenues of less than $100 million and public float of less than $700 million. The proposed amendments would expand the number of issuers that qualify as nonaccelerated filers and are thus eligible to take advantage of certain reporting accommodations offered to such issuers.

  • Heads Up — SEC proposes improvements to disclosures for business acquisitions and dispositions Image
  • Heads Up — SEC proposes improvements to disclosures for business acquisitions and dispositions

    published May 09, 2019

    This Heads Up discusses the SEC’s recently issued proposed rule "Amendments to Financial Disclosures About Acquired and Disposed Businesses," which would amend the financial statement requirements for acquisitions and dispositions of businesses, including real estate operations, and related pro forma financial information. These changes are intended to improve the information investors receive regarding acquired or disposed businesses, reduce complexity and costs of preparing the required disclosures, and facilitate timely access to capital.

  • Heads Up — FASB issues narrow financial instrument accounting updates Image
  • Heads Up — FASB issues narrow financial instrument accounting updates

    published May 07, 2019

    This Heads Up discusses the key provisions of the FASB’s recently issued Accounting Standards Update (ASU) 2019-04, which clarifies certain aspects of accounting for credit losses, hedging activities, and financial instruments. The ASU’s amendments apply to all entities within the scope of the affected guidance. Many of the amendments reflect decisions reached at FASB meetings or meetings of the Board’s credit losses transition resource group.

  • IFRS on Point — April 2019  Image
  • IFRS on Point — April 2019

    published May 07, 2019

    IFRS on Point, published at the beginning of each month, highlights critical IFRS-related financial reporting developments.

  • More publications
  • Publication RSS Feed  Link
     

    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.