Quarterly Accounting Roundup: First quarter — 2018

Published on: 27 Mar 2018

This issue of Quarterly Accounting Roundup discusses developments that occurred in the first quarter of 2018, including:

  • The FASB’s and SEC’s issuance of guidance in response to the Tax Cuts and Jobs Act.
  • The FASB’s issuance of:
    • ASUs that (1) make technical corrections to its guidance on financial instruments and (2) provide a transition practical expedient for land easements under the Board’s new leasing standard, ASU 2016-02.
    • Proposed ASUs that would (1) address a customer’s accounting for implementation costs incurred in a cloud computing arrangement that is a service contract and (2) expand the list of benchmark rates for hedge accounting.
  • The SEC’s release of interpretive guidance related to cybersecurity disclosures.
  • The IASB’s issuance of revisions to the guidance in IAS 19 on plan amendments, curtailments, and settlements.

Download

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.