The quarter close: A look at this quarter's financial reporting issues
June 2013
At a glance
This edition updates you on recent FASB, SEC and other regulatory and corporate governance topics. Learn what's new now, and what to look for in the near future.
The quarter close gives you a snapshot of the most significant financial reporting and regulatory updates for the quarter, and provides insight into what developments are coming in the near future. Here are some of the things you'll see in this edition:
Front and center:
- Leadership changes at the SEC and FASB
- FASB & IASB issue leases proposal
- Private Company Council takes action
Accounting hot topics:
- New balance sheet offsetting disclosures
- Preferred stock offerings
- “Gross versus net” revenue presentation
- And more
Hot off the press:
- A refresh of the COSO internal controls framework
- The AICPA’s revised “cheap stock” guide
- Updates on recent FASB releases
And more: The latest regulatory, corporate governance, and IFRS developments, as well as what topics to keep an eye on in the upcoming months.
Download The quarter close: Second quarter 2013 to read the full report.
The quarter close: First quarter 2013
In this edition, we discuss the leadership changes at the FASB and SEC along with the new rules and releases, look at the highly anticipated leases proposal and how it will affect the final revenue standard, and talk about the priorities of the new SEC chairman that include completing Dodd-Frank and JOBS Act rulemaking. Download The quarter close, first quarter 2013 to read the full report.
Also watch the videos for this Quarter close issue:
Key financial reporting issues covered this quarter...and a look forward
Proposal on financial asset impairment: Impact to non-financial services companies
Derivatives reform: Beyond the banks
The quarter close: Fourth quarter 2012
In this quarter's issue, we count down the "Top five" financial reporting themes for 2012, discuss the FASB's new disclosure effectiveness project, explore how US companies are responding to risks related to the Eurozone debt crisis, and provide a preview of our new Guide to Accounting for Financing Transactions. Download The quarter close, Fourth quarter 2012 to read the full report.
Also watch the videos for this Quarter close issue:
Perspectives on key financial reporting issues (full show)
Segment: Top 5 themes for 2012 year-end financial reporting
Segment: Eurozone crisis: How it affects US companies
Segment: Insights into the FASB's project on disclosure effectiveness
Segment: Accounting for financing transactions: PwC's new guide
The quarter close: Third quarter 2012
In this edition, "Front and center" focuses on the SEC's final rule on conflict minerals as well as the FASB's direction on financial asset impairment. "Accounting hot topics" provides an update on health care reform along with several new insights on segment reporting, goodwill impairment, debt restructuring, and income taxes. "Hot off the press" covers several FASB releases during fall.Download The quarter close, third quarter 2012 to read the full report.
Also watch the videos for this Quarter close issue:
Reporting updates on conflict minerals and IFRS convergence
How does IFRS impact M&A?
What does the conflict minerals ruling mean for you?
Where does the IFRS debate stand?
IFRS: Leasing and financial instruments
The quarter close: Second quarter 2012
In this edition, “Front and center” focuses on the JOBS Act as well as the latest updates on standard-setting plans for public and private companies: "Accounting hot topics" covers a range of topics, from an update on the Eurozone to the complexities of “push-down” accounting. “Hot off the press” provides a rundown of the three exposure drafts from the EITF. Download The Quarter close: Second quarter 2012 to read the full report.