In brief

Timely, high-level overviews of significant business, regulatory, financial reporting, accounting and auditing matters

In brief: FASB proposes accounting changes for long-duration contracts of insurers

09/30/16

FASB exposure draft on long-duration contracts proposes significant changes to liability and DAC models for insurers

In brief: Proposal may change premium amortization period on callable debt securities

09/26/16

The FASB issued an exposure draft to amend the amortization period for callable debt securities purchased at a premium.

In brief: Hedge accounting: significant changes exposed for comment

09/09/16

Changes proposed by the FASB may simplify application of the hedge accounting model and may allow for additional hedge strategies.

In brief: Is your money market fund investment still a cash equivalent?

09/07/16

The SEC’s money market fund rules are now effective and may impact operations and internal controls.

In brief: FASB finalizes guidance to simplify elements of cash flow classification

08/29/16

PwC summarizes the FASB’s changes to certain cash flow classifications intended to reduce diversity in practice.

In brief: FASB finalizes first round of not-for-profit reporting changes

08/19/16

Learn more about the FASB’s changes to the not-for-profit reporting model.

In brief: Financial statement presentation: FASB proposes update to framework

08/18/16

The FASB proposed an update to the presentation guidance in the conceptual framework that could impact all stakeholders.

In brief: FASB seeks feedback on future agenda

08/08/16

The FASB is seeking input on potential financial accounting and reporting topics that it should consider adding to its agenda.

In brief: FASB issues exposure draft as part of income tax disclosure framework

07/28/16

The FASB’s proposed income tax disclosure framework would require additional disclosure for all entities.

SEC proposes amendments to update and simplify disclosure requirements

07/15/16

SEC issues proposed rules to eliminate, modify, or integrate into other SEC rules numerous disclosure requirements.