In brief

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

In brief: SEC updates interpretive guidance on non-GAAP financial measures

05/19/16

The SEC's new guidance on non-GAAP measures includes examples of what may make measures misleading or unduly prominent.

In brief: FASB proposes technical corrections to the new revenue standard

05/19/16

The FASB’s proposal makes technical corrections to the new revenue standard and provides additional disclosure relief.

In brief: PCAOB reproposes significant changes to the auditor’s report

05/17/16

PCAOB requests comment on reproposal to significantly change the auditor’s report.

In brief: FASB proposes to simplify measurement of goodwill impairment

05/12/16

FASB proposed eliminating Step 2 of the current goodwill impairment test.

In brief: FASB issues narrow-scope improvements to new revenue standard

05/09/16

The FASB issued amendments regarding collectibility, noncash consideration, presentation of sales tax, and transition.

In brief: IVSC issues exposure drafts on revised intangibles standard and other topics

04/28/16

IVSC is seeking feedback on proposed revisions to intangible assets valuation standard and other topics.

In brief: PCAOB proposes new requirements for audits involving other auditors

04/18/16

PCAOB requests comment on proposal to modify standards for lead auditor’s supervision of other auditors.

In brief: FASB updates revenue standard on performance obligations and licenses

04/14/16

The FASB amended the new revenue standard related to identifying performance obligations and accounting for licenses.

In brief: SEC seeks comments on the disclosure requirements of Regulation S-K

04/14/16

The SEC published a concept release to seek input on the importance, usefulness, and cost/benefit of the disclosures required by Regulation S-K.

In brief: IASB publishes amendments to the new revenue standard

04/12/16

IASB issued its amendments to the new revenue standard, which differ in some respects from those proposed by the FASB.