Sep 30, 2019
Industrial Insights is a quarterly summary for the Industrial Products sector and provides an overview of emerging economic, accounting, reporting and regulatory matters relevant to your work in the sector. Specifically, this issue will highlight digital upskilling, tariffs and trade, recent M&A activity, and internal audit and SoX compliance considerations in the digital age. Additionally, it covers certain accounting, financial reporting, and regulatory updates such as ongoing accounting implications of the new leases standard after initial implementation, CECL reminders, reminders in distinguishing between trade payables and debt under vendor payable programs, proposed changes to the accounting for goodwill and intangibles, and reminders on potential accounting implications of Brexit.