News & Analysis as of

FASB Financial Regulatory Reform

KPMG Board Leadership Center (BLC)

Directors Quarterly: January 2025

The latest edition of Directors Quarterly features a summary of board and committee agenda priorities for 2025, financial reporting and auditing updates, post-election observations from around the world, and more. Read the...more

Cooley LLP

What might the FASB be looking at for 2025?

Cooley LLP on

In the last couple of months of 2024, the FASB issued some “invitations to comment” intended to allow FASB stakeholders to express their views on whether or not the FASB should pursue the projects identified. It could well...more

Troutman Pepper Locke

Tax Relief May Be Ahead for Market Participants Transitioning Away From LIBOR

Troutman Pepper Locke on

Tax relief may be coming for issuers and holders of debt instruments and parties to derivatives and other financial contracts governed by LIBOR (the London Interbank Offered Rate). ...more

Stinson - Corporate & Securities Law Blog

FASB Proposes to Delay Effective Dates for Private and Certain Public Companies

The Financial Accounting Standards Board issued a proposed Accounting Standards Update, or ASU, that would grant private companies, not-for-profit organizations, and SEC registrants classified as smaller reporting companies...more

Pillsbury Winthrop Shaw Pittman LLP

SEC Disclosure Update and Simplification

Amendments remedy duplicative, overlapping or outdated disclosure requirements with other requirements by the SEC, U.S. GAAP or changes in the overall information environment. The amendments show recent SEC efforts to...more

Stinson - Corporate & Securities Law Blog

Treasury Issues Plan to Streamline Capital Markets Regulation

Pursuant to Executive Order 13772, the Treasury Department has issued a report that identifies laws, treaties, regulations, guidance, reporting and record keeping requirements, and other government policies that promote or...more

Morgan Lewis

PCAOB Urges Audit Committee Scrutiny of Revenue Recognition

Morgan Lewis on

The PCAOB recently issued Staff Audit Practice Alert No. 12, which outlines significant audit deficiencies relating to revenue that PCAOB inspections have identified. ...more

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