Aug 27, 2020 | Center for Public Company Excellence, Public & Investor Backed
By Servando A. Osornio Portillo In May 2020 the Securities Exchange Commission (“SEC”) issued final rule to amendment SEC rules and forms to improve their application, assist registrants in making more meaningful determinations of whether a subsidiary or an acquired...
Aug 12, 2020 | Center for Public Company Excellence, Public & Investor Backed
by Zhanna Korneva On July 8, 2020 Public Company Accounting Oversight Board (PCAOB) hosted a webinar for public company audit committee members. The focus of the discussion was the impact of COVID-19 pandemic on financial reporting, audits and audit committee...
Aug 12, 2020 | Center for Public Company Excellence, Entrepreneur & Family Owned Businesses, Public & Investor Backed
In January 2018 public companies, and in January 2019, all companies will have to apply the new definition of a business (Update No. 2017-01; ASC 805). The new guidance includes a two-step process which will simplify the legacy application guidance which deemed to be...
Jul 6, 2020 | Audit, Center for Public Company Excellence, Public & Investor Backed
On June 23, 2020, the Securities and Exchange Commission (“SEC”) issued additional guidance on disclosures that companies should consider with respect to the impact of COVID-19. As companies are making changes in response to business disruptions and economic downturn...
Oct 22, 2019 | Center for Public Company Excellence, Public & Investor Backed
FASB The FASB voted to delay the effective dates for the standards on accounting for leases, credit losses (CECL), and hedging, the Journal of Accountancy reports. Under the ASU, effective dates for the lease accounting, hedge accounting, and accounting for credit...
Apr 15, 2019 | Center for Public Company Excellence, Public & Investor Backed
Such a qualification will make public companies eligible for less-stringent disclosure standards By Ezequiel Minaya | Posted on the Wall Street Journal https://on.wsj.com/2Kweo2e The Securities and Exchange Commission on Thursday voted to ease financial reporting...
