Sep 1, 2020 | Center for Public Company Excellence, Public & Investor Backed
By Rachel Guan FASB issued the Accounting Standards Update 2020-04 to ease the potential burden in accounting for reference rate reform on financial reporting. This update responds to concerns on structural risks of interbank offered rates (IBORs) and the dangers of...
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...
Jul 1, 2020 | Business Information Technology Editorial, Business Risk and Technology, Emergency Risk Management, Public & Investor Backed, SL Business Informatics
If you’re an experienced business leader who is responsible for your business’ information and how it is used then you understand our headline – and may have the battle scars to show from experiences of tackling the data challenges inherent in these projects....
