In December 2013, the SEC began a comprehensive review of current disclosures to identify those that were excessive, unduly complex and redundant. The SEC highlighted several disclosures that overlap with generally accepted accounting principles …
The Federal Housing Finance Agency recently released the Single Security Initiative (SSI), which aims to standardize the process of securities issued by Freddie Mac and Fannie Mae by requiring both entities to issue Uniform Mortgage-Backed…
The SEC recently released a proposal that would update the definitions for accelerated and large accelerated filers and also revise their transition thresholds. Read on to see what smaller reporting companies would have to do with their internal…
FASB recently issued Accounting Standards Update (ASU) 2019-04 to address the many implementation issues arising from its new credit impairment model, known as CECL. Buried within the ASU’s 130 pages is one urgent issue for insurance companies.
The SEC released a final rule last year updating disclosure requirements. The overall objective of the changes was to reduce excessive, superseded and redundant disclosure. Read on for information on a new stockholders’ equity disclosure that’s…
As calendar-year companies work to complete their 2018 financial reporting for SEC Form 10-K, they should be aware of upcoming changes to accounting rules. While the changes to leases have been widely covered, several narrower changes are taking…
View our Financial Accounting Standards Board (FASB) effective dates sheet for public business entities, which includes recently released guidance with links to BKD Thoughtware®.
The Financial Accounting Standards Board and the SEC have recently reduced certain disclosure requirements. Some of the relief is available for upcoming year-end financial statements. Read on to see how your company may benefit.
The SEC released a final rule in August updating disclosure requirements. The overall objective of the changes was to reduce excessive, superseded and redundant disclosure. Read on to learn more about a new disclosure requirement related to…
Whether you’re an accelerated filer or a fast-growing company thinking about going public, BKD can help you navigate the ever-changing accounting and reporting landscape.