The Securities and Exchange Commission (“SEC”) released Staff Accounting Bulletin No. 121 (“SAB 121”) 1 on March 31, 2022. SAB 121 provides SEC staff’s views regarding accounting treatment of ...

The SEC has adopted amendments to the financial disclosure requirements in Regulation S-X for acquisitions and dispositions of businesses. When a registrant acquires a significant business, other than ...

A measure signed by President Bush last week that toughens corporate accounting laws left out a controversial proposal that would have required companies to increase disclosure of their charitable ...

The CFA Institute released the results Tuesday of a global survey of investment professionals on accounting for goodwill, related disclosures, and how those issues are affecting analysis and ...

FASB is seeking comments on a proposed Accounting Standards Update (ASU) that is intended to improve the accounting for and disclosure of certain cryptoassets. During its recent agenda consultation ...

Code Section 7216 governs the disclosure and use of tax return information by tax return preparers. Late last year, in Notice 2005-93, the Internal Revenue Service issued a proposed revenue procedure ...

The Financial Accounting Standards Board (FASB) added new disclosure requirements for buyers of goods and services intended to increase transparency about how they use supplier finance programs.

The recent report out of Tether regarding the reserves behind USDT once again highlights the importance – and need – for crypto specific accounting, reporting, and disclosure standards. Stablecoins ...

WASHINGTON (Reuters) - The Securities and Exchange Commission plans to propose new mutual fund disclosure rules and will vote on whether to adopt new international accounting rules for foreign ...

Businesses will have to start reporting on the assets they bring into certain joint ventures under rule updates from the Financial Accounting Standards Board, changes aimed at filling gaps in ...

The Office for Civil Rights has issued a proposed rule that would revise HIPAA’s security rule regarding accounting of disclosures of protected health information. Specifically, the OCR’s proposed ...