AccountingLink

    Periodic updates

    4 October 2018

    Accounting pronouncements effective for the third quarter of 2018
    Several new accounting pronouncements are effective for the third quarter of 2018 for calendar-year entities. We list them along with related EY publications. All entities should carefully evaluate which accounting requirements apply to them for the first time.

    4 October 2018

    Quarterly tax developments - September 2018
    Our September 2018 edition is designed to help you identify changes in tax law and other events when they occur so the accounting can be reflected in the appropriate period. This edition includes certain enacted tax legislation, as well as regulatory developments, legislative proposals and other items, through 26 September 2018, to consider as you prepare your income tax provision. We've also listed our tax and other publications that provide more detail on the topics we discuss.

    4 October 2018

    SEC in Focus - October 2018
    Our latest newsletter summarizes SEC developments in the last quarter, including certain items we have not previously reported in Week in Review. Highlights include a discussion of the SEC’s capital formation agenda, an analysis of a new interim financial statement disclosure requirement and a proposal by the SEC to streamline disclosure requirements for certain registered debt offerings. We also discuss the Commission’s focus on digital assets, current practice matters and significant personnel changes.

    2 October 2018

    EITF Update - September 2018
    The EITF reached consensuses-for-exposure on recognition under Topic 805 for an assumed liability in a revenue contract and improvements to accounting for episodic television series. The Task Force also discussed but didn’t reach a consensus-for-exposure on the measurement of an assumed liability in a revenue contract in a business combination. Instead, the Task Force asked the staff to draft a discussion paper that would seek feedback from stakeholders on this topic. The Task Force will discuss the topic again at a later date.

    24 September 2018

    SEC Comments and Trends - September 2018
    Our 2018 SEC Comments and Trends – An analysis of current reporting issues publication discusses in detail the SEC staff’s focus areas in its reviews of public filings during the year ended 30 June 2018. Our publication notes the ongoing decline in the number of comment letters issued by the SEC staff and identifies the top comment areas by industry.

    20 September 2018

    Financial Reporting Briefs - Third quarter 2018
    This publication provides you with a snapshot of the major accounting and regulatory developments that have occurred during the third quarter of 2018. This edition brings you up to speed on the Boards' priority joint projects and several other financial reporting developments.

    22 August 2018

    NAIC Bulletin - Summer 2018 edition
    Our NAIC Bulletin contains the highlights of the Summer 2018 meeting of the National Association of Insurance Commissioners.

    26 July 2018

    Second Quarter 2018 Standard Setter Update
    Our Second Quarter 2018 Standard Setter Update highlights significant developments in financial reporting and accounting between 1 April and 30 June 2018.

    12 July 2018

    SEC in Focus - July 2018
    Our latest newsletter summarizes SEC developments in the last quarter, including certain items we have not previously reported in Week in Review. Highlights include a discussion of a recent open meeting of the Commission, SEC staff comment letters on ASC 606 adoption and clarifications provided by SEC officials on certain digital assets. We also discuss recent SEC rulemaking activities, SEC staff guidance updates and significant personnel changes.

    27 June 2018

    Board Matters Quarterly - June 2018
    This issue looks at the implications of US tax reform for compensation committees. It also includes information about Fortune 100 company board directors elected in 2017 and discusses how boards can effectively plan for geopolitical and regulatory changes.

    27 June 2018

    Quarterly tax developments - June 2018
    Our June 2018 edition is designed to help you identify changes in tax law and other events when they occur so the accounting can be reflected in the appropriate period. This edition includes certain enacted tax legislation, as well as regulatory developments, legislative proposals and other items, through 20 June 2018, to consider as you prepare your income tax provision. We've also listed our tax and other publications that provide more detail on the topics we discuss.

    15 June 2018

    Accounting pronouncements effective for the second quarter of 2018
    One new accounting pronouncement is effective for the second quarter of 2018 for calendar-year entities. All entities should carefully evaluate which accounting requirements apply to them for the first time.

    14 June 2018

    Financial Reporting Briefs - Second quarter 2018
    This publication provides you with a snapshot of the major accounting and regulatory developments that have occurred during the second quarter of 2018. This edition brings you up to speed on the Boards' priority joint projects and several other financial reporting developments.

    8 June 2018

    EITF Update - June 2018
    The EITF reached a final consensus on customer’s accounting for implementation, setup, and other upfront costs (implementation costs) incurred in a cloud computing arrangement that is considered a service contract. The Task Force reached a consensus-for-exposure on recognition under Topic 805 for an assumed liability in a revenue contract. The Task Force also discussed improvements to accounting for episodic television series.

    19 April 2018

    First Quarter 2018 Standard Setter Update
    Our First Quarter 2018 Standard Setter Update highlights significant developments in financial reporting and accounting between 1 January and 31 March 2018.

    16 April 2018

    Board Matters Quarterly - April 2018
    This issue discusses the accounting implications of US tax reform and provides a preview of the 2018 proxy season. It also discusses how boards are overseeing strategy in the digital age and what they need to know about the SEC’s new guidance on cybersecurity.

    12 April 2018

    NAIC Bulletin - Spring 2018 edition
    Our NAIC Bulletin contains the highlights of the Spring 2018 meeting of the National Association of Insurance Commissioners.

    5 April 2018

    SEC in Focus - April 2018
    Our latest newsletter summarizes SEC developments in the last quarter, including certain items we have not previously reported in Week in Review. Highlights include a discussion of relief companies can obtain under Rule 3-13 of Regulation S-X, the continued focus on initial coin offerings by the SEC and its staff and the SEC guidance on cybersecurity. We also discuss recent SEC rulemaking activities, SEC staff guidance updates and significant personnel changes.

    29 March 2018

    Quarterly tax developments - March 2018
    Our March 2018 edition of Quarterly Tax Developments has been updated to include certain enacted tax law changes from 15 March 2018 through 31 March 2018 and developments after 31 March 2018 that relate to the US tax reform law.

    22 March 2018

    Accounting pronouncements effective for the first quarter of 2018
    Several new accounting pronouncements are effective for the first quarter of 2018 for calendar-year entities. We list them along with related EY publications. All entities should carefully evaluate which accounting requirements apply to them for the first time.

    22 March 2018

    Financial Reporting Briefs - First quarter 2018
    This publication provides you with a snapshot of the major accounting and regulatory developments that have occurred during the first quarter of 2018. This edition brings you up to speed on the Boards' priority joint projects and several other financial reporting developments.

    22 January 2018

    2017 Standard Setter Update - Financial reporting and accounting developments
    Our 2017 Standard Setter Update highlights significant developments in financial reporting and accounting between 1 January and 31 December 2017.

    19 January 2018

    EITF Update - January 2018
    The EITF reached a consensus-for-exposure on customer’s accounting for implementation, setup, and other upfront costs (implementation costs) incurred in a cloud computing arrangement that is considered a service contract.

    11 January 2018

    SEC in Focus - January 2018
    Our latest newsletter summarizes SEC developments in the last quarter, including certain items we have not previously reported in Week in Review. Highlights include SEC staff guidance on tax reform, remarks by SEC Chairman Jay Clayton and members of the SEC staff at the recent AICPA Conference on Current SEC and PCAOB Developments on the new accounting standards, critical audit matters and cybersecurity, and a discussion of Mr. Clayton’s concerns about initial coin offerings. We also discuss recent SEC rulemaking activities, SEC staff guidance updates and significant personnel changes.

    21 December 2017

    Quarterly tax developments - December 2017
    Our December 2017 edition is designed to help you identify changes in tax law and other events when they occur so the accounting can be reflected in the appropriate period. This edition includes certain enacted tax legislation, as well as regulatory developments, legislative proposals and other items, through 14 December 2017, to consider as you prepare your income tax provision. We've also listed our tax and other publications that provide more detail on the topics we discuss.

    20 December 2017

    Accounting pronouncements effective in 2017
    Several new accounting pronouncements are effective for 2017 interim or annual periods for calendar-year entities. We list them along with related EY publications. All entities should carefully evaluate which accounting requirements apply to them for the first time in 2017.

    20 December 2017

    NAIC Bulletin - Fall 2017 edition
    Our NAIC Bulletin contains the highlights of the Fall 2017 meeting of the National Association of Insurance Commissioners.

    14 December 2017

    Financial Reporting Briefs - Fourth quarter 2017
    This publication provides you with a snapshot of the major accounting and regulatory developments that have occurred during the fourth quarter of 2017. This edition brings you up to speed on the Boards' priority joint projects and several other financial reporting developments.

    19 October 2017

    Third Quarter 2017 Standard Setter Update
    Our Third Quarter 2017 Standard Setter Update highlights significant developments in financial reporting and accounting between 1 July 2017 and 30 September 2017.

    9 October 2017

    Quarterly tax developments - September 2017
    Our September 2017 edition is designed to help you identify changes in tax law and other events when they occur so the accounting can be reflected in the appropriate period. This edition includes certain enacted tax legislation, as well as regulatory developments, legislative proposals and other items, through 28 September 2017 to consider as you prepare your income tax provision. We've also listed our tax and other publications that provide more detail on the topics we discuss.

    5 October 2017

    SEC in Focus - October 2017
    Our latest newsletter summarizes SEC developments in the last quarter, including certain items we have not previously reported in Week in Review. Highlights include remarks from SEC Chairman Jay Clayton on cybersecurity disclosures in SEC filings, recent guidance on pay ratio disclosure requirements, regulatory relief for companies and individuals affected by recent hurricanes, staff clarifications about its nonpublic review program and recent trends in SEC staff comments on non-GAAP measures and other topics.

    25 September 2017

    SEC Comments and Trends - September 2017
    Our 2017 SEC Comments and Trends – An analysis of current reporting issues publication discusses in detail the SEC staff’s focus areas in its reviews of public filings in the year ended 30 June 2017. Our publication also identifies the top comment areas by industry. The publication provides best practices for responding to comment letters and will help you plan for the year-end reporting season.

    21 September 2017

    Board Matters Quarterly - September 2017
    This issue features an article about the board’s role in overseeing cyber risk management. Other articles look at how disclosures by audit committees of Fortune 100 companies have changed since 2012 and how a new PCAOB standard will significantly change the auditor’s report.

    14 September 2017

    Financial Reporting Briefs - Third quarter 2017
    This publication provides you with a snapshot of the major accounting and regulatory developments that have occurred during the third quarter of 2017. This edition brings you up to speed on the Boards' priority joint projects and several other financial reporting developments.

    30 August 2017

    NAIC Bulletin - Summer 2017 edition
    Our NAIC Bulletin contains the highlights of the Summer 2016 meeting of the National Association of Insurance Commissioners.

    27 July 2017

    Second Quarter 2017 Standard Setter Update
    Our Second Quarter 2017 Standard Setter Update highlights significant developments in financial reporting and accounting between 1 April 2017 and 30 June 2017.

    6 July 2017

    SEC in Focus - July 2017
    Our latest newsletter summarizes SEC developments in the last quarter, including certain items we have not previously reported in Week in Review. Highlights include remarks from SEC Chief Accountant Wesley Bricker on the adoption of significant new accounting standards and recent trends in SEC staff comments on non-GAAP measures.

    28 June 2017

    Quarterly tax developments - June 2017
    Our June 2017 edition is designed to help you identify changes in tax law and other events when they occur so the accounting can be reflected in the appropriate period. This edition includes certain enacted tax legislation, as well as regulatory developments, legislative proposals and other items, through 15 June 2017 to consider as you prepare your income tax provision. We've also listed our tax and other publications that provide more detail on the topics we discuss.

    23 June 2017

    Board Matters Quarterly - June 2017
    This issue discusses five things boards need to consider for the 2017 proxy season and how nominating and governance committees are defining their roles and responsibilities.

    22 June 2017

    Financial Reporting Briefs - Second quarter 2017
    This publication provides you with a snapshot of the major accounting and regulatory developments that have occurred during the second quarter of 2017. This edition brings you up to speed on the Boards' priority joint projects and several other financial reporting developments.

    3 May 2017

    NAIC Bulletin - Spring 2017 edition
    Our NAIC Bulletin contains the highlights of the Spring 2016 meeting of the National Association of Insurance Commissioners.

    25 April 2017

    First Quarter 2017 Standard Setter Update
    Our First Quarter 2017 Standard Setter Update highlights significant developments in financial reporting and accounting between 1 January 2017 and 31 March 2017.

    6 April 2017

    Board Matters Quarterly - April 2017
    This issue highlights five things boards need to consider for the 2017 proxy season and provides a look at how nominating and governance committees are defining their roles and responsibilities.

    6 April 2017

    SEC in Focus - April 2017
    Our latest newsletter summarizes SEC developments in the last quarter, including certain items we have not previously reported in Week in Review. This issue highlights Jay Clayton’s testimony at his Senate Banking Committee confirmation hearing, the push to ease SEC rules required by the Dodd-Frank Act, recent trends in SEC staff comments, SEC Chief Accountant Wesley Bricker’s remarks on increasing the effectiveness of audit committees and final rules, rulemaking proposals, SEC staff guidance and other SEC activities.

    30 March 2017

    Quarterly tax developments - March 2017
    Our March 2017 edition is designed to help you identify changes in tax law and other events when they occur so the accounting can be reflected in the appropriate period. This edition includes certain enacted tax legislation, as well as regulatory developments, legislative proposals and other items, through 15 March 2017 to consider as you prepare your income tax provision. We've also listed our tax and other publications that provide more detail on the topics we discuss.

    21 March 2017

    EITF Update - March 2017
    The EITF reached a final consensus on determining the customer of the operation services in a service concession arrangement.

    16 March 2017

    Accounting pronouncements effective for the first quarter of 2017
    Several new accounting pronouncements are effective for the first quarter of 2017 for calendar-year entities. We list them along with related EY publications. All entities should carefully evaluate which accounting requirements apply to them for the first time.

    25 January 2017

    Board Matters Quarterly - January 2017
    This issue provides an analysis of corporate governance trends at Russell 2000 companies, a review of IPO corporate governance trends and a look at how board committees evolve to address new challenges.

    19 January 2017

    2016 Standard Setter Update - Financial reporting and accounting developments
    Our 2016 Standard Setter Update highlights significant developments in financial reporting and accounting between 1 January 2016 and 31 December 2016.

    18 January 2017

    NAIC Bulletin - Fall 2016 edition
    Our NAIC Bulletin contains the highlights of the Fall 2016 meeting of the National Association of Insurance Commissioners.

    12 January 2017

    SEC in Focus - January 2017
    Our latest newsletter summarizes SEC developments in the last quarter, including certain items we have not previously reported in Week in Review. This issue highlights the remarks made by SEC staff members at the recent AICPA National Conference on Current SEC and PCAOB Developments related to SEC reporting implications of new accounting standards, non-GAAP financial measures and management’s discussions and analysis disclosure considerations for income taxes. We also discuss the SEC's progress on rulemaking and other initiatives, as well as significant personnel changes.

    22 December 2016

    SEC Comments and Trends – December 2016 – Life sciences industry supplement
    This publication is intended to give you insights into the SEC staff’s areas of focus involving life sciences registrants. It should be read in conjunction with our 2016 SEC Comments and Trends publication and our Technical Line, 2016 trends in SEC comment letters publication, which both discuss matters that relate to all registrants.

    22 December 2016

    SEC Comments and Trends – December 2016 – Media and entertainment industry supplement
    This publication is intended to give you insights into the SEC staff’s areas of focus involving media and entertainment registrants. It should be read in conjunction with our 2016 SEC Comments and Trends publication and our Technical Line, 2016 trends in SEC comment letters publication, which both discuss matters that relate to all registrants.

    21 December 2016

    Quarterly tax developments - December 2016
    Our December 2016 edition is designed to help you identify changes in tax law and other events when they occur so the accounting can be reflected in the appropriate period. This edition includes enacted tax legislation, as well as regulatory developments, legislative proposals and other items, through 15 December 2016 to consider as you prepare your income tax provision. We've also listed our tax and other publications that provide more detail on the topics we discuss.

    8 December 2016

    Accounting pronouncements effective in 2016
    Several new accounting pronouncements are effective for 2016 interim or annual periods for calendar-year entities. We list them along with related EY publications. All entities should carefully evaluate which accounting requirements apply to them for the first time in 2016.

    21 November 2016

    EITF Update - November 2016
    The EITF reached a final consensus on employee benefit plan master trust reporting.

    14 October 2016

    Third quarter 2016 Standard Setter Update
    Our Third Quarter 2016 Standard Setter Update, highlights significant developments in financial reporting and accounting between 1 July 2016 and 30 September 2016.

    6 October 2016

    SEC in Focus - October 2016
    Our latest newsletter summarizes developments related to SEC matters, including certain items we have not previously reported in Week in Review. This issue highlights the SEC staff’s continued focus on non-GAAP financial measures and recent developments in the SEC’s disclosure effectiveness project, recent enforcement activities and current trends in the SEC staff comment letters. We discuss the SEC's progress on rulemaking and other initiatives, including the changes in the accredited investor definition recommended by the SEC Advisory Committee on Small and Emerging Companies.

    29 September 2016

    BoardMatters Quarterly - September 2016
    This issue features our analysis of this year’s audit committee-related proxy disclosures by Fortune 100 companies for annual meetings through 15 August 2016. It also examines the board’s role in stock repurchases and shares four observations about the 2016 proxy season.

    29 September 2016

    SEC Comments and Trends - September 2016
    Our 2016 SEC Comments and Trends publication provides an in-depth discussion of SEC staff focus areas in its review of public filings, including comments that focus on certain industries, initial public offering registration statements and foreign private issuers. Our publication is designed to help you understand what the staff is focusing on in its comments as well as best practices for responding to comment letters as you plan for the year-end reporting season.

    28 September 2016

    Quarterly tax developments - September 2016
    Our September 2016 edition is designed to help you identify changes in tax law and other events when they occur so the accounting can be reflected in the appropriate period. This edition includes enacted and effective tax legislation, as well as regulatory developments, legislative proposals and other items, through 9 September 2016 (except as noted) to consider as you prepare your income tax provision. We've also listed our tax and other publications that provide more detail on the topics we discuss.

    23 September 2016

    EITF Update - September 2016
    The EITF reached a final consensus on restricted cash. The EITF also reached a consensus-for-exposure on accounting for service concession arrangements.

    14 September 2016

    NAIC Bulletin - Summer 2016 edition
    Our NAIC Bulletin contains the highlights of the Summer 2016 meeting of the National Association of Insurance Commissioners.

    24 September 2015

    SEC Comments and Trends - September 2015
    Our 2015 edition of SEC Comments and Trends provides an in-depth discussion of SEC staff focus areas in its review of public filings and information about comments that are unique to certain industries, initial public offering registration statements and foreign private issuers. Our publication is designed to help you understand what the staff is focusing on in its comments as well as best practices for responding to comment letters as you plan for the year-end reporting season.