AccountingLink

    Periodic updates

    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

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

    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.

    15 December 2016

    Financial Reporting Briefs - Fourth quarter 2016
    This publication provides you with a snapshot of the major accounting and regulatory developments that have occurred during the fourth quarter of 2016. This edition brings you up to speed on the Boards' priority joint projects and several other financial reporting developments.

    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.

    22 September 2016

    Financial Reporting Briefs - Third quarter 2016
    This publication provides you with a snapshot of the major accounting and regulatory developments that have occurred during the third quarter of 2016. This edition brings you up to speed on the Boards' priority joint projects and several other financial reporting developments.

    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.

    14 July 2016

    Second quarter 2016 Standard Setter Update
    Our Second Quarter 2016 Standard Setter Update, Financial reporting and accounting developments, highlights significant developments in financial reporting and accounting between 1 April 2016 and 30 June 2016.

    7 July 2016

    SEC in Focus - July 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 disclosure effectiveness, recent enforcement activities and developments in XBRL. We discuss the SEC's progress on rulemaking and other initiatives, including final rules on payments by resource extraction issuers and proposed changes to the definition of a smaller reporting company.

    29 June 2016

    Quarterly tax developments - June 2016
    Our June 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 10 June 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.

    27 June 2016

    Board Matters Quarterly - June 2016
    This issue discusses big data and tax developments. It also provides highlights on discussions with directors from six locations around the world.

    23 June 2016

    Financial Reporting Briefs - Second quarter 2016
    This publication provides you with a snapshot of the major accounting and regulatory developments that have occurred during the second quarter of 2016. This edition brings you up to speed on the Boards' priority joint projects and several other financial reporting developments.

    15 June 2016

    Accounting pronouncements effective for the second quarter of 2016
    No new accounting pronouncements are effective for the second quarter of 2016 for calendar-year entities, but other standard-setter and regulatory requirements may apply for the first time. All entities should carefully evaluate which accounting requirements apply to them for the first time.

    14 June 2016

    EITF Update - June 2016
    The EITF reached a final consensus on classification of certain cash receipts and cash payments. The EITF also reached a consensus-for-exposure on employee benefit plan master trust reporting.

    20 April 2016

    First quarter 2016 Standard Setter Update
    Our First Quarter 2016 Standard Setter Update, Financial reporting and accounting developments, highlights significant developments in financial reporting and accounting between 1 January 2016 and 31 March 2016. Our Standard Setter Update publications also summarize certain proposals under consideration by the FASB, EITF, PCC, SEC, PCAOB, ASB and GASB.

    20 April 2016

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

    7 April 2016

    SEC in Focus - April 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 progress on the nominations of the two SEC commissioner candidates, the SEC staff’s continued focus on both non-GAAP financial measures and disclosure effectiveness, recent enforcement activities and developments in XBRL. We discuss the SEC's progress on rulemaking and other initiatives, including new amendments to the JOBS Act that allow companies to take advantage of additional accommodations during the IPO process. We also discuss a proposed rule for broker-dealers in liquidation proceedings, a final rule for security-based swap dealers and proposed changes to NYSE and NASDAQ listing standards.

    1 April 2016

    Board Matters Quarterly - April 2016
    This issue discusses the 2016 proxy season preview, disclosure effectiveness, three things nominating committees need to know and recent EU audit legislation.

    30 March 2016

    Quarterly tax developments - March 2016
    Our March 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 15 March 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 March 2016

    Financial Reporting Briefs - First quarter 2016
    This publication provides you with a snapshot of the major accounting and regulatory developments that have occurred during the first quarter of 2016. This edition brings you up to speed on the Boards' priority joint projects and several other financial reporting developments.

    10 March 2016

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

    3 March 2016

    EITF Update - March 2016
    The EITF reached a consensus-for-exposure on restricted cash (previously included in EITF Issue No. 15-F, Statement of Cash Flows: Classification of Certain Cash Receipts and Cash Payments).

    14 January 2016

    2015 Standard Setter Update - Financial reporting and accounting developments
    Our 2015 Standard Setter Update, Financial reporting and accounting developments, highlights significant developments in financial accounting and reporting between 1 January 2015 and 31 December 2015 and summarizes certain proposals presently under consideration by the FASB, EITF, PCC, SEC, PCAOB, ASB and GASB.

    7 January 2016

    SEC in Focus - January 2016
    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 of the SEC’s Chair and staff at the AICPA National Conference on Current SEC and PCAOB Developments related to internal control over financial reporting, segment reporting and the new revenue recognition standard. We also discuss the SEC's progress on rulemaking and other initiatives, including final rules on crowdfunding and changes to SEC rules affecting emerging growth companies resulting from recent legislation, and developments in the SEC’s disclosure effectiveness initiative.

    4 January 2016

    Board Matters Quarterly - January 2016
    This issue discusses the top priorities on board agendas in 2016, the five things that compensation committee members need to know, how to accelerate board performance through assessments and other board-related topics.

    22 December 2015

    Quarterly tax developments - December 2015
    Our December 2015 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 legislative proposals and other items, through 10 December 2015 (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.

    17 December 2015

    Financial Reporting Briefs - Fourth quarter 2015
    This publication provides you with a snapshot of the major accounting and regulatory developments that have occurred during the fourth quarter of 2015. This edition brings you up to speed on the Boards' priority joint projects and several other financial reporting developments.

    10 December 2015

    Accounting pronouncements effective in 2015
    Several new accounting pronouncements are effective for 2015 interim or annual periods for calendar-year entities. We list them along with descriptions of related EY publications. All entities should carefully evaluate which accounting requirements apply to them for the first time in 2015.

    10 December 2015

    NAIC Bulletin - Fall 2015 edition
    Our NAIC Bulletin contains the highlights of the Fall 2015 meeting of the National Association of Insurance Commissioners.

    10 December 2015

    SEC Comments and Trends - December 2015 - Life sciences industry supplement
    Our life sciences supplement to our SEC Comments and Trends publication is intended to give you insights into the SEC staff’s areas of focus involving life sciences companies. This publication is based on our review of approximately 90 public comment letters issued to more than 70 life sciences registrants between June 2014 and November 2015. It should be read in conjunction with our September 2015 SEC Comments and Trends publication, which discusses matters that relate to all registrants.

    13 November 2015

    EITF Update - November 2015
    The EITF reached final consensuses on recognition of breakage for prepaid stored-value products, effect of derivative contract novations on existing hedge accounting relationships and contingent put and call options in debt instruments. The EITF also reached a consensus-for-exposure on the classification of certain cash receipts and cash payments on the statement of cash flows. The EITF discussed but didn’t reach a consensus-for-exposure on the cash flow classification of restricted cash. It plans to discuss this topic at a later date.

    29 October 2015

    SEC Comments and Trends - October 2015 - Media and entertainment industry supplement
    Our media and entertainment (M&E) supplement to our SEC Comments and Trends publication is intended to give you insights into the SEC staff’s concerns and areas of focus involving M&E companies. This publication is based on our review of approximately 220 public comment letters issued to more than 90 M&E registrants between October 2014 and September 2015. It should be read in conjunction with our September 2015 SEC Comments and Trends and Technical Line, 2015 trends in SEC comment letters publications, which discuss matters that relate to all registrants.

    22 October 2015

    Third quarter 2015 Standard Setter Update
    Our Third Quarter 2015 Standard Setter Update, Financial reporting and accounting developments, highlights significant developments in financial accounting and reporting between 1 July 2015 and 30 September 2015 and summarizes certain proposals presently under consideration by the FASB, EITF, PCC, SEC, PCAOB, ASB and GASB.

    8 October 2015

    SEC in Focus - October 2015
    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 recent remarks by the SEC’s Chief Accountant and Deputy Chief Accountant on implementing the new revenue standard. We also discuss the SEC's progress on rulemaking and other initiatives, including a final rule that requires most registrants to calculate and disclose their CEO’s “pay ratio” and a request for comment on Regulation S-X as part of the SEC’s disclosure effectiveness initiative. In addition, we discuss the feedback the SEC received on its concept release on possible revisions to its audit committee disclosure rules and provide an update on legal proceedings concerning the SEC’s resource extraction and conflict minerals rules.

    30 September 2015

    Quarterly tax developments - September 2015
    Our September 2015 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, legislative proposals and other items 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. We have updated our September 2015 edition to include certain enacted tax law changes through 30 September 2015 for you to consider as you prepare your tax provision. The changes are included in Appendix B of the publication.

    24 September 2015

    Financial Reporting Briefs - Third quarter 2015
    This publication provides you with a snapshot of the major accounting and regulatory developments that have occurred during the third quarter of 2015. This edition brings you up to speed on the Boards' priority joint projects and several other financial reporting developments.

    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.

    18 September 2015

    EITF Update - September 2015
    The EITF discussed but didn’t reach a final consensus or consensus-for-exposure on recognition of breakage for prepaid stored-value cards and statement of cash flows: classification of certain cash receipts and cash payments.

    17 September 2015

    Accounting pronouncements effective for the third quarter of 2015
    One new accounting pronouncement is effective for the third quarter of 2015 for calendar-year entities. We list it along with a link to an EY publication about it. All entities should carefully evaluate which accounting requirements apply to them for the first time.

    17 September 2015

    Board Matters Quarterly - Matters of Interest for Audit Committees - September 2015
    This issue features reports recently issued by the EY Center for Board Matters that address board retirement age and tenure policies, audit committee reporting to shareholders in 2015, board oversight of tax risk and cyber economics.

    16 September 2015

    The JOBS Act: 2015 mid-year update
    With over three years since the enactment of the Jumpstart Our Business Startups Act (the Act), we look at US IPO market trends and analyze how emerging growth companies continue to use the relief available to them. We also provide an update on the SEC’s rulemaking under the Act and discuss what still remains to be done.

    2 September 2015

    NAIC Bulletin - Summer 2015 edition
    Our NAIC Bulletin contains the highlights of the Summer 2015 meeting of the National Association of Insurance Commissioners.