Implementing changes in accounting rules can be a real drag. But the new hedge accounting standard may be an exception to this generality.
In the coming months, the Securities and Exchange Commission (SEC) is expected to revise the definition of “smaller reporting company.” This change will allow more companies to file reports with a lighter load of disclosures.
In May, the FASB voted to finalize an update to U.S. GAAP that’s intended to simplify the accounting requirements for companies that issue warrants with embedded down-round options. The controversial vote split the board 4 to 3.
In May 2016, the Securities and Exchange Commission (SEC) began allowing private companies to raise as much as $1 million per year from everyday investors. How?
In January, the Financial Accounting Standards Board (FASB) went back to work on its project to simplify hedge accounting. So far, FASB members have agreed to include a number of changes from a September 2016 proposal. Here’s more on what’s expected to happen on this project — and when.