Once again, your AM Now hosts Adam Olsen and Nicole Harger are here with the accounting and finance stories you don’t want to miss, including: The SEC adopted final climate disclosure rules after receiving 24,000 comments. The SEC's climate rule faces legal challenges from fracking companies and critics. FASAB proposes guidance for reporting seized and forfeited digital assets. Financial Accounting Foundations seeks feedback on the PCC's effectiveness. A Court declares the CTA unconstitutional, impacting reporting mandates. IASB proposes amendments to IFRS 3 to enhance acquisition and impair ..read more

In this episode of "Accounting Matters," we cover the unveiling of the SEC's long-awaited climate-related disclosure rule. Exploring its implications for businesses and investors alike, we dissect the significance of this regulatory milestone and its potential impact on financial reporting standards ..read more

As always, your AM Now hosts Adam Olsen and Nicole Harger are back with the week’s biggest accounting and finance stories, including: The 3/6 SEC meeting on the climate disclosure rules Recap of the recent IFRS Sustainability Symposium The provisional agreement to establish an EU carbon removals certification framework Anti-greenwashing laws recently adopted by the European Council The FASB’s recent board meeting discussing a final ASU on profits interest awards For more information on these and related topics: SEC Open Meeting Agenda, 3/6/2024 IFRS Sustainability Symposium convenes in Ne ..read more

A lot goes into a successful business transaction. A lot. So in this first part of our latest M&A series, your faithful Embarkers are taking a deep dive into all of those pre-transaction activities that help ensure you start off on the right foot. A little bit of due diligence goes a long way so pull up a chair! For more information on buy-side transactions and related topics: Buy-Side Due Diligence: Report Checklist and Guide for M&A and Other Transactions Purchase Accounting: Valuations, Adjustments & Accounting for M&As Post-Merger Integration Checklist Connect with Embar ..read more

Your AM Now hosts Adam Olsen and Nicole Harger are back at it again with critical accounting and finance stories from the week that was, including: Updates from the recent FASB Board meeting on Topic 815, Hedge Accounting Improvements New York's S5437 and S897A bills push for pioneering sustainability disclosures in the finance and corporate sectors. China enforces sustainability reporting for all listed companies, setting a new global standard in ESG transparency. The SEC's new rules expand the 'dealer' definition, enhancing oversight of significant market participants for market integrity ..read more

It’s once again time for your AM Now hosts Adam Olsen and Matt Fisser to deliver  what’s going on in accounting and finance this week, including stories on: The SEC adopted final rules to enhance disclosures and provide additional investor protections in IPOs by SPACs and in de-SPAC transactions. The postponement of certain CSRD elements by two years, including sector-specific sustainability disclosures and sustainability reporting from companies outside the EU.  The latest developments from the FASB and their most recent board meeting held on January 31, 2024. For more informati ..read more

Your trusty AM Now hosts Adam Olsen and Nicole Harger are serving up yet another episode of tasty accounting and finance stories for you, including: SEC registrants should expect a significant uptick in their Staff Accounting Bulletin SAB 74 disclosures due to the impending adoption of numerous Accounting Standard Updates (ASUs). EFRAG has initiated a public consultation on two Exposure Drafts  – ESRS LSME ED and VSME ED –  for sustainability reporting standards. EU member states are currently transposing the CSRD into their own national law and must complete the process no later t ..read more

You’ve read the headlines. Perused the articles. Maybe even had a convo or two on the topic. But now it’s time to get to the ESRS nitty gritty with your trusted Accounting Matters embarkers. So get comfy with Nicole Harger, Adam Olsen, and Robby Sunberg for this first half of a two-fer on all things CSRD and ESRS. You, your sustainability reporting, and stakeholders won’t be sorry. For more information on CSRD, ESRS, and related topics: The ESRS Skinny: What the European Sustainability Reporting Standards Mean for You The EU CSRD: Why US Companies Should Care about European ESG Reporting Reg ..read more

Your AM Now hosts Adam Olsen and Nicole Harger kick off 2024 with another episode of accounting and finance stories you need to hear, including: The invalidation of the SEC's share repurchase rule by the U.S. Court of Appeals. CorpFin’s statement on the SEC's cybersecurity disclosure rule. Two new accounting standards by FASB: ASU 2023-09, revising income tax disclosures, and ASU 2023-10, addressing accounting for and disclosure of crypto assets. The provisional agreement on the EU's Corporate Sustainability Due Diligence Directive, focusing on human rights and environmental impacts in busin ..read more

In this episode of Accounting Matters, Adam and Nicole dissect California's Climate Accountability Package, focusing on Senate Bills 253 and 261. They unravel the mandatory disclosure of greenhouse gas emissions, including Scope 1, Scope 2, and Scope 3, for companies operating in the state.  We provide valuable insights into compliance challenges, the role of the California Air Resources Board, and the implications of potential fines for noncompliance. Whether you're a seasoned professional or new to sustainability compliance, tune in for succinct discussions demystifying the intricate la ..read more