FERF/Greenlight ICFR Tracker- Q1 2019

 

Fill Out The Form Below to Receive ICFR Updates & Detail Data on the Material Weakness Disclosures for the Quarter

 

Financial Reporting and Regulatory Update

The quarterly Financial Reporting and Regulatory Update is prepared by the Financial Education & Research Foundation (FERF) in collaboration with Crowe LLP, highlighting pronouncements from the U.S. SEC, FASB, PCAOB, and other regulators and standard-setters. Each update includes ASU Effective Date Checklists for Public and Non-Public Business Entities.

Second Quarter 2017

Accounting Standard Transition Disclosures and Non-Gaap Measures

A Q&A With Mark Shannon of Crowe Horwath LLP

ChrisMoore.jpg
Mark Shannon

With preparers counting down to the adoption dates of the new revenue recognition, leases, and credit loss standards, their attention is turning toward the expanded number of disclosures required by the standards, and toward transition-related disclosures mandated by SEC Staff Accounting Bulletin No. 74.

To learn more about how companies are preparing for these major accounting standard updates and about the SEC’s emphasis on non-GAAP measures and operating metrics, FERF spoke with Mark Shannon, a Crowe managing director.

Read More

Financial Reporting & Regulatory Update, Second Quarter 2017

During the second quarter, the Financial Accounting Standards Board (FASB) issued two standards addressing modification accounting for share-based payment awards and service concession arrangements between an operator and a public sector entity.

The SEC continued to focus during the quarter on the implementation of new accounting standards, non-GAAP measures, and auditor independence.

Finally, we discuss the standard on the auditor’s reporting model from the Public Company Accounting Oversight Board (PCAOB) as well as resources released by the Center for Audit Quality (CAQ) and the American Institute of CPAs (AICPA).