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2024 SEC Filing Deadlines and Financial Statement Staleness Dates

Cherry Bekaert

Financial statement issuers must assess many items when planning to file a registration statement with the U.S. Securities and Exchange Commission (SEC), including which financial statements are required to be included in the registration statement. Rule 3-12 has a filing calendar for U.S.

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IASB offers examples to improve reporting of climate-related uncertainties in financial statements

Accounting Today

The International Accounting Standards Board published a consultation document with eight proposed illustrative examples to show how companies could apply International Financial Reporting Standards when reporting the effects of climate-related and other types of uncertainties in their financial statements.

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FASB Looks to Add New Rules on Accounting For Government Grants by Businesses

CPA Practice

A new proposal that would establish authoritative guidance on the accounting for government grants received by businesses was issued by the Financial Accounting Standards Board (FASB) on Nov.

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Why Should Skagit County Businesses Care About FASB and GAAP?

SkagitCountyTaxServices

If the last 20 years of the economy’s highs and lows, downturns and headlines taught us anything about business, it’s that complete and transparent accounting is in everyone’s best interest. One independent organization working to keep companies’ books clear and honest is the Financial Accountant Standards Board.

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GAAP: What It Is and Why Your Investors Expect It

inDinero Accounting

Generally Accepted Accounting Principles (GAAP) are a set of accounting principles, standards, and procedures that define accepted accounting practice at a particular time. Its purpose is to ensure that financial statements provide an accurate and transparent view of the company’s financial condition and operations.

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Corporate Investors Irked By Lease Accounting Changes

PYMNTS

The publication reported Thursday (May 2) that the International Financial Reporting Standards will apply to organizations across 140 countries, shifting the way businesses account for their leases in financial statements. “Investors could then ask, ‘What are you doing with all this free cash?'”

Account 49
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IFRS vs UK GAAP

Menzies

Menzies LLP - A leading chartered accountancy firm. Which accounting standard should you use? When preparing a set of financial statements in the UK there is a choice of accounting standard to apply in order to comply with UK Companies Act 2006. What are the key differences between IFRS and UK GAAP?