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FASB Approves Cryptoassets Standard

September 7, 2023 The FASB recently voted to issue a cryptoassets standard requiring entities to report on fungible crypto holdings using the fair value measurement standard.

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FASB Issues Standard on Accounting for Joint Venture Formations

August 23, 2023 The Financial Accounting Standards Board recently issued an Accounting Standards Update intended to (1) provide investors and other allocators of capital with more decision-useful information in a joint venture’s separate financial statements and (2) reduce diversity in practice in this area of financial reporting.

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SEC Adopts Rules on Cybersecurity Disclosures

July 26, 2023 The Securities and Exchange Commission recently adopted final rules requiring registrants to disclose material cybersecurity incidents they experience and to disclose on an annual basis material information regarding their cybersecurity risk management, strategy and governance.

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PCAOB Launches New Search Filters for Inspections Database

July 19, 2023 The Public Company Accounting Oversight Board recently released an array of website transparency enhancements intended to allow investors, audit committee members and other stakeholders to better access and understand data from PCAOB inspection reports.

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