Perspectives

Heads Up

Latest accounting and regulatory developments

Periodic newsletters that analyze important accounting developments, such as new FASB and IASB pronouncements or exposure drafts. Concise examples and answers to frequently asked questions assist readers in understanding and implementing the critical guidance.

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Highlights of the 2017 AICPA Conference on Current SEC and PCAOB Developments

December 10, 2017

This issue extracts key insights from this year's three-day AICPA Conference on Current SEC and PCAOB Developments. The conference features speeches by, and question-and-answer sessions with, members of the SEC, PCAOB, FASB, IASB, and other professional groups on current accounting, reporting, and auditing practice issues.

Learn about the 2017 AICPA Conference on Current SEC and PCAOB Developments.

FASB tentatively decides to relieve entities from implementing certain aspects of the new leasing standard

December 5, 2017

This Heads Up discusses the tentative decisions the FASB made at its November 29, 2017, meeting to amend certain aspects of its new leasing standard, ASU 2016-02. Specifically, the Board tentatively decided that (1) entities may elect not to restate their comparative periods in the period of adoption when transitioning to the new standard and (2) lessors may elect not to separate lease and nonlease components when certain conditions are met. In addition, the Board discussed stakeholder feedback on its proposed ASU related to the land easement practical expedient associated with transition to ASC 842 and voted to move forward with drafting a final ASU.

Learn about the FASB's tentative decisions made at its November 29, 2017, meeting to amend certain aspects of its new leasing standard.

The new revenue standard — Are we there yet?

November 21, 2017

This Heads Up provides Deloitte’s latest observations from a review of third-quarter filings of a sample group of public companies regarding their progress toward adoption of the FASB’s new revenue standard (ASC 606).

Learn about Deloitte’s observations from a review of third-quarter filings of a sample group of public companies regarding their progress toward adoption of the new revenue standard.

SEC issues new and revised guidance to clarify its CEO pay ratio rule

October 17, 2017

In the two years since the SEC issued its CEO pay ratio rule on August 5, 2015, stakeholders have raised concerns about the rule’s implementation. This Heads Up summarizes the key components of the SEC’s CEO pay ratio rule as clarified by an interpretive release, revised Compliance and Disclosure Interpretations, and SEC staff guidance issued on September 21, 2017.

Learn about the new and revised guidance to the SEC's CEO pay ratio rule.

SEC issues proposed rule to modernize and simplify certain Regulation S-K requirements

October 16, 2017

On October 11, 2017, the SEC issued a proposed rule that would make specific revisions to a limited group of items in Regulation S-K to streamline and improve disclosures. This Heads Up summarizes the SEC’s key proposed changes to Regulation S-K. 

 

Learn about the SEC’s key proposed changes to Regulation S-K.
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