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Fried Frank Harris Shriver & Jacobson LLP | USA | 15 May 2023

SEC Commissioner Uyeda Emphasizes Importance of Maintaining High-Quality Accounting Standards

SEC Commissioner Mark T. Uyeda warned that "any failure by the International Accounting Standards Board ["IASB"] to adapt and update International…
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Lexology PRO | China, European Union, Global, etc. | 27 May 2022

ESG: key updates and developments (20 – 26 May)

US regulators target misleading ESG funds, UK banks and insurers risk 10-15% annual profit losses if climate-related action is delayed, and an EU report shows gaps in achieving the UN SDGs – plus other key updates.
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DLA Piper | Global | 25 Oct 2019

Finance and Markets Global Insight - Issue 17, 2019: New international accounting standard IFRS 16

IFRS 16 is a new Accounting standard effective as of 1 January 2019. The new standard removes the distinction between an operating lease and a…
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White & Case | USA | 17 May 2019

SEC Proposes Changes to Financial Disclosure Relating to Business Acquisitions and Dispositions

On May 3, 2019, the Securities and Exchange Commission (the "SEC") proposed amendments to its rules governing disclosure of financial statements by…
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Paul, Weiss, Rifkind, Wharton & Garrison LLP | USA | 13 May 2019

SEC Proposes to Streamline Disclosures Relating to Acquisitions and Dispositions

On May 3, the SEC proposed rule changes (available here) to streamline the information that investors receive in connection with significant…
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RPC | United Kingdom | 10 Jan 2019

New Accounting standards for leases introduced

The International Accounting Standard Board (IASB) has introduced a new lease Accounting standard, IFRS 16. It will be effective for annual reporting…
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Herbert Smith Freehills LLP | USA | 13 Dec 2018

Are you ready for the new Lease Standards under IFRS 16?

From 1 January 2019, a new IFRS 16 standard, which was published by the International Accounting Standards Board in January 2016…
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Winston & Strawn LLP | USA | 4 Oct 2018

Impact of Amended SEC Disclosure Requirements On Foreign Private Issuers

The U.S. Securities and Exchange Commission (“SEC”) recently adopted amendments to existing disclosure rules to simplify or eliminate requirements…
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Pillsbury | USA | 21 Jun 2018

SEC Directed to Increase Rule 701 Disclosure Threshold to $10 million

On May 24, 2018, President Trump signed into law the Economic Growth, Regulatory Relief, and Consumer Protection Act which, among other things…
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Stradley Ronon Stevens & Young | USA | 16 May 2018

IRS Issues Automatic Consent to Accounting Method Change for New FASB and IASB Financial Accounting Standards

The IRS issued Revenue Procedure 2018-29, 2018-21 IRB, providing a new automatic change in accounting method for taxpayers to use to conform with…
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