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September 30, 2019 Article 18 minute read
Download our third-quarter update for an overview of important activities for private companies.
Business people meeting.

This update provides a summary of some of the more important third-quarter 2019 accounting and financial reporting activities for private companies. The content is not meant to be all-inclusive.

Topics include:

  • FASB proposes delay in effective dates for certain upcoming accounting standards:
    • Lease accounting (Topic 842)
    • Derivatives and hedging (Topic 815)
    • Accounting for credit losses (Topic 326)
    • Long-duration insurance contracts (Topic 944)
  • Accounting guidance issued in third quarter 2019
  • Standards issued in 2019
  • Standards issued in prior years effective 2019 or after

Archived accounting updates for private companies: