Skip to Content



Accounting and regulatory update for public and private companies

April 22, 2022 Article 20 min read
Authors:
Diane Kirk Curt Hurd
Download our first quarter 2022 update for an overview of important activities that may impact both public and private companies.

Businesswoman sitting at her desk looking at a computer monitor.Our first quarter update provides a summary of newly released accounting guidance, as well as financial reporting and regulatory activities that may impact both public and private companies.

Topics include:

  • Accounting guidance
    • Accounting guidance issued in first quarter 2022
    • Accounting guidance effective first quarter 2022: Public companies
    • Accounting guidance effective for year ending Dec. 31, 2022: Private companies
  • Regulatory update
    • Materiality assessment of errors
    • Compliance and disclosure interpretations updated for business combinations
    • SAB 121
    • Cybersecurity-related proposals
    • SEC proposes rules to enhance and standardize climate-related disclosures
    • SEC proposes rules to enhance disclosure and investor protection relating to special purpose acquisition companies, shell companies, and projections
    • SEC issues proposal to reduce risks in clearance and settlement of securities
    • Other SEC proposals
  • Other developments
    • Accounting and reporting implications of the Russia/Ukraine war

Archived accounting updates for public and private companies:

Related Thinking

April 22, 2022

Audit committee quarterly update

Article 10 min read
April 27, 2022

Energy companies: Q1 2022 accounting and reporting update

Article 15 min read
April 22, 2022

Audit committee quarterly update

Article 10 min read