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Accounting and regulatory update for public and private companies

July 19, 2023 Article 12 min read
Diane Kirk Curt Hurd
Download our second quarter 2023 update for an overview of important activities that may impact both public and private companies.
Two business professionals talking while walking across the street.Our second 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
    • Current expected credit losses (CECL) considerations for private companies implementing in 2023
    • FASB Exposure Drafts issued in second quarter 2023
  • Regulatory update
    • SEC reopens comment period for proposed amendments to Exchange Act Rule 3b-16 
    • SEC reopens comment period for proposed rule amendments to modernize beneficial ownership reporting
    • SEC adopts amendments to modernize share repurchase disclosure
    • Digital assets tool for audit committees
  • Standards issued in 2023
  • Standards issued in prior years effective 2023 or after

Archived accounting updates for public and private companies:

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