PWC: The new revenue recognition standard: Are you prepared for change? - 2014 Revenue Recognition Survey

http://www.pwc.com/en_US/us/audit-assurance-services/accounting-advisory/publications/assets/revenue-recognition-standard-financial-executives-survey.pdf

The Impact of the Dodd-Frank Act on Financial Stability and Economic Growth | Brookings Institution

The Impact of the Dodd-Frank Act on Financial Stability and Economic Growth | Brookings Institution

FRB: Speech--Tarullo, Good Compliance, Not Mere Compliance--October 20, 2014

FRB: Speech--Tarullo, Good Compliance, Not Mere Compliance--October 20, 2014

EMEA Corporates Remove $14 Billion Of Debt Because Of New IFRS Joint Venture Accounting

https://www.globalcreditportal.com/ratingsdirect/renderArticle.do?articleId=1357862&SctArtId=261649&from=CM&nsl_code=LIME&sourceObjectId=8803229&sourceRevId=7&fee_ind=N&exp_date=20240909-03:17:15

Accounting Standard Setters Recognize Complexity As They Continue to Make Progress, Say Conference Panelists

Standard & Poor's Global Credit Portal

U.S. Statutory Accounting Principles: A Common Set Of Principles, With An Uncommon Set Of Practices

Standard & Poor's Global Credit Portal

Standard & Poor's Ratings Services Responds To ESMA Guidelines On Alternative Performance Measures

https://www.globalcreditportal.com/ratingsdirect/renderArticle.do?articleId=1319970&SctArtId=248685&from=CM&nsl_code=LIME&sourceObjectId=8616484&sourceRevId=2&fee_ind=N&exp_date=20240701-20:04:20

Pursuit Of Comparability: Disclosure Rules Make U.S. And European Banks Less Like Apples And Oranges

https://www.globalcreditportal.com/ratingsdirect/renderArticle.do?articleId=1343690&SctArtId=249925&from=CM&nsl_code=LIME&sourceObjectId=8656728&sourceRevId=8&fee_ind=N&exp_date=20240708-20:36:30

Proposed Disclosure Enhancements In IFRS Could Help Improve Financial Reporting

https://www.globalcreditportal.com/ratingsdirect/renderArticle.do?articleId=1351432&SctArtId=255807&from=CM&nsl_code=LIME&sourceObjectId=8750430&sourceRevId=1&fee_ind=N&exp_date=20240804-22:15:35

Analyzing U.S. Rate-Regulated Utilities: The Magic Of Regulatory Assets And Liabilities

https://www.globalcreditportal.com/ratingsdirect/renderArticle.do?articleId=1354989&SctArtId=258852&from=CM&nsl_code=LIME&sourceObjectId=8721798&sourceRevId=3&fee_ind=N&exp_date=20240825-19:53:54

Taming Ambiguity: Regulators Take The Initiative To Clarify Alternative Performance Measures

https://www.globalcreditportal.com/ratingsdirect/renderArticle.do?articleId=1357210&SctArtId=260890&from=CM&nsl_code=LIME&sourceObjectId=8793441&sourceRevId=1&fee_ind=N&exp_date=20240904-22:13:35

Why Activism's Impact On Credit Quality Can Be Positive, Negative, Or Neutral

https://www.globalcreditportal.com/ratingsdirect/renderArticle.do?articleId=1357770&SctArtId=261669&from=CM&nsl_code=LIME&sourceObjectId=8801639&sourceRevId=1&fee_ind=N&exp_date=20240909-03:17:15

What The New Revenue Accounting Standards May Mean For Investors

https://www.globalcreditportal.com/ratingsdirect/renderArticle.do?articleId=1357744&SctArtId=261252&from=CM&nsl_code=LIME&sourceObjectId=8801805&sourceRevId=1&fee_ind=N&exp_date=20240907-21:30:36

Could Ballooning Loss Reserves From New Accounting Rules Deflate Bank Capital Ratios?

https://www.globalcreditportal.com/ratingsdirect/renderArticle.do?articleId=1357957&SctArtId=261575&from=CM&nsl_code=LIME&sourceObjectId=8788410&sourceRevId=1&fee_ind=N&exp_date=20240908-21:34:53

IFRS Accounting Choices: An Impediment To Financial Statement Comparability

https://www.globalcreditportal.com/ratingsdirect/renderArticle.do?articleId=1357969&SctArtId=265188&from=CM&nsl_code=LIME&sourceObjectId=8799337&sourceRevId=5&fee_ind=N&exp_date=20240921-22:52:02

Thoughts On The Nature Of Data In An Economy And In Accounting

https://www.globalcreditportal.com/ratingsdirect/renderArticle.do?articleId=1361834&SctArtId=267449&from=CM&nsl_code=LIME&sourceObjectId=8841819&sourceRevId=1&fee_ind=N&exp_date=20240929-20:43:24

U.S. Statutory Accounting Principles: A Common Set Of Principles, With An Uncommon Set Of Practices

https://www.globalcreditportal.com/ratingsdirect/renderArticle.do?articleId=1358208&SctArtId=261849&from=CM&nsl_code=LIME&sourceObjectId=8801915&sourceRevId=3&fee_ind=N&exp_date=20240909-20:11:36

Supervisory Roles in Loan Loss Provisioning in Countries Implementing IFRS

Supervisory Roles in Loan Loss Provisioning in Countries Implementing IFRS

Going Concern: FASB issues new standard on reporting adverse conditions and events

The Financial Accounting Standards Board (FASB) has released a new accounting standard that provides much-needed guidance on management’s responsibility in evaluating and disclosing adverse conditions or events that raise substantial doubt about a company’s ability to continue as a “going concern.” The guidance, published in Accounting Standards Update (ASU) 2014-15, Presentation of Financial Statements — Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern, applies to all companies that prepare their financial statements in accordance with US Generally Accepted Accounting Principles (GAAP).

The changes in ASU 2014-15 are effective for the annual financial statement period ending after December 15, 2016, and for annual periods and interim periods thereafter. Early application is permitted.

See full Article: http://www.bakertilly.com/insights/going-concern-fasb-issues-new-standard-on-reporting-adverse-conditions

FMA releases stakeholder feedback report

The Financial Markets Authority (FMA) today released the findings of the 2013 FMA stakeholder feedback report.

The report looked at FMA’s progress since its establishment on 1 May 2011 and surveyed stakeholder views on the following topics:

key achievements and shortcomings of FMA’s work to date
gaps in FMA’s activities or mandate
organisational capabilities of FMA
prioritisation of key shortcomings and gaps to be addressed
priorities for FMA going forward

See full Press Release: https://www.fma.govt.nz/keep-updated/newsroom/media-releases/2013/fma-releases-stakeholder-feedback-report/