Accounting Standards & Reporting Matters

Achieving excellence through technical experience.

Learn More

Trending

  • Type
  • Article
  • Comment Letter
  • Practice Aid
  • Service
  • Advisory
  • Audit & Assurance
  • Tax
  • Industry
  • Asset Management
  • Financial Institutions & Specialty Finance
  • Gaming & Leisure
  • Government & Public Sector
  • Government Contracting
  • Healthcare
  • Insurance
  • Life Sciences
  • Manufacturing
  • Natural Resources
  • Nonprofit & Education
  • Private Equity
  • Professional Services
  • Real Estate & Construction
  • Restaurants
  • Retail & Consumer Products
  • Technology
Article

New Segment Reporting Disclosures

October 1, 2024
Article

New Segment Reporting Disclosures

October 1, 2024

Segment reporting disclosure requirements are changing. In November 2023, the Financial Standards Accounting Board (FASB) issued Accounting Standards Update (ASU) 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures, which introduced new annual and interim disclosure requirements for all public entities and modified some existing disclosures.

Read More

Article

Understanding ASC 805: Essential Insights for Business Combinations

September 20, 2024
Article

Understanding ASC 805: Essential Insights for Business Combinations

September 20, 2024

The Financial Accounting Standards Board (FASB) established Accounting Standards Codification Topic 805 (ASC 805) to provide guidance on how an entity should account for the acquisition of another entity. Read the insight to learn more.

Read More

Article

Accounting Changes and Error Corrections

September 17, 2024
Article

Accounting Changes and Error Corrections

September 17, 2024

We provide an overview of the types of accounting changes that affect financial statements, as well as the disclosure and reporting considerations for error corrections.

Read More

Article

A Look at ASC 810: To Consolidate or Not To Consolidate

August 29, 2024
Article

A Look at ASC 810: To Consolidate or Not To Consolidate

August 29, 2024

Companies tasked with determining whether to consolidate the financial statements of potential variable interest entities (VIEs) face challenges that can significantly change the presentation of their financial statements. Properly assessing whether to consolidate VIEs is crucial for accurate financial reporting.

Read More

Article

Lease Accounting for the Retail and Restaurant Industries

July 22, 2024
Article

Lease Accounting for the Retail and Restaurant Industries

July 22, 2024

Retailers and restaurants often lease their store locations and equipment. Retailers and restauranters can obtain the right to use those assets under lease contracts or in service arrangements that contain embedded leases.

Read More

Article

BDO Bulletin: SEC Staff Releases More Interpretive Guidance on Cybersecurity Incident Disclosure

June 27, 2024
Article

BDO Bulletin: SEC Staff Releases More Interpretive Guidance on Cybersecurity Incident Disclosure

June 27, 2024

SEC registrants (“registrants”) must disclose material cybersecurity incidents under Item 1.05 of Form 8-K (“Item 1.05”) within four business days from the date they determine the incident is material.

Read More

Practice Aid

Accounting for Business Combinations (ASC 805)

June 26, 2024
Practice Aid

Accounting for Business Combinations (ASC 805)

June 26, 2024

BDO's Professional Practice publication (Blueprint) guides professionals through the application of the FASB’s Accounting Standards Codification Topic 805, Business Combinations (“ASC 805”). Summarizing key aspects of ASC 805, the Blueprint provides guidance with respect to accounting for business combinations.

Read More

Article

BDO Bulletin: SEC Staff Statement on Cybersecurity Incidents Disclosure

May 24, 2024
Article

BDO Bulletin: SEC Staff Statement on Cybersecurity Incidents Disclosure

May 24, 2024

The SEC staff clarified that registrants who voluntarily disclose cybersecurity incidents in Form 8-K should not do so under Item 1.05, Cybersecurity Incidents, of Form 8-K (“Item 1.05”) because it may be confusing to investors.

Read More

Didn't find what you're looking for?

Explore Advanced Searchchevron_right

Explore

BDO’s in-depth Blueprints, Snapshots and practice aids summarize key concepts to help you comply with and gain a deeper understanding of complex accounting and financial reporting topics. These publications explore the application of financial reporting and U.S. GAAP principles through practical examples and interpretive guidance.

cast_for_education

Quarterly Technical Update Webinar Series

BDO’s Quarterly Technical Update webinar series is designed to help financial management, board directors, and audit committees stay on top of today's hot accounting topics and key regulatory developments. 

View Webinar Series