Insights

On May 9, 2019, the SEC proposed to amend the definitions of an accelerated and large accelerated filer.

On May 3, 2019, the SEC proposed amendments to the financial disclosure requirements for acquired and disposed businesses.

Corporate mergers or acquisitions are complex, labor-intensive processes with high-stakes outcomes. To successfully bring together two companies, there are a tremendous number of issues that need to be analyzed and thought through both before and after the transaction closes.

As we discussed in our last post, employee benefits should be an important consideration for both buyers and sellers as they prepare for a merger or acquisition.

Business Combinations (Topic 805): Revenue from Contracts with Customers – Recognizing an Assumed Liability (File Reference No. 2019-300) and Measurement and Other Topics Related to Revenue from Contracts with Customers under Topic 805 (File Reference No. 2019-200).

Defined benefit (DB) plan sponsors can once again offer retirees and beneficiaries receiving annuity payments a limited opportunity to convert their benefits into a lump sum.

Compensation—Stock Compensation (Topic 718) and Revenue from Contracts with Customers (Topic 606): Codification Improvements—Share-Based Consideration Payable to a Customer (File Reference No. 2019-400)

Issued on a quarterly basis, the Significant Accounting and Reporting Matters Guide provides a brief digest of final and proposed financial accounting standards as well as regulatory developments.

This practice aid offers a practical approach to assessing profits interests in light of U.S. GAAP compensation guidance.