Quarterly Outlook | September 2020

 

Insight

Q3 2020 Quarterly Outlook

Quarterly update from KPMG on accounting and financial reporting developments, including SEC matters and FASB activity.

KPMG reports on major accounting and financial reporting developments that could affect companies in the current period and near term.  

Applicability

  • All companies

Key impacts

  • The accounting and financial reporting impacts of COVID-19 and the CARES Act continue to unfold and are far-reaching.
  • The SEC staff is committed to helping filers respond to operational and other challenges as a result of  COVID-19, and is focused on high quality and timely financial information.
  • The FASB continues to monitor COVID-19 related accounting and financial reporting impacts, but has otherwise resumed focus on its technical agenda. 

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