Insight

FRV Weekly – October 17, 2022

FRV Weekly reports on the FASB and FSOC on crypto assets, SEC reopening comment periods, insurance, economics and more.

October 17, 2022

This week's FRV Weekly newsletter summarizes the latest news, analysis and insights from KPMG Financial Reporting View.

Report contents

FASB addresses crypto asset presentation and disclosure

FASB decides presentation and disclosure requirements that should apply to crypto assets.

SEC reopens comment periods for rulemaking releases

The affected comment periods cover 11 rulemaking releases and one request for comment due to a technological error.

Impact of EU ESG reporting standards on US companies

We discuss how the EU’s Corporate Sustainability Reporting Directive would affect ESG reporting by US companies.

SAPWG exposed INT guidance for Inflation Reduction Act

SAPWG provides guidance for Inflation Reduction Act effects on Q3 and Q4 2022, and 2023 interim reporting.

FASB proposes improvements to segment disclosures

Proposals would require disclosure of significant segment expenses, and enhance disclosures in annual and interim reporting.

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