Insight

FRV Weekly – October 31, 2022

FRV Weekly reports on asset impairment, SEC’s rule on erroneous compensation, FASB’s proposal on JVs and more.

October 31, 2022

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

Report contents

Hot Topic: Impairment

Nonfinancial asset impairment in a period of economic uncertainty.

SEC finalizes rule for erroneously awarded compensation

Listed issuers will need to develop policies and recoup compensation awarded based on inaccurate financial statements.

FASB proposes accounting for joint venture formations

The proposed ASU would require a joint venture formation transaction to be measured at fair value.

Podcast: Supplier finance programs

We discuss ASU 2022-04, which requires buyers to disclose information about their supplier finance program obligations.

Accounting for debt arrangements

KPMG professionals discuss the complexities of debt arrangements and how they impact financial results.

Handbook: Debt and equity financing

Latest edition: Our in-depth guide to debt and equity financing, with new guidance and comprehensive examples.

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