Insight

FRV Weekly – July 25, 2022

FRV Weekly reports on cross-industry CFO insights, supervision and regulation for digital assets, audit insights and more.

July 25, 2022

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

Report contents

Handbook: Impairment of nonfinancial assets

Latest edition: KPMG in-depth guide to impairment testing, covering the models in ASC 350-20, ASC 350-30 and ASC 360.

KPMG survey: responses to the SEC’s climate proposal

In an FRV podcast and companion survey, we explore themes emerging from comment letters to the SEC.

FASB clarifies fair value guidance for sale restrictions

Final ASU clarifies that contractual sale restrictions are not considered in measuring equity securities at fair value.

KPMG responds to SEC’s climate proposal

Meeting the needs of investors in a way that is practical and minimizes the costs to preparers.

Simplified accounting for tax equity investments

EITF reaches final consensus to expand use of the proportional amortization method to additional tax equity investments.

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