Defining Issues
Defining Issues

Defining Issues

Defining Issues is KPMG's ongoing article series providing insights, updates and resources on topics of importance to accounting and financial reporting professionals. See our latest...

FASB provides guidance on recoveries and extension options under credit losses standard

The FASB has proposed targeted transition relief related to the fair value option.

SEC amends Regulation S-K disclosures

The SEC’s amendments to modernize and simplify certain disclosure requirements to reduce the costs and burdens on public companies, investment advisers and investment companies.

FASB re-proposes changes to income tax disclosures

KPMG reports on the proposed ASU that seeks to simplify and improve the effectiveness income tax disclosures.

FASB updates the definition of collections

ASU 2019-03 expands the US GAAP definition of collections

FASB issues ASU changing lessor accounting

ASU 2019-01 makes targeted changes to lessor accounting and clarifies interim transition disclosure requirements.

SEC proposes to expand its test-the-waters accommodation

The SEC’s proposal would permit issuers to consult with investors prior to a public offering.

Year-end Brexit disclosure considerations

Brexit uncertainties require careful consideration of business impacts.

SEC Rule 3-13 waiver requests during the government shutdown

KPMG highlights the SEC’s Q&A on requests for emergency relief under Rule 3-13 during the government shutdown.

EITF reaches final consensus for produced & licensed episodic television content

EITF aligns the accounting and disclosure for episodic television series to the guidance applicable to film.



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