Our third quarter update provides a summary of newly released accounting guidance, as well as financial reporting and regulatory activities that may impact both public and private companies.
Topics include:
- Accounting guidance
- Segment Reporting (Topic 280)
- Regulatory update
- SEC adopts rule to update definition of qualifying venture capital funds
- SEC proposes joint data standards under the Financial Data Transparency Act of 2022
- SEC adopts reporting enhancements for registered investment companies and provides guidance on open-end fund liquidity risk management programs
- Standards issued in 2024
- Standards issued in prior years effective 2024 or after
