Public Company Update (eBook)

SEC, PCAOB, and Other Developments

eBook Download: EPUB

2020 | 1. Auflage
208 Seiten
John Wiley & Sons (Verlag)
978-1-119-75747-4 (ISBN)

Infos

Developed for corporate financial reporting managers and independent auditors, this book will help them stay abreast of changes and modifications to the requirements for public companies, their management, and auditors.

Included are:

* The latest pronouncements, regulations, and guidance issued by the SEC and PCAOB as they apply to the filings and audits of this reporting cycle.

* What these organizations are planning and/or saying about the future.

* Key developments which may affect your company or auditing firm.

In addition, emerging issues, trends, and new resources are provided so that accountants and financial managers can stay out front.

Autor

The American Institute of CPAs (AICPA) is the world's largest member association representing the CPA profession, with more than 429,000 members in the United States and worldwide, and a history of serving the public interest since 1887. AICPA members represent many areas of practice, including business and industry, public practice, government, education, and consulting. The AICPA sets ethical standards for its members and U.S. auditing standards for private companies, nonprofit organizations, federal, state and local governments. It develops and grades the Uniform CPA examination, offers specialized credentials, builds the pipeline of future talent and drives professional competency development to advance the vitality, relevance and quality of the procession.

Inhalt

Chapter 1 1-1

SEC Rulemaking and Other Activity in 2018 1-1

2018 SEC rulemaking and other activity 1-2

2019 SEC rulemaking and other activity 1-4

SEC commission activities 1-5

Chapter 2 2-1

The 2018 AICPA SEC and PCAOB Conference 2-1

2018 AICPA SEC and PCAOB conference 2-2

Chapter 3 3-1

PCAOB Auditing Developments 3-1

PCAOB standard-setting and other audit-related activities 3-2

Final rules and amendments 3-3

Other staff guidance 3-6

Other activities 3-14

PCAOB members and advisory groups 3-15

Office of the chief auditor current standard-setting agenda 3-17

PCAOB's website 3-21

Chapter 4 4-1

Other PCAOB Activities 4-1

International inspection program 4-18

Chapter 5 5-1

Fair Value Measurements and Disclosures 5-1

Definition 5-3

Principal market 5-5

Market participants 5-7

Highest and best use (nonfinancial assets) 5-8

Measuring liabilities and equity instruments at fair value 5-9

Financial assets and liabilities with offsetting positions 5-11

Fair value at initial recognition 5-12

Valuation techniques, inputs, and the fair value hierarchy 5-13

Impact of declining market activity on fair value measurements 5-15

Investments in certain entities that calculate net asset value per share (or its equivalent) 5-18

Disclosures 5-19

SEC guidance 5-23

Appendix A Chapter 5, A-1

Proprietary Matrix of Steps in Performing a Fair Value Measurement Chapter 5, A-1

Chapter 6 6-1

IPO Selected Topics 6-1

Going public 6-2

Form S-1 registration statement 6-5

Financial statement requirements 6-9

Age of financial statements 6-10

Form and content of financial statements 6-13

Financial statements of businesses acquired or to be acquired 6-20

Audit and auditor requirements for public registrants 6-25

Changes in capital structure at or prior to the closing of an IPO 6-27

Valuation of stock compensation 6-29

Chapter 7 7-1

Emerging Growth Companies 7-1

Eligibility requirements 7-2

Scaled disclosure provisions 7-4

Interpretive guidance 7-6

Glossary Glossary 1

Index Index 1

Solutions Solutions 1

Chapter 1 Solutions 1

Chapter 2 Solutions 3

Chapter 3 Solutions 8

Chapter 4 Solutions 9

Chapter 5 Solutions 10

Chapter 6 Solutions 14

Chapter 7 Solutions 17

Produkt-Details

• Erscheint lt. Verlag: 20.8.2020
• Reihe/Serie: AICPA
• Reihe/Serie: AICPA
• Sprache: englisch
• Themenwelt: Wirtschaft ► Betriebswirtschaft / Management
• Schlagworte: Accounting • Controlling • Corporate/Managerial Accounting • Rechnungswesen
• ISBN-10: 1-119-75747-9 / 1119757479
• ISBN-13: 978-1-119-75747-4 / 9781119757474