Financial Reporting in the US: Key Topics for Corporate Counsel | Practical Law

Financial Reporting in the US: Key Topics for Corporate Counsel | Practical Law

A discussion of four key financial reporting topics. The Note discusses topics that are important either because the SEC has focused on them in comment letters on reporting company disclosure or because changes to accounting principles with practical implications to a company's financial reporting have been recently adopted. This Note discusses the accounting principles governing revenue recognition, lease accounting, fair value accounting and loss contingency disclosures.

Financial Reporting in the US: Key Topics for Corporate Counsel

Practical Law Article 7-523-9535 (Approx. 18 pages)

Financial Reporting in the US: Key Topics for Corporate Counsel

by Practical Law Corporate & Securities, based on material originally contributed by Timothy H. Boehmer, CPA, and Matthew J. Redente, CPA, Crowe Horwath LLP
Law stated as of 01 Mar 2017 • USA (National/Federal)
A discussion of four key financial reporting topics. The Note discusses topics that are important either because the SEC has focused on them in comment letters on reporting company disclosure or because changes to accounting principles with practical implications to a company's financial reporting have been recently adopted. This Note discusses the accounting principles governing revenue recognition, lease accounting, fair value accounting and loss contingency disclosures.