Latest Dodd-Frank Posts
Understanding the New Lease Accounting Rules
Public Companies and Securities The new lease accounting rules (Accounting Standards Update N0. 2016-02; Topic 842) will require the recognition of lease assets and lease liabilities for those leases classified as operating leases under existing GAAP. For public companies, the new standard is effective for fiscal years beginning after December 15, 2018. While complexities can arise, the new standard […] Read more →
CFTC Proposes Amendments to Chief Compliance Officer Duties and Annual Reports
Derivatives The CFTC is proposing to amend its regulations regarding certain duties of chief compliance officers, or CCOs, of swap dealers, major swap participants and futures commission... Read more →
GAO Reports on 2015 Conflict Minerals Form SDs
Public Companies and Securities GAO released an analysis of a generalizable sample of conflict minerals disclosures filed with SEC in 2015. The analysis found that an estimated 49 percent of companies in 2015... Read more →
Drafting Contracts under the New Revenue Recognition Standard
Public Companies and Securities The new revenue recognition standards under GAAP (Accounting Standards Update 2014-09; Topic 606) will be applicable to public companies for annual reporting periods beginning... Read more →