find your solution.
search for solutions by category, industries, insights, and people.
search for solutions by category, industries, insights, and people.
search for solutions by category, industries, insights, and people.
In this edition of the Quarterly Financial Services Update, we’ve compiled the latest information on financial reporting and accounting issues - some of which are currently being evaluated by regulatory agencies and not resolved at this time. Inside, you’ll find a FASB update, a regulatory update, and an overview of projects on the horizon for the FASB, EITF, and PCC.
We have also compiled a list of items for consideration in your financial reporting and disclosures for the second quarter and a summary of recently issued accounting pronouncements (see Appendices for a summary of recently issued accounting pronouncements and the related effective dates).
As always, our team is here to help you navigate these complexities. Reach out to us below to get started.
“Elliott Davis" is the brand name under which Elliott Davis, LLC or PLLC and Elliott Davis Advisory, LLC and its subsidiary entities provide professional services. Elliott Davis, LLC or PLLC and Elliott Davis Advisory, LLC (and its subsidiary entities) practice as an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable law, regulations and professional standards. Elliott Davis, LLC or PLLC is a licensed independent CPA firm that provides attest services to its customers. Elliott Davis Advisory, LLC and its subsidiary entities provide tax and business consulting services to their customers. Elliott Davis Advisory, LLC and its subsidiary entities are not licensed CPA firms. The entities falling under the Elliott Davis brand are each individual firms that are separate legal and independently owned entities and are not responsible or liable for the services and/or products provided by any other entity providing services and/or products under the Elliott Davis brand. Our use of the terms “our firm” and “we” and “us” and terms of similar import, denote the alternative practice structure conducted by Elliott Davis, LLC or PLLC and Elliott Davis Advisory, LLC.
The information provided in this communication is of a general nature and should not be considered professional advice. You should not act upon the information provided without obtaining specific professional advice. The information above is subject to change.
