AM Now EP 9.27.23: FASB Update on Software Costs, EITF on Conversion Guidance, and Income Tax Disclosures
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If you want to know what’s going on this week in accounting and finance, Adam Olsen and Nicole Harger have your back with some critical updates, including: An update on the tentative FASB board decisions on its project focused on the accounting for and disclosure of software costs. Decisions from the Emerging Issues Task Force (“EITF”) that, if a consensus is reached, would require entities to apply the pre-existing contract approach when accounting for induced conversions of cash convertible debt instruments The SEC’s issuance of their fund “names rule” amendments For more information on these and related topics: Accounting for and Disclosure of Software Costs Induced Conversions of Convertible Debt Instruments SEC Enhances Rule to Prevent Misleading or Deceptive Fund Names Connect with Embark on:  LinkedIn Instagram Twitter Facebook YouTube Listen to AM Now on Apple Podcasts, Google Play, and Spotify.
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