Adam Olsen and Matt Fisser are here to dish all of the post-Fourth of July accounting & finance news you need to know, including: FASB’s plans to improve ASC 350-40, requiring an entity to use more judgment to determine when to recognize software costsProgress on FASB’s project for disaggregation of income statement expensesSneak peek at the AICPA’s update to their Valuation of Privately Held Company Equity Securities Issued as Compensation—aka the Cheap Stock Guide.Announced improvements to the SEC websiteNew interpretive guidance from the SEC to clarify its recent cybersecurity rulesIASB finalizing the revision of IFRS Practice Statement 1, Management CommentaryISSB’s plan to harmonize and consolidate the global sustainability disclosure landscape Update on the FTC rule effectively banning noncompete agreements in the US For more on this week’s topics: FASB: Tentative Board Decisions, Accounting for and Disclosure of Software Costs FASB: Tentative Board Decisions, Disaggregation—Income Statement Expenses Working Draft of Chapters 8 and 9 from the Valuation of Privately-Held-Company Equity Securities Issued as Compensation Accounting and Valuation Guide SEC Updates Website to Improve Compliance, Functionality, and User Experience Cyber Update: SEC Issues New Guidance on Cybersecurity Incident Disclosure IASB agrees to finalise the revision of the Management Commentary Practice Statement ISSB delivers further harmonisation of the sustainability disclosure landscape Federal judge partially blocks U.S. ban on noncompetes Connect with Embark on:  LinkedInInstagramTwitterFacebookYouTube Listen to AM Now on Apple Podcasts and Spotify.