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Accounting Matters

140 episodes - English - Latest episode: 4 days ago - ★★★★★ - 62 ratings

Accounting Matters lives up to its title, covering vital accounting topics that actually matter to professionals in the accounting trenches. We start with a new topic and definition every episode, then highlight and discuss the key areas, from evaluation to reporting. Accounting Matters is hosted by public accounting veterans Adam Olsen & Nicole Harger from advisory firm Embark.

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Episodes

Start-Up Company Series - Reporting Basics: The Balance Sheet

August 21, 2023 16:57 - 20 minutes - 18.7 MB

Startups have a lot going on. A lot. But all the growth in the world won’t matter if you aren’t building a solid accounting and reporting foundation. Enter our new Start-Up Company Series of episodes, focusing on financial reporting basics – the balance sheet this go-around. So join Embarkers Adam Olsen, Zac Smith, and Mack Martinez for insights, tips, and best practices specifically for startups. Dig in! For more information on startup- and reporting-related topics: 6 Ways to Imp...

ASC 606 Revenue Recognition - Engineering & Construction

August 21, 2023 07:32 - 33 minutes - 30.6 MB

To state the obvious, rev rec has some teeth. But construction and engineering companies face even more potential potholes than most thanks to a nuanced industry filled to the brim with complex contracts. That's why Embarkers Adam Olsen, Zac Smith, and Donald Thomas devoted an entire Accounting Matters episode on 606 issues for construction and engineering companies. Enjoy! For more information on ASC 606 and related topics: Navigating ASC 606 Revenue Recognition: A Comprehensive ...

AM Now EP 8.15.23: Accounting Firms & Crypto, IASB / Forex Update, CA Climate Reporting Bills

August 15, 2023 21:08 - 10 minutes - 9.4 MB

Once again, AM Now hosts Adam Olsen and Matt Fisser are here to deliver news from the accounting and finance world, including: Warnings from the PCAOB and SEC on “assurance” work for crypto companies The IASB recently released amendments to IAS 21, the effects of changes in foreign exchange rates The IAASB’s unanimous thumbs up to the ISSA 5000 draft, General Requirements for Sustainability Assurance Engagement Update on the two key California bills on climate reporting, SB 253 ...

AM Now 8.8.23: Big ESRS & ISSB Updates, UK ESG Disclosures, SEC on Cybersecurity, and more!

August 08, 2023 18:07 - 11 minutes - 10.7 MB

Your AM Now hosts Adam Olsen and Matt Fisser are back this week to deliver more news from the accounting & finance world, including: The finalization of the European Sustainability Reporting Standards (ESRS) ISSB on the importance of interoperability between climate disclosure standards UK plans to create Sustainability Disclosure Standards (UK SDS) Final rule on cybersecurity from the SEC More on the FASB project on the disaggregation of certain income statement expenses For ...

GHG 201 – Understanding Emission Factors

August 07, 2023 15:12 - 25 minutes - 23.7 MB

Building on our recent “GHG 101 – Introduction to Carbon Accounting” episode, Embarkers Adam Olsen, Zac Smith, and Fabian Garavito roll up their sleeves a bit higher this week. Want to know what emission factors involved in GHG (greenhouse gas) accounting and reporting mean for your accounting and reporting functions going forward? You came to the right place…so dig in! For more information on carbon accounting and related topics: Carbon Credit Accounting: Considerations for Envir...

AM Now 7.25.23: A Look at ASU 2023-03, SEC on China-Related Disclosures, Intl ESG Updates

July 25, 2023 20:27 - 7 minutes - 7.27 MB

Once again, your AM Now hosts Adam Olsen and Nicole Harger are here to discuss recent accounting news, including: Newest update from the FASB, ASU 2023-03 SEC sample letter on China-related disclosures ESMA on sustainability disclosures in prospectuses ISSB proposed IFRS sustainability disclosure taxonomy IOSCO’s key endorsement of the ISSB’s sustainability-related financial disclosures For more information on these and related topics: FASB: Accounting Standards Update No. 20...

ASC 606: Common Rev Rec Issues for Software & Tech Companies

July 24, 2023 07:00 - 40 minutes - 37.5 MB

As if ASC 606 wasn’t complicated and challenging enough! Software companies face even higher hurdles than most thanks to a nuanced industry filled to the brim with complex arrangements. But have no fear because Embarkers Adam Olsen, Zac Smith, and Donald Thomas have your back in this episode of the Accounting Matters podcast, packed with insights and best practices to ease your rev rec woes. For more information on ASC 606 and related topics: Navigating ASC 606 Revenue Recognition...

AM Now 7.18.23: SEC Updates on Money Markets & Broker-Dealers, New GASB Guide on Leases & Subs

July 18, 2023 22:28 - 7 minutes - 6.71 MB

Ready for some hot accounting topics? Join hosts Adam Olsen and Matt Fisser as they discuss what’s happening in accounting these days, including: Recent money market reforms from the SEC The SEC’s proposed amendments to broker-dealers The GASB’s newly published guide on leases and IT subscriptions    For more information on these and related topics: SEC Adopts Money Market Fund Reforms and Amendments to Form PF Reporting  SEC Proposes Rule Amendments to the Broker-Dealer Custo...

AM Now 7.12.23: Proposed ASU on Purchased Financial Assets, PCC Meeting Recap, IFRS / TCFD News

July 12, 2023 16:34 - 9 minutes - 8.59 MB

AM Now hosts Adam Olsen and Nicole Harger are at it again, delivering yet another round of critical updates from the accounting world, including: The FASB’s proposed standard update to improve the accounting for purchased financial assets under ASC 326 A quick recap of the recent Private Company Council (PCC) meeting held at the end of June The IFRS Foundation takes over the monitoring of sustainability reporting progress from the TCFD.   For more information on these and relate...

Navigating the Ins and Outs of S-X Rule 3-05

July 10, 2023 07:00 - 23 minutes - 21.3 MB

Are you a public entity? And have you acquired – or will acquire – a significant business? Well, then do we have a stout SEC reg for you. Meet S-X Rule 3-05, a key piece of regulation registrants must know to file financial statements for an acquired business. And wouldn’t you know it – Embarkers Adam Olsen and Zac Smith cover that very topic on this episode of Accounting Matters. So pull up a seat and join us! For more information on S-X Rule 3-05 and acquisitions: Financial Disc...

AM Now 6.27.23: Big IFRS / GSCR News, Updates from PCAOB, the SEC on Swap Position Reporting

June 27, 2023 21:12 - 10 minutes - 9.16 MB

AM Now hosts Nicole Harger and Matt Fisser break down this week’s news on the accounting front, including: The IFRS announced it officially launched its new global sustainability and climate disclosure standards (GSCR). The SEC reopened its comment period for its proposed rule on position reporting of large security-based swap positions. PCAOB issues a proposal to bring greater clarity to certain auditor responsibilities when using technology-assisted analysis A summary of the r...

GHG 101 – Introduction to Carbon Accounting

June 26, 2023 07:00 - 37 minutes - 34.3 MB

Accounting for GHG (greenhouse gasses) is exactly how you think it is – unfamiliar and complex. And, like it or not, it’s going to be a requirement for many businesses soon. So join Embarkers Adam Olsen, Zac Smith, and Fabian Garavito for a discussion on carbon accounting, the common frameworks and disclosures in place, and what you need to do to help your business capture and report the right data. For more information on carbon  accounting and related topics: Carbon Credit Accou...

AM Now 6.21.23: Updates on the SEC Agenda, EITF, ISSB, Exchange Clawback Standards, and PCAOB/Crypto

June 21, 2023 07:00 - 8 minutes - 20 MB

In this episode of AM Now, hosts Adam Olsen and Matt Fisser cover a veritable potpourri of accounting news, including: The SEC spring 2023 reg-flex update on the expected timing of the final climate change disclosure rule, ESG investment practices, cyber risk disclosures, and more Continued discussions from the EITF on its recently added project, EITF Issue No. 23-A: Induced Conversions of Convertible Debt Instruments.   The ISSB is working towards issuing its first two sustainab...

AM Now 6.14.23: FASB Adds to the Conceptual Framework, New SEC Rulemaking, PCAOB Proposed Standards, and ISSB & CSRD Updates

June 14, 2023 14:08 - 11 minutes - 10.2 MB

In this episode of AM Now, your hosts Adam Olsen and Nicole Harger dive deep into this week’s accounting news, including: The FASB describes a reporting entity in the recently released Chapter 2 of the Conceptual Framework. The SEC adopting three rules, two relating to the securities-based swaps markets and another removing and replacing references to credit ratings from existing exceptions in Rule 101 and Rule 102 of Regulation M The PCAOB issuing a proposal to increase auditor ...

Making the Switch from Cash to Accrual Basis of Accounting

June 12, 2023 09:00 - 25 minutes - 23.4 MB

Making the switch from cash to accrual accounting is like being called up to the majors – it’s a big deal. To help you with that transition, Embarkers Adam Olsen, Zac Smith, and Mack Martinez take a deep dive into the process in this episode of Accounting Matters. So dig in, because some prime-grade insights and best practices are heading your way. For more information on accrual accounting and related topics: Cash to Accrual: How to Convert to GAAP Accounting Navigating ASC 606 ...

AM Now 6.6.23: IASB Supplier Finance Disclosures, GASB on Infrastructure Assets, the SEC on Crypto Platforms

June 06, 2023 22:20 - 8 minutes - 8.15 MB

As always, you’re trusty AM Now hosts, Adam Olsen and Matt Fisser, are here to discuss this week’s accounting news, including: The IASB’s new disclosure requirements to enhance the transparency of supplier finance arrangements, including effects on a company’s liabilities, cash flows, and exposure to liquidity risk. The GASB recently adding a new project to its technical agenda, focusing on the accounting for infrastructure assets.   The SEC dropping the hammer with security law ...

Going Green – Accounting for Environmental Credits

May 29, 2023 07:00 - 31 minutes - 28.5 MB

Accounting for environmental credits might not make splashy headlines but that doesn’t mean they aren’t important. Soon to be critical, in fact. So join Embarkers Adam Olsen, Zac Smith, and Nicole Harger for this area of accounting that’s playing an increasingly vital role in an ESG-dominated landscape for CFOs and their teams. For more information on accounting for environmental credits and related topics: Carbon Credit Accounting: Considerations for Environmental Credits FASB P...

AM Now 5.24.23: FASB on Disclosure Improvements, ISSB Priorities, IAASB on Going Concern & More

May 24, 2023 22:51 - 7 minutes - 6.63 MB

Join AM Now hosts Adam Olsen and Nicole Harger for a lively discussion on what’s happening in the accounting world this week, including: The FASB’s tentative board decisions relating to its proposed accounting standard update for disclosure improvements The International Sustainability Standards Board’s (ISSB) consultation on agenda priorities The International Auditing and Assurance Standards Board’s (IAASB) proposed revisions for their audit standard on going concern ChatGPT-4...

AM Now EP 5.17.23: FASB on Profits Interest Awards, PCC Event Highlights, Updates from the SEC & ISSB

May 17, 2023 07:00 - 17 minutes - 15.9 MB

In another gangbuster of an AM Now episode, your hosts Adam Olsen and Nicole Harger discuss what’s happening this week in the accounting world, including: An overview of the FASB’s newest proposed standard on accounting for profits interest awards A summary of the topics discussed and outcomes from the Private Company Council’s most recent meeting, including software costs, crypto assets, stock comp disclosures, and more Recent SEC developments on Form PF and disclosures related ...

Say Goodbye to Manual Processes with Alteryx and Automated Accounting

May 15, 2023 07:00 - 28 minutes - 28.2 MB

Manual processes are every finance organization’s kryptonite – slow, tedious, susceptible to errors and inaccuracies. But as Embarkers Adam Olsen, Zac Smith, and Hayden McHan discuss in this episode of Accounting Matters, Alteryx puts those issues to rest with automated efficiencies that your people, stakeholders, and auditors will all love. For more information on Alteryx and automation: Alteryx for Accounting: The Future of the Finance Organization Enhancing Your Accounting Fun...

AM Now 5.02.23: New EITF Project, the SEC on LIBOR, Clawback Update, Sustainability Reporting

May 02, 2023 21:13 - 7 minutes - 6.62 MB

In this week’s AM Now, hosts Adam Olsen and Matt Fisser cover a veritable cornucopia of accounting topics, including: The FASB added a new project to its Emerging Issues Task Force – induced conversion accounting on certain settlements of convertible debt instruments that occur on terms that differ from the stated contractual conversion provisions. Now that’s a mouthful. The SEC’s recently issued investor bulletin highlighting the ongoing transition from LIBOR The SEC extended th...

Tag Along with XBRL

May 01, 2023 07:00 - 23 minutes - 21.5 MB

A bit mystified by EXtensible Business Reporting Language, aka XBRL? Then you’re in the right place, because Embarkers Adam Olsen, Zac Smith, and Sarah Keiffer just took a deep dive into all things XBRL, discussing the who, what, where, when, and why behind this curious but impactful little reporting acronym. So come along for the ride, shall you?! For more information on XBRL and related topics: XBRL: The Business Reporting Standard XBRL US Center for Data Quality Public Compan...

AM Now EP 4.26: CPA Exam News, the PCAOB on Audit Skepticism, ChatGPT Flunks Accounting

April 26, 2023 21:29 - 6 minutes - 6.18 MB

Join hosts Adam Olsen and Nicole Harger for this week’s AM Now where they discuss: NASBA changing its Uniform Accountancy Act Model Rules, increasing the time a CPA candidate has to complete the exam after passing the first section from 18 months to 30 months A recent PCAOB report discussing the importance of a more skeptical eye when auditing a company’s financials As ubiquitous and successful as ChatGPT has been recently, the technology averaged a mere 47% on accounting exams a...

AM Now 4.18: Update on PCAOB Inspection Plans and the SEC’s Definition of “Exchange”

April 18, 2023 23:26 - 7 minutes - 6.83 MB

This week in AM Now, Embarkers Adam Olsen and Matt Fisser discuss what’s happening on the accounting and finance front, including: The PCAOB’s ongoing concerns over audit quality and how they’ll address them in their 2023 inspection plans. The SEC just reopened the comment period for its proposed amendments to the definition of “exchange” under the Exchange Act in light of crypto assets and DeFi systems For more information on these topics: 2023 Inspections to Prioritize Audit R...

Proxy Matters: The New Pay vs. Performance Disclosure Rule

April 17, 2023 07:00 - 28 minutes - 25.9 MB

In the latest episode of your favorite accounting podcast, Accounting Matters hosts Adam Olsen and Zac Smith dissect the SEC’s final rule on pay vs. performance. Executive comp is a hot button issue sitting under a hot spotlight – and that’s an awful lot of hotness. So pull up a seat, registrants, because this is an important one you’re going to want to take notes on. For more information on pay vs. performance and related topics: SEC Adopts Pay Versus Performance Disclosure Rules...

AM Now 4.11: Ongoing FASB Projects, ISSB Transition Relief, and Executive Clawback Update

April 11, 2023 23:27 - 11 minutes - 10.4 MB

Join Embarkers Adam Olsen and Nicole Harger for this week’s AM Now, where they discuss what’s going on in the world of accounting and finance, including: The FASB’s proposed ASU on joint venture formations Update on potential recognition and measurement models on accounting for software costs ISSB transition relief for IFRS S1, the general requirement disclosure for sustainability-related financial information Thirsty for more knowledge? Then check out these other resources on r...

AM Now EP 4.03: New ASU on Proportional Amortization, COSO ESG Guidance, FASB Projects Update, and more!

April 05, 2023 07:00 - 8 minutes - 7.59 MB

In this week’s AM Now, Embarkers Adam Olsen and Matt Fisser discuss what’s going on in the world of accounting and finance, including: ASU 2023-02, Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method Updates on FASB projects – the conceptual framework (reporting entity), income statement expense disaggregation, and credit losses for acquired financial assets COSO guidance on effective internal controls over sustainability reporting (ICSR...

CECL – Private Companies, It’s Your Turn Now

April 03, 2023 07:00 - 38 minutes - 34.9 MB

In this week’s episode of Accounting Matters, Embarkers Adam Olsen, Zac Smith, and Nicole Harger discuss a topic that’s been on a lot of CFOs’ minds lately – ASC 326, better known as CECL. This time, it’s private companies stepping into the batter’s box, and our   resident GAAP gurus are here to provide all of the juicy details. So join in, won’t you?! For more information on CECL and related topics: Preparing for the Current Expected Credit Loss (CECL) Model ASU 2022-02: Financi...

AM Now EP 3.28: First ASU of 2023, Crypto Accounting, IFRS Amendments on Financial Instruments

March 29, 2023 18:09 - 10 minutes - 9.99 MB

Join us for the latest episode of AM Now, where hosts Adam Olsen and Nicole Harger discuss: Hot off the presses – ASU 2023-01, Common Control Lease Arrangements Update on the FASB’s fast-moving crypto asset project and proposed disclosures The IASB exposure draft on accounting for financial instruments under IFRS 7 The SEC’s proposed modernization of forms, filings, and materials submissions Texas’s bill that would allow CPA candidates to sit for the exam with 120 only hours H...

AM Now EP 3.21: Proposed income tax ASU, 2023 proxy season & more!

March 22, 2023 15:58 - 11 minutes - 10.4 MB

In this week’s AM Now, Embarkers Adam Olsen and Matt Fisser tackle:: The FASB’s proposed enhancements to income tax disclosures The SEC’s recently proposed three rules related to cybersecurity and data breaches The IASB accelerating standards on disclosures concerning supply chain finance programs Key considerations for companies as they transition from audit season to proxy season For more information on these and related topics: FASB Project Update: Improvements to Income Ta...

Raising Green for Green – Accounting for Sustainability-Linked Debt

March 20, 2023 13:08 - 32 minutes - 29.9 MB

In this episode of Accounting Matters, Embarkers Adam Olsen and Zac Smith zoom in on sustainability-linked debt, how it works, why it exists, and the potential complications it might cause for accounting teams. So pull up a chair and have a listen! For more information on sustainability and ESG-related topics: ESG Reporting Best Practices: Implementation & Beyond Effective ESG Leadership: A Competitive Advantage That’s Tough to Beat Why ESG Is So Important to Your Organization's...

AM Now EP 3.14: Silicon Valley & Signature Bank Crises, AICPA Updates on Audits Standard & Digital Assets

March 15, 2023 08:00 - 7 minutes - 6.66 MB

In this particularly timely episode of AM Now, Embarkers Adam Olsen and Nicole Harger roll up their sleeves to discuss: The recent banking crises, ASC 275, FDIC insurance, risk management, and other areas finance leaders should know in light of the events around SVB & Signature Bank Auditing standard and digital asset updates from the AICPA  by way of SAS 149 and its Digital Assets Practice Aid For more information on these and related topics: Crypto Accounting: Decrypting Digit...

AM Now EP 3.07: Non-GAAP measures, A.I. and accounting intersect, and IFRS Sustainability Symposium

March 08, 2023 09:00 - 7 minutes - 6.53 MB

In this episode of your favorite weekly accounting & finance podcast, AM Now hosts Adam Olsen and Matt Fisser discuss: The SEC’s continued focus on non-GAAP measures Artificial intelligence’s potential in capital allocation decisions for investors The recent IFRS Sustainability Symposium, the ISSB and their standards    So join in on the party, shall you? For more information on these and related topics: ESG Reporting Best Practices: Implementation & Beyond SEC: Non-GAAP Fina...

Executive Clawbacks: How the SEC Ruling Impacts Compensation

March 06, 2023 09:00 - 36 minutes - 33.6 MB

Join Embarkers Adam Olsen, Zac Smith, and Chase Anderson for a hearty conversation on the recent “executive clawback” ruling from the SEC. They discuss the rule itself, where “Big R” and “Little r” restatements fit into the mix, and what it all means for corporate accounting and leadership teams. So pull up a chair and have a listen! For more information on executive clawbacks and related topics: Statement on Final Rules Regarding Clawbacks of Erroneously Awarded Compensation Met...

AM Now EP 2.28: Inflation’s Impact on Corporate Accounting, FASB and CPA Updates, ISSB Standards

March 01, 2023 19:27 - 7 minutes - 7.32 MB

In this week’s AM Now, Embarkers Adam Olsen and Nicole Harger look at the recent inflation report from the US Department of Commerce, the interest rate environment, and how they can impact impairment and valuation analyses, cash flow, MD&A disclosures, and more. The dynamic duo also touch on FASB website enhancements, CPA licensure education requirements, and the recent move from the ISSB on solidifying its initial sustainability reporting standards. So join the fun! For more infor...

AM Now EP 2.21: PCAOB Crypto Oversight, SEC Proposed Custody Rule Changes

February 22, 2023 17:26 - 7 minutes - 6.96 MB

Join Embarkers Adam Olsen and Matt Fisser for this week’s AM Now episode, where they’re taking a dive into PCAOB oversight (or lack thereof) of crypto assets in the FTX aftermath, as well as the SEC revisiting the so-called Custody Rule. For more information on these and related topics: Crypto Accounting: Decrypting Digital Assets for CFOs and CAOs Lack of Crypto Audit Regulation Raises Questions About PCAOB Authority SEC Proposes Enhanced Safeguarding Rule for Registered Invest...

Buy Now, Pay Later: Rise of the Supplier Finance Program

February 20, 2023 08:00 - 23 minutes - 21.3 MB

Nothing like a hearty supplier finance arrangement to make a well-meaning accountant’s eyes glaze over a bit, huh? Well, as Embarkers Adam Olsen, Zac Smith, and Nicole Harger discuss in this Accounting Matters episode, these programs can be a benefit to all parties involved, with the latest guidance update just increasing transparency around them. In other words, there’s nothing to fear but fear itself. And snakes. But certainly not these arrangements. For more information on suppl...

A.M. Now | FASB updates, SEC & comp clawbacks, and more | 2/15/23

February 16, 2023 19:11 - 5 minutes - 4.92 MB

It’s a busy time for accounting peeps. In this episode of AM Now, Embarkers Adam Olsen and Nicole Harger discuss: Recent FASB news regarding crypto accounting and a future ASU More FASB updates on the common control lease arrangement project The executive clawback rule from the SEC and what it means for registrants For more information on these topics: Crypto Accounting: Decrypting Digital Assets for CFOs and CAOs Accounting for and Disclosure of Crypto Assets Project Update ...

Restatements Pt. 2: Evaluating Accounting Errors When Things Go Sideways

February 06, 2023 17:16 - 33 minutes - 30.7 MB

Accounting doesn’t always go smoothly. Errors can and do happen, even for the most veteran of accountants, CFOs, and companies. So what do you do when mistakes join the reporting party? That’s exactly what Adam Olsen, Zac Smith, and Nicole Harger discuss in this second episode of our Accounting Matters series on restatements. So turn it up! For more information on accounting errors, financial reporting, and related topics: ASC 250—Accounting Changes and Error Corrections 10 Reaso...

Restatements Pt. 1: Navigating Accounting Changes

January 23, 2023 09:00 - 33 minutes - 31 MB

GAAP isn’t set in stone. It’s dynamic, just like the business environment itself. So when there’s a change in accounting principles, you need to adapt to them. In this episode of Accounting Matters, Embarkers Adam Olsen, Zac Smith, and Nicole Harger discuss that process and what it means when you’re trying to close the books. For more information on accounting changes, financial reporting, and related topics: ASC 250—Accounting Changes and Error Corrections 10 Reasons Your Financ...

Tackling Your First-Year Audit

January 09, 2023 17:00 - 29 minutes - 27 MB

Audits don’t give CFOs and their teams the warm and fuzzies. That’s especially true for a first-year audit, where unfamiliarity can quickly crank the anxiety up to eleven. But that’s why you should pull up a chair and have a listen to this latest episode of the Accounting Matters Podcast, where Embarkers Adam Olsen, Zac Smith, and Dawna Boone give you the lay of the audit land. For more information on financial statement audits and related topics: Financial Statement Audit: Tips &...

AICPA & CIMA Conference Highlights: ESG

December 30, 2022 10:00 - 20 minutes - 18.4 MB

This isn’t the first time we’ve discussed ESG on the Accounting Matters podcast, and it definitely won’t be the last. Our attendance at the 2022 AICPA & CIMA conference only confirmed the hyper-relevance of this essential topic, where ESG was top-of-mind throughout the three days. So join us for this special episode as Embarkers Adam Olsen and Robbie Sundberg discuss everything they heard about ESG reporting and, most importantly, what it means for your reporting going forward. For...

AICPA & CIMA Conference Highlights: Crypto, Digital Assets, and Digitalization

December 29, 2022 10:00 - 18 minutes - 16.9 MB

So, digital assets – cryptocurrencies, in particular – are having a bit of a moment right now, aren’t they? This volatility only creates an avalanche of questions around accounting and reporting for crypto from CFOs and their teams. That’s why Embarkers Adam Olsen and Donald Thomas are spilling the beans on what they heard on this important topic at the recent AICPA & CIMA conference. So join in on the fun! For more information on accounting for digital assets: Crypto Accounting: ...

AICPA & CIMA Conference Highlights: Cybersecurity

December 28, 2022 10:00 - 20 minutes - 18.5 MB

When it comes to reporting, there aren’t too many topics more relevant for CFOs and their teams than cybersecurity. That’s why Embarkers Adam Olsen and Chase Anderson sat to discuss what they heard on this critical topic during the recent AICPA & CIMA conference, including: Improved reporting and transparency for financial statement users Materiality, both quantitative and qualitative The evolution of cybersecurity and risks SEC cyber proposals And more! For more information o...

AICPA & CIMA Conference Highlights: FASB Priorities

December 27, 2022 10:00 - 19 minutes - 17.5 MB

FASB. GAAP. Technical accounting. That’s the language accountants speak, so it’s no wonder the 2022 AICPA & CIMA conference focused on FASB priorities. Therefore, it just makes sense for Embarkers Adam Olsen and Nicole Harger to share everything they heard about the FASB’s crowded upcoming agenda during the conference. So join us for a discussion on critical topics like: The FASB’s standard-setting process Accounting for crypto assets Disaggregation and transparency FASB and IAS...

AICPA & CIMA Conference Highlights: SEC Priorities

December 26, 2022 10:00 - 28 minutes - 25.7 MB

Want to know what the SEC is prioritizing on the reporting front in the near and longer-term future? Or the advice it has to offer companies right now? Then join Embarkers Adam Olsen and Jana Gregory as they discuss key takeaways from the AICPA & CIMA conference, including: The role of the SEC Regulations Transparency for investors MD&A Non-GAAP measurements Pay vs performance And so much more! For more information on SEC reporting and related topics: Get to Know SEC Report...

AICPA & CIMA Conference Highlights: Quality Financial Reporting

December 23, 2022 10:00 - 19 minutes - 17.9 MB

In this special edition of the Accounting Matters podcast, Embarkers Adam Olsen and Nicole Harger dive into all things financial reporting. Specifically, they discuss: The importance of financial reporting & transparency during economic uncertainty Accounting estimates/judgments impacted by uncertainty Disclosures, today and going forward Rising expectations around disaggregation Direct method cash flow statements And so much more! For more information on financial reporting ...

Accounting and Reporting During Uncertain Economic Times

December 06, 2022 08:00 - 45 minutes - 41.7 MB

Global pandemic. The Great Resignation. Decades-high inflation. Geo-political strife. The last few years have been, in a word – trying. But as we discuss in this latest Accounting Matters episode, businesses don’t have the option of sitting on their hands and hoping for the best. So join Embarkers Adam Olsen, Zac Smith, and James Durrenburger for a look at the many ways economic uncertainty impacts a company’s accounting and reporting.  For more information on accounting and report...

Accounting Impacts of Natural Disasters: Expect the Unexpected

November 21, 2022 09:00 - 44 minutes - 40.9 MB

The laundry list of things that can go bump in the financial night for businesses is long and terrifying. That’s why your company needs to understand how to proceed when everything seems upside down. So join Embarkers Adam Olsen, Zac Smith, and Lou Port for an in-depth discussion on what a company might face on the accounting front when the unthinkable happens. For more information on accounting for natural disasters and related topics: Accounting for the Impairment of Long Lived ...

Let’s Get Digital – Decrypting Digital Assets

November 07, 2022 09:00 - 42 minutes - 39.3 MB

Bitcoin, Ethereum, NFTs, Blockchain – accounting for today’s world of digital assets is a migraine waiting to happen. That is, unless you have the right experts leading the way. Enter Adam Olsen, Zac Smith, and Matt Fisser, three Embarkers who just happen to possess that very expertise. So join us for this incredibly informative episode as we cover basic definitions and concepts, what the SEC and GAAP have to say on the topic, and so much more! For more information on accounting fo...

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