Tag Archive | MHM Messenger
MHM’s Boardroom Briefing for SEC Clients
SEC Chairman Mary Jo White takes the reins of the Securities and Exchange Commission at a time of unprecedented challenges and complexities. In our most recent MHM Messenger, Mayer Hoffman McCann P.C. welcomes Chairman White and provides highlights of other current events and trends that may affect boards of public companies and may warrant discussion […]
How will the Changes to the Reporting Requirements for Reclassifications from AOCI Affect You?
The FASB has amended the reporting requirements for reclassifications out of accumulated other comprehensive income. The changes are described in Accounting Standards Update 2013-02, and they take effect on a staggered basis for public and private companies. The chart below helps summarize the changes for both types of companies. Tables can be found as an […]
Is Your Company Properly Disclosing Offset Assets and Liabilities? New Requirements Take Effect in 2013
Starting with 2013 financial statements, companies need to make additional disclosures about assets and liabilities that are offset on their balance sheets. These disclosures are expected to be helpful to users of financial statements, and they will be slightly less onerous than originally expected, thanks to a clarification issued by the FASB earlier this year […]
What are the Major Differences between the AICPA’s Proposed Framework and US GAAP?
The AICPA has proposed the use of a principles-based framework as a practical compromise between GAAP and the unmet needs of some financial statement users. At Mayer Hoffman McCann P.C. we’ve been following this topic closely. For your convenience, we’ve compiled the list below which highlights a number of areas in which the OCBOA framework […]
