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Category: Accounting

Leased office space with retail options

SEC Exercises Patience in Enforcing New Lease Accounting Standard

Leased office space with retail options

Parents have an instinctive sense of which household rules to enforce ruthlessly (“don’t lie” comes to mind), and which to be more lenient with (curfews, maybe). As it turns out, the same can be said of the Securities and Exchange Commissio...

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Caution: Slow Road Ahead

EGCs Say Not So FASB on New Lease Standard

Caution: Slow Road Ahead

You’ve been worried about facemasks. You’ve been worried about antibody tests. You’ve been worried about whether your seventh grader’s brain is atrophying, and also why her school district is sending so very many emails. The last thing you...

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Forbes' Money Briefcase in black and white

Corporate Debt Issuances Spike in Pandemic

Forbes' Money Briefcase in black and white

In the pandemic, we’ve all become hoarders. Toilet paper. Disinfectant. Meat. And apparently, if you are a public company, there’s another staple you’re stockpiling in the basement: cold hard cash. According to data from the Intelligize pla...

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Combo Burger Meal with fries on checkered basket

PPP Presents PR, Accounting Pickles for Public Companies

Combo Burger Meal with fries on checkered basket

Shake Shack is one of America’s favorite guilty pleasures. But it turns out the Shack isn’t immune to feeling some guilt itself. Last week, it returned a $10 million loan it had ordered from the Paycheck Protection Program (PPP). After disc...

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Hand print brushed for forensics in corpfin

As Comment Letters Decrease, SEC Keeps Focus on Non-GAAP Accounting

Hand print brushed for forensics in corpfin

If you’re seeking evidence of the Securities and Exchange Commission’s deregulatory bent in the Trump administration, look no further than the number of comment letters being issued by the agency each year. Since Jay Clayton took over as ch...

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