AM Now EP 8.29.23: ASU 2023-05, SEC Updates on Private Fund Advisors & Safeguarding Customer Assets
August 29, 20237m 51sbonus
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Show Notes
Guess what? Embarkers Adam Olsen and Nicole Harger are back at it with this week’s goings-on in accounting and finance, including:
- The FASB’s recent Accounting Standards Update 2023-05 aimed at enhancing transparency and consistency in financial reporting for joint ventures.
- New SEC rules and amendments under the Advisers Act designed to provide better safeguards for investors and ensure greater transparency in the private fund sector.
- The SEC’s announcement on reopening the comment period for its "Safeguarding Advisory Client Assets" proposal.
For more information on these and related topics:
FASB: ASU 2023-05, Business Combinations–Joint Venture Formations
SEC Enhances the Regulation of Private Fund Advisers
SEC: Safeguarding Advisory Client Assets; Reopening of Comment Period
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Topics
accountingfinancebusiness