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 related topics:

Proposed Accounting Standards Update, Financial Instruments—Credit Losses (Topic 326)

PCC Meeting Recap

IFRS to Take Over Responsibilities of the TCFD

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