Accounting Matters

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


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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 to issuers’ share repurchases
  • The ISSB’s recent exposure draft on its proposed methodology for amending the non-climate-related SASB Standards metrics


For more information on these and related topics:


FASB Issues Proposal to Clarify Accounting Guidance Related to Profits Interest Awards

PCC April 25, 2023 Meeting Recap

SEC Adopts Amendments to Enhance Private Fund Reporting

SEC Adopts Amendments to Modernize Share Repurchase Disclosure

ISSB Exposure Draft


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