Accounting Matters

AM Now EP 9.27.23: FASB Update on Software Costs, EITF on Conversion Guidance, and Income Tax Disclosures


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If you want to know what’s going on this week in accounting and finance, Adam Olsen and Nicole Harger have your back with some critical updates, including:


  • An update on the tentative FASB board decisions on its project focused on the accounting for and disclosure of software costs.
  • Decisions from the Emerging Issues Task Force (“EITF”) that, if a consensus is reached, would require entities to apply the pre-existing contract approach when accounting for induced conversions of cash convertible debt instruments
  • The SEC’s issuance of their fund “names rule” amendments


For more information on these and related topics:


Accounting for and Disclosure of Software Costs

Induced Conversions of Convertible Debt Instruments

SEC Enhances Rule to Prevent Misleading or Deceptive Fund Names


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