In This Issue…

  • Don’t Let Revenue Recognition Standard Trip You Up: Most public companies are preparing to adopt the FASB’s new revenue recognition standard, which applies to annual reporting periods beginning after December 15, 2017. It’s critical for companies to evaluate whether the standard introduces new risks — including fraud risks — and, most likely, to update internal controls. This article looks at the principles-based judgments the new standard calls for that may lead to trouble.

  • Understanding the SEC’s Updated Offering Exemption Rules: Public companies are generally required to register securities offerings with the SEC. But some offerings may be exempt from registration, saving significant time and money. This article explains how the SEC recently updated Rule 147 and added a new Rule 147A to make it easier for qualifying small public companies to raise capital from investors.

Read the issue here: Public Company Insights – August 2017

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