Newsflashes

Mar 21, 2014FASB issues private company VIE alternative The Financial Accounting Standards Board (FASB) today issued guidance intended to improve private company financial reporting regarding consolidation of lessors in certain common control leasing arrangements. FASB Accounting Standards Update No. 2014-07, Applying Variable Interest Entities Guidance to Common Control Leasing Arrangements, is based … Read morehttp://www.fasb.org/cs/ContentServer?c=FASBContent_C&pagename=FASB%2FFASBContent_C%2FNewsPage&cid=1176163912100Feb 26, 2014NewsFlash: CTA Industry Briefing 2014 Kickoff Thanks to everyone who attended the Colorado Technology Association Industry Collaboration Briefing this morning! CTA hosts an Industry Collaboration Briefing (most months on the 1st Wednesday at 7:30am monthly) where we provide updates on activity, programs and trends in: Public policy related to building a technology and business friendly … Read moreJan 28, 2014NewsFlash: SASB Opened Comment Period for Draft Standards in the Non-Renewables Sector On January 14, 2014, the Sustainability Accounting Standards Board™ (SASB™) opened a comment period for its draft standards for industries in the non-renewables sector. The comment period for the exposure drafts ends on Monday, April 14, 2014. The Exposure Draft Standards along with more information on the SASB can be found at www.SASB.org … Read moreJan 23, 2014NewsFlash: FASB Issues Two Private Company Accounting Standards Updates On January 16, 2014 the FASB issued the first two Accounting Standards Updates (“ASU”) related to the work of the Private Company Council, or PCC. Both standards will be effective for annual periods beginning after December 15, 2014. However, early adoption is permitted for periods in which a company’s annual or interim financial statements … Read morehttp://www.fasb.org/cs/ContentServer?c=FASBContent_C&pagename=FASB%2FFASBContent_C%2FNewsPage&cid=1176163742955Jan 21, 2014NewsFlash: SEC Proposes New Rules to Regulation A Offerings The SEC voted to propose rules and forms related to the offer and sale of securities pursuant to Section 3(b) of the Securities Act of 1933, as mandated by Title IV of the JOBS Act. The proposed rules would expand the current 5 million offering exemption under Regulation A to include a new exemption from registration for offerings of up to 50 … Read more

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