Accounting Matters (Embark)
Explore every episode of Accounting Matters
| Pub. Date | Title | Duration | |
|---|---|---|---|
| 09 Jan 2023 | Tackling Your First-Year Audit | 00:29:31 | |
Audits don’t give CFOs and their teams the warm and fuzzies. That’s especially true for a first-year audit, where unfamiliarity can quickly crank the anxiety up to eleven. But that’s why you should pull up a chair and have a listen to this latest episode of the Accounting Matters Podcast, where Embarkers Adam Olsen, Zac Smith, and Dawna Boone give you the lay of the audit land. For more information on financial statement audits and related topics: Financial Statement Audit: Tips & Insights on Tackling Your First-Year Audit The Differences Between an AICPA Audit and PCAOB Audit Continuous Auditing Is the Value Creating Risk Detector CFOs Dream About Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 05 Sep 2023 | Understanding the SEC Cybersecurity Rules and What They Mean for Companies | 00:35:11 | |
The digital world is bananas. You’ve seen The Matrix, right? Countless bad peeps with bad intentions, all staring lovingly at your critical business data – and not in a good way. So join us for this very special episode of the Accounting Matters podcast as we dive into the new SEC cybersecurity rules, why they’re so essential, and, perhaps most importantly, what they mean for your company and financial reporting. For more information on the SEC cybersecurity rules: Understanding the SEC Cybersecurity Rules and What They Mean for Companies SEC: Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 02 Oct 2023 | CECL – Private Companies, It’s Your Turn Now | 00:38:09 | |
In this week’s episode of Accounting Matters, Embarkers Adam Olsen, Zac Smith, and Nicole Harger discuss a topic that’s been on a lot of CFOs’ minds lately – ASC 326, better known as CECL. This time, it’s private companies stepping into the batter’s box, and our resident GAAP gurus are here to provide all of the juicy details. So join in, won’t you?! For more information on CECL and related topics: Preparing for the Current Expected Credit Loss (CECL) Model ASU 2022-02: Financial Instruments, Credit Losses ASC 326, Financial Instruments—Credit Losses Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 23 Dec 2022 | AICPA & CIMA Conference Highlights: Quality Financial Reporting | 00:19:33 | |
In this special edition of the Accounting Matters podcast, Embarkers Adam Olsen and Nicole Harger dive into all things financial reporting. Specifically, they discuss:
For more information on financial reporting and related topics: Public Company Financial Reporting & Disclosure Requirements Why You Shouldn't Report From Your ERP 10 Reasons Your Financial Reporting Is Too Slow Or Inaccurate Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 18 Oct 2023 | AM Now EP 10.17.23: The SEC on Beneficial Ownership, Tentative FASB Decisions, the ‘23 TCFD Status Report | 00:11:25 | |
Just as they do every week, Embarkers Adam Olsen and Nicole Harger are here to deliver the accounting and finance news, including:
For more information on these and related topics: SEC Fact Sheet: Modernization of Beneficial Ownership Reporting Tentative Board Decisions: Wednesday, October 11, 2023 FASB Board Meeting TCFD Report Finds Sharp Increase in Company Disclosure of Climate Risks and Opportunities Connect with Embark on: Listen to AM Now on Apple Podcasts, Google Play, and Spotify. | |||
| 24 Oct 2022 | To Fair Value or Not to Fair Value? That Is the Question. | 00:30:55 | |
You didn’t think we were done with fair value after our “Fair & Square – Accounting for Fair Value Measurements” episode, did you? Au Contraire, Mon Frere. Now, Embarkers Adam Olsen, Zac Smith, and Matt Schwartz are cranking it up to 11 by bringing ASC 825 and accounting for fair value options into the mix. So get comfy because some primo insights and best practices are heading your way. For more information on fair value and related topics: ASC 820–Fair Value Measurement Accounting for Convertible Instruments: New Convertible Debt Standard & More Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 21 Aug 2023 | Start-Up Company Series - Reporting Basics: The Balance Sheet | 00:20:23 | |
Startups have a lot going on. A lot. But all the growth in the world won’t matter if you aren’t building a solid accounting and reporting foundation. Enter our new Start-Up Company Series of episodes, focusing on financial reporting basics – the balance sheet this go-around. So join Embarkers Adam Olsen, Zac Smith, and Mack Martinez for insights, tips, and best practices specifically for startups. Dig in! For more information on startup- and reporting-related topics: 6 Ways to Improve the Reporting Side of Your Record to Report Process Chart of Accounts Examples, Template, and Tips Managing Growth: 7 Critical Questions CFOs Should Ask Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 16 Feb 2023 | A.M. Now | FASB updates, SEC & comp clawbacks, and more | 2/15/23 | 00:05:21 | |
It’s a busy time for accounting peeps. In this episode of AM Now, Embarkers Adam Olsen and Nicole Harger discuss:
For more information on these topics: Crypto Accounting: Decrypting Digital Assets for CFOs and CAOs Accounting for and Disclosure of Crypto Assets Project Update Common Control Arrangements Project Update Statement on Final Rules Regarding Clawbacks of Erroneously Awarded Compensation
Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 19 Sep 2021 | Trigger Warning: Non-Financial Asset Impairments | 00:28:03 | |
PPE, right-of-use assets, intangibles, goodwill – we could go on but you get the idea. The vocabulary behind non-financial asset impairments is almost as expansive as the topic itself. So where do you even begin accounting for all it? And how? That’s the focus of this episode of Accounting Matters, where hosts Adam Olsen and Sarah Cage Richter are once again joined by fellow Embarker Jason Larkin to answer critical questions like:
For more information on non-financial asset impairments:
Connect with Embark on: | |||
| 22 Feb 2023 | AM Now EP 2.21: PCAOB Crypto Oversight, SEC Proposed Custody Rule Changes | 00:07:35 | |
Join Embarkers Adam Olsen and Matt Fisser for this week’s AM Now episode, where they’re taking a dive into PCAOB oversight (or lack thereof) of crypto assets in the FTX aftermath, as well as the SEC revisiting the so-called Custody Rule. For more information on these and related topics: Crypto Accounting: Decrypting Digital Assets for CFOs and CAOs Lack of Crypto Audit Regulation Raises Questions About PCAOB Authority SEC Proposes Enhanced Safeguarding Rule for Registered Investment Advisers Connect with Embark on: Listen to AM Now on Apple Podcasts, Google Play, and Spotify. | |||
| 16 Nov 2023 | EFRAG / CDP Alliance, the GRI’s SIL, and FASB Meeting Updates | 00:08:05 | |
Join your AM Now host Adam Olsen for another week of what’s happening in accounting and finance, including stories on:
For more information on these and related topics: The ESRS Skinny: What the European Sustainability Reporting Standards Mean for You SIL launch in Singapore: A major step forward in global sustainability reporting FASB: Tentative Board Decisions Connect with Embark on: Listen to AM Now on Apple Podcasts, Google Play, and Spotify. | |||
| 15 Aug 2021 | SPACs | 00:32:40 | |
Even though SPACs seem to be everywhere these days, there’s still a lot of confusion over certain aspects of accounting for them. That’s why we sat down with fellow Embarker Sam Sorenson for a discussion on what SPACs require from accounting teams, including:
For more information on SPACs: Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 16 May 2022 | New Rules for SPACs – Fresh Looks for an Old Friend? | 00:30:03 | |
Join Embarkers Adam Olsen, Sarah Cage Richter, Chase Anderson, and Jana Gregory for a look at the current SPAC market, where it’s been trending lately, and how the proposed disclosure requirements from the SEC would impact reporting at the IPO and de-SPAC stages. For more information on SPACs: Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 03 Jan 2022 | Accounting for Shiny New Software, Cloud, and Website Tech Costs | 00:36:21 | |
It’s great that your company bought a bunch of new tech that’s going to drive your business forward. Accounting for the tech costs isn’t always great, though. Or fun. So to save you some headaches, join us for this episode of the Accounting Matters podcast as Embarkers Adam Olsen, Sarah Cage-Richter, and Julie Avellanet walk you through the sometimes labyrinth-like guidance around this important topic. For more information on accounting for software costs, cloud computing, and website costs:
Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 16 May 2024 | FTC & Non-Competes, FASB Update, BF Borgers, New ISSB Projects & More | 00:08:41 | |
AM Now hosts Adam Olsen and Nicole Harger are back in the saddle, delivering this week’s most important accounting and finance stories, including:
Want to completely transform your financial planning and decision-making? Then download our free resource, The CFO’s Guide to Implementing a Rolling Forecast, today. For more on this week’s topics: FTC Announces Rule Banning Noncompetes FASB: Tentative Board Decisions 05-08-24 ISSB Explores Developing New Disclosure Standards for Biodiversity, Human Capital Connect with Embark on: Listen to AM Now on Apple Podcasts and Spotify. | |||
| 22 Mar 2023 | AM Now EP 3.21: Proposed income tax ASU, 2023 proxy season & more! | 00:11:21 | |
In this week’s AM Now, Embarkers Adam Olsen and Matt Fisser tackle::
For more information on these and related topics: FASB Project Update: Improvements to Income Tax Disclosures Buy Now, Pay Later: Rise of the Supplier Finance Program Connect with Embark on: Listen to AM Now on Apple Podcasts, Google Play, and Spotify. | |||
| 23 Aug 2023 | AM Now EP 8.22.23: FASB Investor Outreach, EU Carbon Border Adjustment Mechanism, SASB Update | 00:08:53 | |
Join AM Now hosts Adam Olsen and Nicole Harger for another dose of what’s happening in accounting and finance these days, including:
For more information on these and related topics: The FASB Investor Outreach Report, 2022-2023 Future of the SASB Standards: What you need to know for 2023 disclosure Connect with Embark on: Listen to AM Now on Apple Podcasts, Google Play, and Spotify. | |||
| 01 Mar 2023 | AM Now EP 2.28: Inflation’s Impact on Corporate Accounting, FASB and CPA Updates, ISSB Standards | 00:07:58 | |
In this week’s AM Now, Embarkers Adam Olsen and Nicole Harger look at the recent inflation report from the US Department of Commerce, the interest rate environment, and how they can impact impairment and valuation analyses, cash flow, MD&A disclosures, and more. The dynamic duo also touch on FASB website enhancements, CPA licensure education requirements, and the recent move from the ISSB on solidifying its initial sustainability reporting standards. So join the fun! For more information on these and related topics: ESG Reporting Best Practices: Implementation & Beyond Goodwill Impairment Testing Guide, Examples, & Accounting Tips Cash Flow Worksheet Template, Basics, & Best Practices Connect with Embark on: Listen to AM Now on Apple Podcasts, Google Play, and Spotify. | |||
| 07 Aug 2024 | FASB Proposed ASU, a Slew of IFRS Updates, New FAQs from GHG Protocol | 00:07:43 | |
Your AM Now hosts Adam Olsen and Matt Fisser are back to bring you what’s happening in accounting and finance, including stories on:
For more on this week’s topics: IFRS, Rate-Regulated Activities IFRS Exposure Draft, Amendments to IFRS 19 Subsidiaries without Public Accountability: Disclosures IFRS Exposure Draft, Climate-related and Other Uncertainties in the Financial Statements Greenhouse Gas Protocol, Corporate Standard Frequently Asked Questions Connect with Embark on: Listen to AM Now on Apple Podcasts and Spotify. | |||
| 08 Nov 2023 | Updates on the Share Repurchase Rule, P&L Data Quality, & FASB Board | 00:08:21 | |
Join Embarkers Adam Olsen and Nicole Harger for another spirited episode of AM Now, where they discuss important topics like:
For more information on these and related topics: US court tells SEC to fix 'defective' share buyback rule Changing Labels for the Same Reported Item on the Income Statement over Multiple Periods FASB: Tentative Board Decisions Connect with Embark on: Listen to AM Now on Apple Podcasts, Google Play, and Spotify. | |||
| 06 Mar 2023 | Executive Clawbacks: How the SEC Ruling Impacts Compensation | 00:36:39 | |
Join Embarkers Adam Olsen, Zac Smith, and Chase Anderson for a hearty conversation on the recent “executive clawback” ruling from the SEC. They discuss the rule itself, where “Big R” and “Little r” restatements fit into the mix, and what it all means for corporate accounting and leadership teams. So pull up a chair and have a listen! For more information on executive clawbacks and related topics: Statement on Final Rules Regarding Clawbacks of Erroneously Awarded Compensation Methods for a Summary of Misstatements: Iron Curtain vs. Rollover Approach Best Practices for Choosing & Maintaining a Stock Comp Plan Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 30 Jul 2024 | ASU 2024-01 - Profits interest guidance gets an upgrade | 00:34:17 | |
Tune into Accounting Matters as we speak about ASU 2024-01. Adam and Nicole explore how the latest profits interest guidance impacts your business & provide results-driven approaches. | |||
| 06 Aug 2024 | Leading through an accountant shortage | 00:44:47 | |
Practical ways leaders can overcome the accountant shortage from 3 managing directors with direct experience. | |||
| 11 Jul 2024 | FASB Updates, AICPA Cheap Stock Guide, Int’l ESG Reporting News & More | 00:07:16 | |
Adam Olsen and Matt Fisser are here to dish all of the post-Fourth of July accounting & finance news you need to know, including:
For more on this week’s topics: FASB: Tentative Board Decisions, Accounting for and Disclosure of Software Costs FASB: Tentative Board Decisions, Disaggregation—Income Statement Expenses SEC Updates Website to Improve Compliance, Functionality, and User Experience Cyber Update: SEC Issues New Guidance on Cybersecurity Incident Disclosure IASB agrees to finalise the revision of the Management Commentary Practice Statement ISSB delivers further harmonisation of the sustainability disclosure landscape Federal judge partially blocks U.S. ban on noncompetes Connect with Embark on: Listen to AM Now on Apple Podcasts and Spotify. | |||
| 13 Jun 2022 | Say Goodbye to Manual Processes with Alteryx and Automated Accounting | 00:28:02 | |
Manual processes are every finance organization’s kryptonite – slow, tedious, susceptible to errors and inaccuracies. But as Embarkers Adam Olsen, Zac Smith, and Hayden McHan discuss in this episode of Accounting Matters, Alteryx puts those issues to rest with automated efficiencies that your people, stakeholders, and auditors will all love. For more information on Alteryx and automation:
Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 01 May 2024 | AM Now: New updates from the FASB, SEC, and European Council on the EPBD | 00:07:07 | |
Your trusty AM Now hosts Adam Olsen and Nicole Harger return with another batch of essential accounting and finance stories, including:
For insights, tips, and a handy cash flow model template from Embark’s team of gurus: For more this week’s topics: FASB—Accounting for Government Grants FASB—Tentative Board Decisions, Topic 815 & Interim Reporting (4/10/24) Exemption for Certain Investment Advisers Operating Through the Internet Questions and Answers on the revised Energy Performance of Buildings Directive Connect with Embark on: Listen to AM Now on Apple Podcasts and Spotify. | |||
| 24 Jul 2023 | ASC 606: Common Rev Rec Issues for Software & Tech Companies | 00:40:54 | |
As if ASC 606 wasn’t complicated and challenging enough! Software companies face even higher hurdles than most thanks to a nuanced industry filled to the brim with complex arrangements. But have no fear because Embarkers Adam Olsen, Zac Smith, and Donald Thomas have your back in this episode of the Accounting Matters podcast, packed with insights and best practices to ease your rev rec woes. For more information on ASC 606 and related topics: Navigating ASC 606 Revenue Recognition: A Comprehensive Guide for CFOs ASC 606, Revenue from Contracts with Customers Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 18 Jul 2024 | Avoid ERP regret & the 25% failure rate | On-Demand Webinar | 00:30:19 | |
On today's Accounting Matters episode, we have an on-demand webinar with 2 ERP specialists who have worked on a collective 21 related projects. They will guide you though the ERP assessment process and best practices along the way. You can watch the full video here: https://www.linkedin.com/events/avoiderpregret-the25-failurerat7207077293142265858/theater/ | |||
| 14 Jun 2023 | AM Now 6.14.23: FASB Adds to the Conceptual Framework, New SEC Rulemaking, PCAOB Proposed Standards, and ISSB & CSRD Updates | 00:11:08 | |
In this episode of AM Now, your hosts Adam Olsen and Nicole Harger dive deep into this week’s accounting news, including:
For more information on these and related topics: FASB Issues New Chapter of its Conceptual Framework: The Reporting Entity SEC Adopts Amendments to Remove References to Credit Ratings From Regulation M World Economic Forum and ISSB Partner to Compile Learnings on Early Sustainability Reporting Efforts Connect with Embark on: Listen to AM Now on Apple Podcasts, Google Play, and Spotify. | |||
| 29 Apr 2024 | Meet the EU’s CSRD & ESRS, Part 1 (Re-release) | 00:24:35 | |
You’ve read the headlines. Perused the articles. Maybe even had a convo or two on the topic. But now it’s time to get to the ESRS nitty gritty with your trusted Accounting Matters embarkers. So get comfy with Nicole Harger, Adam Olsen, and Robby Sunberg for this first half of a two-fer on all things CSRD and ESRS. You, your sustainability reporting, and stakeholders won’t be sorry. For more information on CSRD, ESRS, and related topics: The ESRS Skinny: What the European Sustainability Reporting Standards Mean for You The EU CSRD: Why US Companies Should Care about European ESG Reporting Regulations SB 253 and SB 261: A Look at California's Landmark Climate Reporting Bills Connect with Embark on: Listen to Accounting Matters on Apple Podcasts and Spotify. | |||
| 03 Apr 2023 | CECL – Private Companies, It’s Your Turn Now | 00:38:09 | |
In this week’s episode of Accounting Matters, Embarkers Adam Olsen, Zac Smith, and Nicole Harger discuss a topic that’s been on a lot of CFOs’ minds lately – ASC 326, better known as CECL. This time, it’s private companies stepping into the batter’s box, and our resident GAAP gurus are here to provide all of the juicy details. So join in, won’t you?! For more information on CECL and related topics: Preparing for the Current Expected Credit Loss (CECL) Model ASU 2022-02: Financial Instruments, Credit Losses ASC 326, Financial Instruments—Credit Losses Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 25 Apr 2022 | Embark’s ESG Series: Environmental, Part 1 | 00:14:05 | |
Join Embarkers Adam Olsen, Sarah Cage Richter, Caroline Willet, and Fabian Garavito for a dive into the “E” in ESG – environmental. It’s a new reality for organizations, one where metrics on greenhouse gas emissions and sustainability initiatives step into the reporting spotlight, making this episode a must-listen for companies strategizing their ESG future. For more information on ESG:
Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 15 Jan 2024 | Meet the EU’s CSRD & ESRS, Part 1 (Re-Run) | 00:24:49 | |
You’ve read the headlines. Perused the articles. Maybe even had a convo or two on the topic. But now it’s time to get to the ESRS nitty gritty with your trusted Accounting Matters embarkers. So get comfy with Nicole Harger, Adam Olsen, and Robby Sunberg for this first half of a two-fer on all things CSRD and ESRS. You, your sustainability reporting, and stakeholders won’t be sorry. For more information on CSRD, ESRS, and related topics: The ESRS Skinny: What the European Sustainability Reporting Standards Mean for You The EU CSRD: Why US Companies Should Care about European ESG Reporting Regulations SB 253 and SB 261: A Look at California's Landmark Climate Reporting Bills Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 23 Aug 2021 | Business Combinations vs. Asset Acquisitions | 00:32:02 | |
Business combinations and asset acquisitions aren’t a tomayto-tomahto situation. This week, we expand on our previous episode on Business Combinations by sitting down with fellow Embarkers Mack Martinez and Krista Holland to discuss the critical differences between the transaction types, including:
For more information on Business Combinations and Asset Acquisitions:
Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 21 Aug 2023 | ASC 606 Revenue Recognition - Engineering & Construction | 00:33:23 | |
To state the obvious, rev rec has some teeth. But construction and engineering companies face even more potential potholes than most thanks to a nuanced industry filled to the brim with complex contracts. That's why Embarkers Adam Olsen, Zac Smith, and Donald Thomas devoted an entire Accounting Matters episode on 606 issues for construction and engineering companies. Enjoy! For more information on ASC 606 and related topics: Navigating ASC 606 Revenue Recognition: A Comprehensive Guide for CFOs ASC 606, Revenue from Contracts with Customers For more information on carbon accounting and related topics: Carbon Credit Accounting: Considerations for Environmental Credits Why ESG Is So Important to Your Organization's Future ESG Reporting Best Practices: Implementation & Beyond GHG Inventory Development Process and Guidance Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 20 Mar 2023 | Raising Green for Green – Accounting for Sustainability-Linked Debt | 00:32:37 | |
In this episode of Accounting Matters, Embarkers Adam Olsen and Zac Smith zoom in on sustainability-linked debt, how it works, why it exists, and the potential complications it might cause for accounting teams. So pull up a chair and have a listen! For more information on sustainability and ESG-related topics: ESG Reporting Best Practices: Implementation & Beyond Effective ESG Leadership: A Competitive Advantage That’s Tough to Beat Why ESG Is So Important to Your Organization's Future Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 01 May 2023 | Tag Along with XBRL | 00:23:26 | |
A bit mystified by EXtensible Business Reporting Language, aka XBRL? Then you’re in the right place, because Embarkers Adam Olsen, Zac Smith, and Sarah Keiffer just took a deep dive into all things XBRL, discussing the who, what, where, when, and why behind this curious but impactful little reporting acronym. So come along for the ride, shall you?! For more information on XBRL and related topics: XBRL: The Business Reporting Standard XBRL US Center for Data Quality Public Company Financial Reporting & Disclosure Requirements Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 29 May 2023 | Going Green – Accounting for Environmental Credits | 00:31:07 | |
Accounting for environmental credits might not make splashy headlines but that doesn’t mean they aren’t important. Soon to be critical, in fact. So join Embarkers Adam Olsen, Zac Smith, and Nicole Harger for this area of accounting that’s playing an increasingly vital role in an ESG-dominated landscape for CFOs and their teams. For more information on accounting for environmental credits and related topics: Carbon Credit Accounting: Considerations for Environmental Credits FASB Project Update: Accounting for Environmental Credit Programs Making Sense of the SEC's Climate Change Disclosure Proposal Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 28 Feb 2024 | Deals Transaction Lifecycle Pt 1: Pre-Transaction Activities, To Buy or Not to Buy? [Re-release] | 00:34:00 | |
A lot goes into a successful business transaction. A lot. So in this first part of our latest M&A series, your faithful Embarkers are taking a deep dive into all of those pre-transaction activities that help ensure you start off on the right foot. A little bit of due diligence goes a long way so pull up a chair! For more information on buy-side transactions and related topics: Buy-Side Due Diligence: Report Checklist and Guide for M&A and Other Transactions Purchase Accounting: Valuations, Adjustments & Accounting for M&As Post-Merger Integration Checklist Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 15 Aug 2023 | AM Now EP 8.15.23: Accounting Firms & Crypto, IASB / Forex Update, CA Climate Reporting Bills | 00:10:17 | |
Once again, AM Now hosts Adam Olsen and Matt Fisser are here to deliver news from the accounting and finance world, including:
For more information on these and related topics: SEC: The Potential Pitfalls of Purported Crypto “Assurance” Work IFRS Project: Lack of Exchangeability (Amendments to IAS 21) Understanding International Standard on Sustainability Assurance 5000 California Emissions Reporting Bill Would Go Further Than SEC Connect with Embark on: Listen to AM Now on Apple Podcasts, Google Play, and Spotify. | |||
| 23 Jan 2023 | Restatements Pt. 1: Navigating Accounting Changes | 00:33:47 | |
GAAP isn’t set in stone. It’s dynamic, just like the business environment itself. So when there’s a change in accounting principles, you need to adapt to them. In this episode of Accounting Matters, Embarkers Adam Olsen, Zac Smith, and Nicole Harger discuss that process and what it means when you’re trying to close the books. For more information on accounting changes, financial reporting, and related topics: ASC 250—Accounting Changes and Error Corrections 10 Reasons Your Financial Reporting Is Too Slow Or Inaccurate 5 Struggles To Overcome Around Year-End Financial Reporting Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 29 Aug 2023 | AM Now EP 8.29.23: ASU 2023-05, SEC Updates on Private Fund Advisors & Safeguarding Customer Assets | 00:07:51 | |
Guess what? Embarkers Adam Olsen and Nicole Harger are back at it with this week’s goings-on in accounting and finance, including:
For more information on these and related topics: FASB: ASU 2023-05, Business Combinations–Joint Venture Formations SEC Enhances the Regulation of Private Fund Advisers SEC: Safeguarding Advisory Client Assets; Reopening of Comment Period Connect with Embark on: Listen to AM Now on Apple Podcasts, Google Play, and Spotify. | |||
| 08 May 2024 | A Look at IFRS 18, the CSDDD’s Official, the PCC on ASC 350, and More | 00:04:38 | |
As always, your AM Now hosts Adam Olsen and Matt Fisser are here to deliver the recent accounting and finance stories you need to hear, including:
Want to know the SEC’s final climate-related disclosure rules better? This webinar is for you: For more this week’s topics: IFRS 18 will improve communication in financial statements European Commission: Corporate sustainability due diligence IFRS Foundation and EFRAG publish interoperability guidance Connect with Embark on: Listen to AM Now on Apple Podcasts and Spotify. | |||
| 27 Dec 2022 | AICPA & CIMA Conference Highlights: FASB Priorities | 00:19:05 | |
FASB. GAAP. Technical accounting. That’s the language accountants speak, so it’s no wonder the 2022 AICPA & CIMA conference focused on FASB priorities. Therefore, it just makes sense for Embarkers Adam Olsen and Nicole Harger to share everything they heard about the FASB’s crowded upcoming agenda during the conference. So join us for a discussion on critical topics like:
For more information on the FASB and technical accounting solutions: Embark’s Financial Accounting Advisory Services Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 13 Mar 2024 | The FASB shakes up segment reporting | 00:33:56 | |
In this episode, we explore the impact of a significant FASB update, ASU 2023-07, on segment reporting standards. This update responds to investor demands for clearer financial transparency, introducing stricter disclosure rules for public entities. | |||
| 05 Apr 2023 | AM Now EP 4.03: New ASU on Proportional Amortization, COSO ESG Guidance, FASB Projects Update, and more! | 00:08:15 | |
In this week’s AM Now, Embarkers Adam Olsen and Matt Fisser discuss what’s going on in the world of accounting and finance, including:
But why stop there? Check out some additional resources on these and other related topics: ASU 2023-02, Investments—Equity Method and Joint Ventures CECL – Private Companies, It’s Your Turn Now Preparing for the Current Expected Credit Loss (CECL) Model COSO – Achieving Effective Internal Control Over Sustainability Reporting (ICSR) Connect with Embark on: Listen to AM Now on Apple Podcasts, Google Play, and Spotify. | |||
| 13 Nov 2023 | Deals Transaction Lifecycle Pt 2: Acquire, Streamline, and Grow | 00:34:47 | |
Building on the eye-opening conversation we had in the first episode of our newest podcast series, this second episode cranks it up to 11. How is that even possible, you ask? Well, how about an in-depth, no-holds-barred look at what happens next once the diligence dust settles and the buyer and seller are both ready to move forward with the deal? Buckle up, folks, because this is a good one. For more information on post-diligence needs and related topics: M&A Data Integration Drives Successful Transactions Cash to Accrual: How to Convert to GAAP Accounting The Ultimate Account Reconciliation Template and Best Practices Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 12 Sep 2023 | AN Now EP 9.12.23: Updates on the FASB & Crypto Accounting, the SEC & XBRL Disclosures | 00:05:52 | |
Pull up a chair, good friend, because Embarker Matt Fisser is back with even more news from the accounting and finance world, including:
For more information on these and related topics: FASB Project Update: Accounting for and Disclosure of Crypto Assets SEC: Sample Letter to Companies Regarding Their XBRL Disclosures Connect with Embark on: Listen to AM Now on Apple Podcasts, Google Play, and Spotify. | |||
| 29 Mar 2023 | AM Now EP 3.28: First ASU of 2023, Crypto Accounting, IFRS Amendments on Financial Instruments | 00:10:53 | |
Join us for the latest episode of AM Now, where hosts Adam Olsen and Nicole Harger discuss:
Hungry for more knowledge? Then check out these related resources: ASU 2023-1, Common Control Arrangements Crypto Accounting: Decrypting Digital Assets for CFOs and CAOs IFRS 7 Financial Instruments: Disclosures Texas Close to Allowing CPA Candidates to Test with 120 Credits Connect with Embark on: Listen to AM Now on Apple Podcasts, Google Play, and Spotify. | |||
| 24 May 2023 | AM Now 5.24.23: FASB on Disclosure Improvements, ISSB Priorities, IAASB on Going Concern & More | 00:07:15 | |
Join AM Now hosts Adam Olsen and Nicole Harger for a lively discussion on what’s happening in the accounting world this week, including:
For more information on these and related topics: Disclosure Improvements in Response to the SEC’s Release on Disclosure Update and Simplification ISSB Consultation on Agenda Priorities IAASB Opens Public Consultation for Its Revised Going Concern Standard ChatGPT Passes CPA Exam on V. 4.0 Connect with Embark on: Listen to AM Now on Apple Podcasts, Google Play, and Spotify. | |||
| 24 Jul 2024 | FASB & IASB Updates, ESG News, CrowdStrike/New SEC Cyber Rules | 00:08:52 | |
Make room for Adam Olsen and Matt Fisser as they discuss all of the recent accounting and finance stories you need to know, including:
For more on this week’s topics: FASB Issues New and Final Chapter of Its Conceptual Framework: Measurement FASB: Tentative Board Decisions 07-17-24 (induced conversions/VIE) IASB issues annual improvements to IFRS Accounting Standards S&P 500 ESG Reporting and Assurance Analysis Act to amend Sections 38532 & 38533 of the Health and Safety Code, relating to GHG Public Company Cybersecurity Disclosures; Final Rules Connect with Embark on: Listen to AM Now on Apple Podcasts and Spotify. | |||
| 13 Feb 2024 | Hedge Accounting, NY Sustainability Bills, ESG in China, and More | 00:08:39 | |
Your AM Now hosts Adam Olsen and Nicole Harger are back at it again with critical accounting and finance stories from the week that was, including:
For more information on these and related topics: FASB Board Meeting Handout – Topic 815—Hedge Accounting Improvements China Stock Exchanges Announce Mandatory Sustainability Reporting Requirements for Companies Statement on Final Rules Regarding the Further Definition of a Dealer-Trader Connect with Embark on: Listen to AM Now on Apple Podcasts, Google Play, and Spotify. | |||
| 11 Apr 2022 | Embark’s ESG Series, Part 1: What’s ESG and Why Should You Care? | 00:25:06 | |
In this first episode of our podcast series on all things ESG, Embarkers Adam Olsen, Sarah Cage Richter, Robby Sundberg, and Fabian Garavito define the much-discussed acronym and, more importantly, why it’s going to be such a critical part of operations and reporting going forward. For more information on ESG:
Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 11 Oct 2022 | Accounting for Temporary Equity – Here Today, Gone Tomorrow | 00:33:23 | |
While temporary – or mezzanine – equity isn’t exactly fodder for salacious headlines, it’s still an important topic for SEC registrants (and certain private businesses). But what exactly is it? And what does the guidance in ASC 480 say about these ‘tweener redeemables? That’s exactly what Embarkers Adam Olsen, Zac Smith, and Michael Landers discuss in this episode of our Accounting Matters podcast. So join us! For more information on accounting for temporary equity and related topics: ASC 480–Distinguishing Liabilities from Equity ASC 815–Derivatives and Hedging Accounting for Convertible Instruments: New Convertible Debt Standard & More Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 23 May 2022 | Embark’s ESG Series: Social & Governance | 00:34:53 | |
The S&G sides of ESG – social & governance – might not get the same headlines as that E, but wield just as mighty a sword as their environmental cousin. So join Embarkers Adam Olsen, Sarah Cage Richter, Robby Sundberg, Fabian Garavito, and Caroline Willet for a closer look at these less-heralded but oh-so-important parts of your organization’s ESG strategy. For more information on ESG:
Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 24 Jun 2024 | FASB & EITF Meetings, Greenwashing, New Workiva ESG Reporting Tool | 00:07:53 | |
Your AM Now host Adam Olsen is back at it again, delivering critical accounting and finance stories to your eyes and ears, including:
For more on this week’s topics: FASB: Tentative Board Decisions, 6/12/24 EU Council Agrees on New Rules to Tackle Greenwashing in Product Green Claims Workiva Launches New Carbon Data Management and Reporting Solution Connect with Embark on: Listen to AM Now on Apple Podcasts and Spotify. | |||
| 17 Apr 2023 | Proxy Matters: The New Pay vs. Performance Disclosure Rule | 00:28:14 | |
In the latest episode of your favorite accounting podcast, Accounting Matters hosts Adam Olsen and Zac Smith dissect the SEC’s final rule on pay vs. performance. Executive comp is a hot button issue sitting under a hot spotlight – and that’s an awful lot of hotness. So pull up a seat, registrants, because this is an important one you’re going to want to take notes on. For more information on pay vs. performance and related topics: SEC Adopts Pay Versus Performance Disclosure Rules How to Choose the Right Stock Comp Accounting Software Best Practices for Choosing & Maintaining a Stock Comp Plan Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 26 Dec 2022 | AICPA & CIMA Conference Highlights: SEC Priorities | 00:28:05 | |
Want to know what the SEC is prioritizing on the reporting front in the near and longer-term future? Or the advice it has to offer companies right now? Then join Embarkers Adam Olsen and Jana Gregory as they discuss key takeaways from the AICPA & CIMA conference, including:
For more information on SEC reporting and related topics: Get to Know SEC Reporting Requirements: Forms, Disclosures, and More SEC Disclosure Updates & Simplifications: What You Need To Know MD&A Disclosure Requirements: Insights, Quick Tips, and Best Practices
Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 31 Oct 2021 | ASC 842 Lease Modifications & Remeasurements: No Time to Rest Post-Adoption | 00:35:18 | |
Ready to bid good riddance to ASC 842 after adoption? Not so fast, our friend. With possibly never-ending – literally – lease modifications and remeasurements, 842 is in no way a ‘set it and forget it’ standard. So join Embarkers Adam Olsen, Sarah Cage Richter, and Nicole Harger for a closer look at what post-adoption ASC 842 compliance might look like for your company and team.
Insights & Best Practices for Restructuring Accounting COVID 19, Lease Accounting, & the Impact of the Coronavirus Pandemic Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 05 Sep 2021 | Embedded Leases: Are They Hiding in Your Contracts? | 00:32:21 | |
Private companies are getting closer and closer (2022!) to the adoption deadline for the new lease accounting standard, ASC 842. That’s why we sat down with one of Embark’s lease accounting gurus, Ty Cotter, to discuss embedded leases in this episode of Accounting Matters, hitting on topics like:
For more information on embedded leases: Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 18 Jul 2022 | Accounting for Profit Interest Awards: Ensure Your Good Deed Goes Unpunished | 00:26:50 | |
In this episode of Accounting Matters, Embarkers Adam Olsen, Zac Smith, and Nicole Harger discuss accounting for profit interest awards, what GAAP has to say about them, and why they’re gaining in popularity these days. Done right and profit interest awards can be a win-win. Done wrong and they’re an accounting standards migraine waiting to happen…so listen closely! For more information on accounting for profit interest awards and compensation: Best Practices for Choosing & Maintaining a Stock Comp Plan ASC 718 Compensation–Stock Compensation Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 21 Nov 2022 | Accounting Impacts of Natural Disasters: Expect the Unexpected | 00:44:38 | |
The laundry list of things that can go bump in the financial night for businesses is long and terrifying. That’s why your company needs to understand how to proceed when everything seems upside down. So join Embarkers Adam Olsen, Zac Smith, and Lou Port for an in-depth discussion on what a company might face on the accounting front when the unthinkable happens. For more information on accounting for natural disasters and related topics: Accounting for the Impairment of Long Lived Assets: Testing, Examples & More Goodwill Impairment Testing Guide, Examples, & Accounting Tips Enterprise Risk Management Framework: Insights & Tips From the ERM Frontlines Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 11 Apr 2023 | AM Now 4.11: Ongoing FASB Projects, ISSB Transition Relief, and Executive Clawback Update | 00:11:21 | |
Join Embarkers Adam Olsen and Nicole Harger for this week’s AM Now, where they discuss what’s going on in the world of accounting and finance, including:
Thirsty for more knowledge? Then check out these other resources on related topics: ASC 805, Business Combinations Executive Clawbacks: How the SEC Ruling Impacts Compensation Accounting for Shiny New Software, Cloud, and Website Tech Costs Connect with Embark on: Listen to AM Now on Apple Podcasts, Google Play, and Spotify. | |||
| 21 Jun 2023 | AM Now 6.21.23: Updates on the SEC Agenda, EITF, ISSB, Exchange Clawback Standards, and PCAOB/Crypto | 00:08:45 | |
In this episode of AM Now, hosts Adam Olsen and Matt Fisser cover a veritable potpourri of accounting news, including:
For more information on these and related topics: SEC Spring 2023 Reg-Flex Agenda Induced Conversions of Convertible Debt Instruments (EITF Issue No. 23-A) IFRS: General Sustainability-related Disclosures PCAOB: Inspection Observations Related to Public Company Audits Involving Crypto Assets Connect with Embark on: Listen to AM Now on Apple Podcasts, Google Play, and Spotify. | |||
| 02 May 2023 | AM Now 5.02.23: New EITF Project, the SEC on LIBOR, Clawback Update, Sustainability Reporting | 00:07:14 | |
In this week’s AM Now, hosts Adam Olsen and Matt Fisser cover a veritable cornucopia of accounting topics, including:
So join the fun! ESG Reporting Best Practices: Implementation & Beyond Induced Conversions of Convertible Debt Instruments (EITF Issue No. 23-A) What You Need to Know About the End of LIBOR – Investor Bulletin SEC Extends Time for Review of NYSE and Nasdaq Clawback-Related Listing Standards Connect with Embark on: Listen to AM Now on Apple Podcasts, Google Play, and Spotify. | |||
| 18 Sep 2023 | Mind the GAAP – Understanding Non-GAAP Measures | 00:32:29 | |
As comprehensive as your financial reporting should be, it’s not the end-all-be-all. In fact, as we dicsuss in this episode of the Accounting Matters podcast, plenty can slip through the GAAP cracks, making non-GAAP measures/disclosures critical for stakeholders. So join us for a lively convo on these measures, including some key best practices and insights from Embark’s troop of SEC reporting dynamos. For more information on non-GAAP financial measures and related topics: Get to Know SEC Reporting Requirements: Forms, Disclosures, and More Your First SEC Filing: Get to Know the S-1 Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 12 Jun 2023 | Making the Switch from Cash to Accrual Basis of Accounting | 00:25:34 | |
Making the switch from cash to accrual accounting is like being called up to the majors – it’s a big deal. To help you with that transition, Embarkers Adam Olsen, Zac Smith, and Mack Martinez take a deep dive into the process in this episode of Accounting Matters. So dig in, because some prime-grade insights and best practices are heading your way. For more information on accrual accounting and related topics: Cash to Accrual: How to Convert to GAAP Accounting Navigating ASC 606 Revenue Recognition: A Comprehensive Guide for CFOs Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 15 Nov 2021 | Stock-Based Compensation Part 1: An Overview – Happy People, Compliant Financials | 00:26:25 | |
We all know why companies use stock-based compensation – to supercharge their talent strategy and incentivize performance and loyalty. But as Embarkers Adam Olsen, Sarah Cage Richter, and James Durrenburger discuss in this first episode of a two-part series, there are a few areas that can make accounting for them pretty tricky, including:
For more information on lease modifications and remeasurements under stock-based compensation:
Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 26 Jul 2021 | Going Concern | 00:32:07 | |
Going concern is at the forefront of the accounting and finance worlds these days – and for good reason. This week, Accounting Matters covers the basics of going concern, why it’s so relevant today, and walks through key areas, including:
For more information on going concern: https://www.fasb.org/resources/ccurl/599/128/ASU%202014-15.pdf Connect with Embark on: | |||
| 27 Jun 2023 | AM Now 6.27.23: Big IFRS / GSCR News, Updates from PCAOB, the SEC on Swap Position Reporting | 00:10:00 | |
AM Now hosts Nicole Harger and Matt Fisser break down this week’s news on the accounting front, including:
For more information on these and related topics: IFRS Releases Global Sustainability and Climate Reporting Standards SEC Reopens Comment Period for Position Reporting of Large Security-Based Swap Positions PCAOB on improved audit clarity when using technology-assisted analysis PCAOB: June 2023 Spotlight, Audit Committee Resource Connect with Embark on: Listen to AM Now on Apple Podcasts, Google Play, and Spotify. | |||
| 21 Dec 2023 | CA Climate Bills SB 253 and SB 261 | 00:39:50 | |
In this episode of Accounting Matters, Adam and Nicole dissect California's Climate Accountability Package, focusing on Senate Bills 253 and 261. They unravel the mandatory disclosure of greenhouse gas emissions, including Scope 1, Scope 2, and Scope 3, for companies operating in the state. We provide valuable insights into compliance challenges, the role of the California Air Resources Board, and the implications of potential fines for noncompliance. Whether you're a seasoned professional or new to sustainability compliance, tune in for succinct discussions demystifying the intricate landscape of California's climate legislation. Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 19 Jul 2021 | Welcome to Accounting Matters | 00:02:08 | |
What matters most to accountants and financial leadership these days? That’s Accounting Matters – a weekly discussion on today’s most significant accounting topics. So get to know our hosts, Adam Olsen and Nicole Harger from advisory firm Embark, and what you can expect from this weekly plunge into a new, essential accounting topic. Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 30 Jan 2024 | Year-end reporting reminders for private companies | 00:30:12 | |
In this episode of 'Accounting Matters,' we guide private companies through key accounting developments, covering standards like CECL, simplified goodwill impairment, and supplier finance program disclosures. Additionally, we discuss what lies ahead in the new year. | |||
| 06 Dec 2022 | Accounting and Reporting During Uncertain Economic Times | 00:45:33 | |
Global pandemic. The Great Resignation. Decades-high inflation. Geo-political strife. The last few years have been, in a word – trying. But as we discuss in this latest Accounting Matters episode, businesses don’t have the option of sitting on their hands and hoping for the best. So join Embarkers Adam Olsen, Zac Smith, and James Durrenburger for a look at the many ways economic uncertainty impacts a company’s accounting and reporting. For more information on accounting and reporting during economic uncertainty: Accounting for the Impairment of Long Lived Assets: Testing, Examples & More Goodwill Impairment Testing Guide, Examples, & Accounting Tips The Accounting & Finance Roadmap for Distressed Companies Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 31 Oct 2023 | AM Now EP 10.31.23: Updates on Global Sustainability Reporting, SEC ‘24 Examination Priorities, and More | 00:12:37 | |
Buckle up for an extra spooky serving of accounting and finance news from Embarkers Adam Olsen and Matt Fisser, including stories on:
For more information on these and related topics: Final adoption of ESRS a ‘game changer’ for mandatory reporting Australia published ISSB-inspired draft sustainability reporting standards Brazil Becomes First Country to Adopt Global ESG Reporting Rules SEC Chair Gensler Declines to Give Timeline for Final Climate Disclosure Rule SEC Division of Examinations Announces 2024 Priorities Connect with Embark on: Listen to AM Now on Apple Podcasts, Google Play, and Spotify. | |||
| 03 Oct 2021 | Lessor Accounting Isn't Always Lesser Accounting | 00:39:08 | |
Lessors have feelings, too. It’s hard to tell, though, at least with all of the attention lessees receive in the ASC 842 fervor. But we’re bucking trends in this episode of Accounting Matters, where co-hosts Adam Olsen and Sarah Cage Richter are joined by Embark’s National Quality Senior Manager Julie Avellanet for a hearty discussion on lessor considerations under the new lease accounting standard, covering topics like:
For more information on lessor accounting: Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 01 Aug 2022 | Accounting for Profit Interest Awards 2: Navigating the GAAP Highway | 00:22:03 | |
Join Embarkers Adam Olsen, Zac Smith, and Nicole Harger for this second episode of the Accounting Matters podcast on accounting for profit interest awards. This go around, we take a look at the differences between the relevant guidance – ASC 710 and 718 – where and when each might apply, as well as a few best practices for good measure. For more information on accounting for profit interest awards and compensation: Best Practices for Choosing & Maintaining a Stock Comp Plan ASC 718 Compensation–Stock Compensation Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 13 Dec 2021 | Assets Held for Sale: Accounting for Your Blue-Light Special | 00:37:22 | |
We’re in a holiday shopping groove right now, so there’s no better topic than accounting for assets held for sale. So join Embarkers Adam Olsen, Sarah Cage-Richter, and Nicole Harger for a look at what GAAP has to say about your accounting when you're having a red-tag sale on an asset or disposal group. For more information on accounting for assets held for sale: Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 12 Sep 2022 | It’s a Liability, It’s Equity, It’s ASC 480 (Part 1) | 00:26:00 | |
Join Embarkers Adam Olsen, Zac Smith, and Julie Avellanet for a peek into the complicated, often error-prone world of ASC 480 and reporting on debt vs. equity capitalization. We’ll break down the many moving parts involved, what the guidance specifically addresses, and discuss ASC 480’s general requirements. Whether you’re a go-getter startup or a grizzled veteran of an organization, ASC 480 is relevant, essential, and complex. So pull up a seat and join in on the convo! For more information on ASC 480 and related topics: ASC 480–Distinguishing Liabilities from Equity SPAC Warrants: What the SEC Statement Means for Accounting and Reporting Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 12 Sep 2021 | Carve-Out Financial Statements: Whittling Through the Complexities | 00:44:09 | |
If you’re looking for insights – or even a definition – on carve-out financial statements, don’t look to US GAAP because it’s slim pickings. That’s why there’s so much head scratching around carve-outs, which probably isn’t great if you have a transaction on the horizon. So join us as we welcome Embarker extraordinaire Chase Anderson for a deeper look into this oft-misunderstood but oh-so important accounting topic, discussing areas like: What are carve-outs and what are they used for?
Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 18 Dec 2023 | Audit Facilitation | 00:23:06 | |
In this episode of Accounting Matters, Adam and Nicole dive into the complexities of audit preparation for companies closing their books in 2023. Drawing from their extensive public accounting experience, they explore common challenges, such as headcount shortages and the impact of significant transactions on readiness. We also discuss the importance of documentation, effective auditor collaboration, and strategies to meet crucial deadlines. Whether you're a seasoned professional or new to the industry, tune in for valuable insights on navigating the intricate landscape of audit readiness and ensuring a smoother process for your company. Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 22 Feb 2024 | AM Now: SEC & IASB Updates, FinCen BOI Reporting, Malaysia / ISSB Standards | 00:07:02 | |
Just as you suspected, your AM Now hosts Adam Olsen and Matt Fisser are back to bring the accounting and finance news heat, including stories on:
For more information on these and related topics: SEC Proposes Rule to Raise Threshold for Qualifying VC Funds Agenda - Meeting of SEC Small Business Capital Formation Advisory Committee BOI: Beneficial Ownership Information Malaysia Launches Consultation on Adoption of IFRS Sustainability Reporting Standards Connect with Embark on: Listen to AM Now on Apple Podcasts, Google Play, and Spotify. | |||
| 05 Dec 2023 | SEC Spotlight on Cash Flows, FASB's ASU, and Year-End Enforcement | 00:07:20 | |
In this week's episode of AM Now, Matt Fisser takes the reins while Adam and Nicole attend the AICPA conference. Matt covers the SEC's emphasis on the statement of cash flows, emphasizing its integral role in financial statements and the need for consistent scrutiny and audit procedures. He also explores other topics, including the FASB's recent ASU on reportable segment disclosures, providing a breakdown of key requirements, including the disclosure of significant segment expenses and alignment with consolidated financial statements. Connect with Embark on: Listen to AM Now on Apple Podcasts, Google Play, and Spotify. | |||
| 06 Feb 2023 | Restatements Pt. 2: Evaluating Accounting Errors When Things Go Sideways | 00:33:33 | |
Accounting doesn’t always go smoothly. Errors can and do happen, even for the most veteran of accountants, CFOs, and companies. So what do you do when mistakes join the reporting party? That’s exactly what Adam Olsen, Zac Smith, and Nicole Harger discuss in this second episode of our Accounting Matters series on restatements. So turn it up! For more information on accounting errors, financial reporting, and related topics: ASC 250—Accounting Changes and Error Corrections 10 Reasons Your Financial Reporting Is Too Slow Or Inaccurate 5 Struggles To Overcome Around Year-End Financial Reporting Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 26 Apr 2023 | AM Now EP 4.26: CPA Exam News, the PCAOB on Audit Skepticism, ChatGPT Flunks Accounting | 00:06:45 | |
Join hosts Adam Olsen and Nicole Harger for this week’s AM Now where they discuss:
For more information on these topics: NASBA Announces Historic Rule Amendment Following Record Exposure Draft Response PCAOB – Professional Competence and Skepticism Are Essential to Quality Audits Connect with Embark on: Listen to AM Now on Apple Podcasts, Google Play, and Spotify. | |||
| 04 Dec 2023 | Deals Transaction Lifecycle Pt 3: Exit Strategy – Time to Say Goodbye | 00:26:44 | |
Putting a bow on our deals lifecycle series, we're joined by Embark deals expert Brett John for a candid chat on crafting exit strategies. From initiating a sale to closing with confidence, we explore the practical steps and emotional roller coaster of letting go of a business. Learn about aligning objectives, negotiating terms, and the often overlooked importance of timing and employee consideration. This one’s a must-listen for anyone navigating the exhausting yet exhilarating complexities of a business exit. For more information on deals transactions and related topics: The Lowdown on Carve-Out Financial Statements Sell-Side Due Diligence Report Checklist and Guide for M&A and Other Transactions When to Engage with a Valuation Services Provider Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 18 Jul 2023 | AM Now 7.18.23: SEC Updates on Money Markets & Broker-Dealers, New GASB Guide on Leases & Subs | 00:07:18 | |
Ready for some hot accounting topics? Join hosts Adam Olsen and Matt Fisser as they discuss what’s happening in accounting these days, including:
For more information on these and related topics: SEC Adopts Money Market Fund Reforms and Amendments to Form PF Reporting SEC Proposes Rule Amendments to the Broker-Dealer Customer Protection Rule GASB, Implementation Guide No. 2023-1 Connect with Embark on: Listen to AM Now on Apple Podcasts, Google Play, and Spotify. | |||
| 15 Feb 2024 | It takes two - Understanding the CSRD’s double materiality | 00:44:19 | |
Join us on this episode of Accounting Matters as we discuss the complexities of the CSRD's double materiality framework. We dive into the significance of materiality in sustainability reporting. From understanding the dimensions to practical considerations in the assessment process, we guide our listeners through the intricate world of sustainability reporting under the CSRD. | |||
| 30 Oct 2023 | Deals Transaction Lifecycle Pt 1: Pre-Transaction Activities, To Buy or Not to Buy? | 00:34:00 | |
A lot goes into a successful business transaction. A lot. So in this first part of our latest M&A series, your faithful Embarkers are taking a deep dive into all of those pre-transaction activities that help ensure you start off on the right foot. A little bit of due diligence goes a long way so pull up a chair! For more information on buy-side transactions and related topics: Buy-Side Due Diligence: Report Checklist and Guide for M&A and Other Transactions Purchase Accounting: Valuations, Adjustments & Accounting for M&As Post-Merger Integration Checklist Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 28 Mar 2022 | Embark’s IPO Series, Part 5: After the IPO – What’s Next? | 00:37:41 | |
In this fifth and final episode of our IPO series, Embarkers Adam Olsen, Sarah Cage Richter, and Chase Anderson shine a spotlight on an aspect of going public that too many companies take for granted – life after your IPO. Remember, the IPO process comes and goes, but public entity status is forever – in most cases. So join our team as we discuss critical post-IPO topics like:
For more information on post-IPO requirements and related topics:
Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 27 Sep 2021 | Accounting for Goodwill: Past, Present, and Future | 00:41:45 | |
What exactly is goodwill? Depends on who you ask. US GAAP certainly has an opinion on goodwill and accounting for its impairment, one that continues to evolve. Given how relevant the topic is these days, we figured it’d be best for our Accounting Matters hosts, Adam Olsen and Sarah Cage Richter, to sit down with one of Embark’s resident gurus, Jason Larkin, to take a closer look at goodwill impairment, hitting on areas like:
For more information on accounting for goodwill impairment:
Connect with Embark on: | |||
| 08 Aug 2023 | AM Now 8.8.23: Big ESRS & ISSB Updates, UK ESG Disclosures, SEC on Cybersecurity, and more! | 00:11:43 | |
Your AM Now hosts Adam Olsen and Matt Fisser are back this week to deliver more news from the accounting & finance world, including:
For more information on these and related topics: The Commission adopts the European Sustainability Reporting Standards European Commission, EFRAG and ISSB confirm high degree of climate-disclosure alignment UK Sustainability Disclosure Standards FASB: Disaggregation—Income Statement Expenses Connect with Embark on: Listen to AM Now on Apple Podcasts, Google Play, and Spotify | |||
| 12 Jul 2023 | AM Now 7.12.23: Proposed ASU on Purchased Financial Assets, PCC Meeting Recap, IFRS / TCFD News | 00:09:21 | |
AM Now hosts Adam Olsen and Nicole Harger are at it again, delivering yet another round of critical updates from the accounting world, including:
For more information on these and related topics: Proposed Accounting Standards Update, Financial Instruments—Credit Losses (Topic 326) IFRS to Take Over Responsibilities of the TCFD Connect with Embark on: Listen to AM Now on Apple Podcasts, Google Play, and Spotify. | |||
| 09 Oct 2023 | Meet the EU’s CSRD & ESRS, Part 1 | 00:24:49 | |
You’ve read the headlines. Perused the articles. Maybe even had a convo or two on the topic. But now it’s time to get to the ESRS nitty gritty with your trusted Accounting Matters embarkers. So get comfy with Nicole Harger, Adam Olsen, and Robby Sunberg for this first half of a two-fer on all things CSRD and ESRS. You, your sustainability reporting, and stakeholders won’t be sorry. For more information on CSRD, ESRS, and related topics: The ESRS Skinny: What the European Sustainability Reporting Standards Mean for You The EU CSRD: Why US Companies Should Care about European ESG Reporting Regulations SB 253 and SB 261: A Look at California's Landmark Climate Reporting Bills Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 28 Feb 2022 | Embark’s IPO Series, Part 3: Crunching the Numbers – Reporting Requirements & Issues | 00:41:38 | |
There’s a reason financial statement requirements are one of the most challenging undertakings on the road to an IPO – there’s a lot to them. A LOT. But have no fear because in this third part of our IPO series, Embarkers Adam Olsen, Sarah Cage Richter, and Jana Gregory roll up their sleeves for an in-depth conversation on the who, what, where, when, and why behind IPO financial statement requirements, including:
For more information on IPO financial reporting requirements and related topics:
Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 17 Jan 2022 | Demystifying the Cash Flow Statement: Be Not Afraid | 00:29:34 | |
For more information on the cash flow statement and cash flow in general: Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 01 Aug 2021 | Business Combinations | 00:41:28 | |
The accounting standard on Business Combinations, ASC 805, is one of the most complex and wide-ranging. This episode of Accounting Matters takes a look at this guidance and discusses the most important takeaways, including:
For more information on Business Combinations:
Connect with Embark on: | |||
| 26 Jun 2023 | GHG 101 – Introduction to Carbon Accounting | 00:37:29 | |
Accounting for GHG (greenhouse gasses) is exactly how you think it is – unfamiliar and complex. And, like it or not, it’s going to be a requirement for many businesses soon. So join Embarkers Adam Olsen, Zac Smith, and Fabian Garavito for a discussion on carbon accounting, the common frameworks and disclosures in place, and what you need to do to help your business capture and report the right data. For more information on carbon accounting and related topics: Carbon Credit Accounting: Considerations for Environmental Credits Why ESG Is So Important to Your Organization's Future ESG Reporting Best Practices: Implementation & Beyond GHG Inventory Development Process and Guidance Connect with Embark on: Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify. | |||
| 07 Feb 2024 | SEC & SPACs, CSRD Updates, FASB Board Meeting Recap | 00:11:05 | |
It’s once again time for your AM Now hosts Adam Olsen and Matt Fisser to deliver what’s going on in accounting and finance this week, including stories on:
For more information on these and related topics: SEC Adopts Rules to Enhance Investor Protections Relating to SPACs, Shell Companies, and Projections EU lawmakers approve 2-year delay of CSRD reporting for non-EU companies and specific sectors Connect with Embark on: Listen to AM Now on Apple Podcasts, Google Play, and Spotify. | |||
| 10 Jun 2024 | SEC on IFRS 19, More on BF Borgers, Int’l ESG Reporting Updates | 00:06:29 | |
Your trusty AM Now hosts Adam Olsen and Matt Fisser are at it again, bringing you the accounting and finance stories you need to know, including:
For more on this week’s topics: Securities Exchange Act of 1934, Release No. 34-100185 (BF Borgers) IFRS Foundation: Transition to integrated reporting ESMA Guidelines establish harmonised criteria for use of ESG and sustainability terms in fund names EFRAG Releases New ESRS Q And A Technical Explanations Connect with Embark on: Listen to AM Now on Apple Podcasts and Spotify. | |||