KPMG reports: SEC, accounting standards (second quarter 2016)

SEC, accounting standards (second quarter 2016)

KPMG LLP has prepared the following summaries about financial accounting developments in the second quarter of 2016:

Related content

  • KPMG’s Quarterly Review summarizes recent accounting and U.S. Securities and Exchange Commission (SEC) filing and disclosure matters that may affect a company’s financial statements in the quarter ended June 2016 or a future period.
  • KPMG’s Accounting Standards Effective Date Matrix identifies FASB Accounting Standards Updates (ASUs) issued through June 2016 that may affect a company’s financial reporting in the current or a future period. 

These publications do not address issues or activities for which accounting guidance is being developed. 

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The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

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