AM Now: SEC & IASB Updates, FinCen BOI Reporting, Malaysia / ISSB Standards

22/02/2024 7 min
AM Now: SEC & IASB Updates, FinCen BOI Reporting, Malaysia / ISSB Standards

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Episode Synopsis


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:The SEC proposal on increasing the threshold for qualifying venture capital fundsThe Small Business Capital Formation Advisory Committee discusses updates to the Accredited Investor Definition and examines the current state of the IPO marketFinCEN's new BOI reporting requirement targets small businesses to enhance financial transparency, with certain exemptions and deadlines for compliance.The IASB delays the release of a new standard, expected to be IFRS 19, aimed at simplifying financial disclosures for subsidiaries without public accountability.Malaysia is considering adopting ISSB standards for sustainability reporting, seeking public feedback on implementation, with a phased approach for mandatory compliance.For more information on these and related topics:SEC Proposes Rule to Raise Threshold for Qualifying VC FundsAgenda - Meeting of SEC Small Business Capital Formation Advisory CommitteeBOI: Beneficial Ownership InformationMalaysia Launches Consultation on Adoption of IFRS Sustainability Reporting StandardsConnect with Embark on: LinkedInInstagramTwitterFacebookYouTubeListen to AM Now on Apple Podcasts, Google Play, and Spotify.