AM Now 7.12.23: Proposed ASU on Purchased Financial Assets, PCC Meeting Recap, IFRS / TCFD News

<p>AM Now hosts Adam Olsen and Nicole Harger are at it again, delivering yet another round of critical updates from the accounting world, including:</p><p><br></p><ul> <li>The FASB’s proposed standard update to improve the accounting for purchased financial assets under ASC 326</li> <li>A quick recap of the recent Private Company Council (PCC) meeting held at the end of June</li> <li>The IFRS Foundation takes over the monitoring of sustainability reporting progress from the TCFD.  </li> </ul><p>For more information on these and related topics:</p><p><br></p><p><a href="https://www.fasb.org/document/blob?fileName=Prop%20ASU%E2%80%94Financial%20Instruments%E2%80%94Credit%20Losses%20(Topic%20326)%E2%80%94Purchased%20Financial%20Assets.pdf"><em>Proposed Accounting Standards Update, Financial Instruments—Credit Losses (Topic 326)</em></a></p><p><a href="https://www.fasb.org/page/PageContent?pageId=/pcc/PccMeetings/pcc-meeting-recap-june-23-24-2022.html"><em>PCC Meeting Recap</em></a></p><p><a href="https://www.esgtoday.com/issb-to-take-over-responsibilities-from-tcfd/"><em>IFRS to Take Over Responsibilities of the TCFD</em></a></p><p><br></p><p>Connect with <a href="https://www.embarkwithus.com/">Embark</a> on: </p><ul> <li><a href="https://hubs.ly/H0XgZnG0">LinkedIn</a></li> <li><a href="https://hubs.ly/H0XgYNZ0">Instagram</a></li> <li><a href="https://hubs.ly/H0Xg-dz0">Twitter</a></li> <li><a href="https://hubs.ly/H0XgZR70">Facebook</a></li> <li><a href="https://www.youtube.com/channel/UCoTAyu49B82Fv8NrjINDtRw">YouTube</a></li> </ul><p><br></p><p>Listen to AM Now on Apple Podcasts, Google Play, and Spotify.</p>