AM Now 6.14.23: FASB Adds to the Conceptual Framework, New SEC Rulemaking, PCAOB Proposed Standards, and ISSB & CSRD Updates

<p>In this episode of AM Now, your hosts Adam Olsen and Nicole Harger dive deep into this week’s accounting news, including:</p><p><br></p><ul> <li>The FASB describes a reporting entity in the recently released Chapter 2 of the Conceptual Framework.</li> <li>The SEC adopting three rules, two relating to the securities-based swaps markets and another removing and replacing references to credit ratings from existing exceptions in Rule 101 and Rule 102 of Regulation M</li> <li>The PCAOB issuing a proposal to increase auditor vigilance against fraud and other forms of noncompliance with laws and regulations</li> <li>The new Forum ISSB Preparers Group and the European Commission publishing the draft of the first set of ESRS</li> </ul><p><br></p><p>For more information on these and related topics:</p><p><br></p><p><a href="https://www.fasb.org/page/getarticle?uid=fasb_Media_Advisory_06-08-23"><em>FASB Issues New Chapter of its Conceptual Framework: The Reporting Entity</em></a></p><p><a href="https://www.sec.gov/news/press-release/2023-104"><em>SEC Adopts Rules to Prevent Fraud in Connection with Security-Based Swaps Transactions and Prevent Undue Influence over CCOs</em></a></p><p><a href="https://www.sec.gov/news/press-release/2023-105"><em>SEC Adopts Amendments to Remove References to Credit Ratings From Regulation M</em></a></p><p><a href="https://www.weforum.org/press/2023/06/world-economic-forum-and-issb-partner-to-compile-learnings-on-early-sustainability-reporting-efforts"><em>World Economic Forum and ISSB Partner to Compile Learnings on Early Sustainability Reporting Efforts</em></a></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