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Complex Accounting and Risk Management

FASB Moves to Simplify Goodwill Impairment Testing

by Chess Consulting | Aug 26, 2026 | Complex Accounting and Risk Management

On July 29th, 2026, the Financial Accounting Standards Board (FASB) officially voted to add a project to its technical agenda to make targeted improvements to goodwill impairment testing. This vote stems from feedback from FASB’s 2025 agenda consultation invitation to...

Financial Reporting Update: Q2 2026 Recap

by Chess Consulting | Jul 10, 2026 | Complex Accounting and Risk Management

This Financial Reporting Update highlights key developments and issues that are relevant to Finance and Accounting Professionals.   Financial Accounting Standards Board On April 27, 2026, the Financial Accounting Standards Board (FASB) published Accounting...

SEC Proposes Rescission of Climate Disclosure Rates

by Chess Consulting | Jun 11, 2026 | Complex Accounting and Risk Management

On May 29, 2026 the Securities and Exchange Commission (SEC) issued a proposal to fully rescind the climate-related disclosure rules it had previously approved in March 2024. The original 2024 rules mandated that public companies provide detailed, granular information...

Financial Reporting Update: Q1 2026 Recap

by Chess Consulting | Apr 10, 2026 | Complex Accounting and Risk Management

This Financial Reporting Update highlights key developments and issues that are relevant to Finance and Accounting Professionals.   Financial Accounting Standards Board On March 16, 2026, the Private Company Council (PCC) issued their 2025 Annual Report,...

Financial Reporting Update: Q4 2025 Recap

by Chess Consulting | Jan 26, 2026 | Complex Accounting and Risk Management

This Financial Reporting Update highlights key developments and issues that are relevant to Finance and Accounting Professionals. Financial Accounting Standards Board On November 12, 2025, the Financial Accounting Standards Board (FASB) published ASU No....

Planning for Success: Strategic IPO Readiness

by Chess Consulting | Nov 10, 2025 | Complex Accounting and Risk Management

The IPO market has accelerated in 2025. In Q3, the US achieved its strongest IPO quarter since Q4 2021, with filings and new share issuances surging sharply following a relatively subdued Q2. In addition, PE-backed IPO listings more than doubled year over year, with...
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