Accounting Matters
Business & Finance
About
Accounting Matters lives up to its title, covering vital accounting topics that actually matter to professionals in the accounting trenches. We start with a new topic and definition every episode, then highlight and discuss the key areas, from evaluation to reporting. Accounting Matters is hosted by public accounting veterans Adam Olsen & Nicole Harger from advisory firm Embark. LinkedIn - https://hubs.ly/H0XgZnG0 Instagram - https://hubs.ly/H0XgYNZ0 Twitter - https://hubs.ly/H0Xg-dz0 Facebook - https://hubs.ly/H0XgZR70
Episodes
- GRC Modernization: Building a Future-Ready Risk & Compliance Function
This episode discusses modernizing GRC functions to address current organizational environments. It covers integrated GRC models, cost reduction strategies, technology enablement, and the role of AI in risk and compliance.
- The ROI of Internal Audit: Beyond Compliance to Value Creation
This episode of Accounting Matters discusses how internal audit can evolve beyond basic compliance to create significant value for organizations. It covers modern internal audit practices, optimal delivery structures, and methods for CFOs…
- Beyond the Line Item: Building Your DISE Roadmap
This episode of Accounting Matters discusses building a DISE roadmap, covering topics such as readiness assessments, internal controls, and industry-specific considerations for DISE implementation. It features insights from Embark's Nicole…
- Beyond the Line Item: Inside the Natural Expense Categories of DISE
This episode of Accounting Matters features Nicole Harger and Adam Olsen discussing the technical details of the five required natural expense categories of DISE. They cover classification questions related to inventory purchases, employee…
- Beyond the Line Item: Why DISE Changes Everything
This episode of Accounting Matters features Nicole Harger and Adam Olsen discussing ASU 2024-03, the Disaggregation of Income Statement Expenses (DISE) standard. They explain why the FASB issued DISE, who is in scope, effective dates, and…
- Navigating Collaboration Arrangements — Accounting Under ASC 808 & 606
This episode of Accounting Matters features Nicole Harger and Adam Olsen explaining the accounting treatment for collaboration arrangements under ASC 808 and ASC 606. They discuss how to determine applicability, provide examples, and cover…
- Accounting for Innovation — R&D Costs Explained
Hosts Nicole Harger and Adam Olsen break down the accounting for R&D costs under U.S. GAAP and IFRS, discussing challenges in the life sciences sector and potential upcoming changes from FASB.
- FASB in Focus - Key Projects to Keep on Your Radar
Accounting Matters hosts Nicole Harger and Adam Olsen review the FASB's 2025 agenda, focusing on updates to software cost accounting, environmental credit programs, and government grants. These changes aim to enhance transparency and decis…
- The Global Tariff Tango – Keeping Your Financial Statements in Step
This episode of Accounting Matters, hosted by Nicole Harger and Adam Olsen, covers the impact of global tariffs on financial statements, supply chains, and pricing. It discusses affected industries and strategies for navigating the current…
- The EU Buses in Proposed Changes to Sustainability Reporting
This episode of Accounting Matters features hosts Adam Olsen and Allison Bradshaw discussing the EU's proposed Omnibus package and its implications for sustainability reporting, including SEC climate rules, state regulations, and ISSB stan…
- 2024 AICPA & CIMA Conference on Current SEC & PCAOB Developments Recap
Nicole Harger and Adam Olsen discuss key takeaways from the 2024 AICPA & CIMA Conference on Current SEC & PCAOB Developments, covering shifts in SEC & FASB priorities, AI's impact, and ESG reporting.
- Deepdive on EFRAG CSRD Study | Live from Workiva Amplify
Hosts Adam and Allison discuss the EFRAG study on the early implementation of the EU's CSRD, sharing key findings from companies navigating the process. The episode comes from Workiva Amplify.
- FASB Proposed ASU, a Slew of IFRS Updates, New FAQs from GHG Protocol
Adam Olsen and Matt Fisser cover the latest in accounting and finance, including a proposed FASB ASU on derivatives and share-based payments, IASB's review of IFRS 15 and IFRS for SMEs, and new guidance from the Greenhouse Gas Protocol.
- Leading through an accountant shortage
This episode offers practical advice for leaders facing an accountant shortage, featuring insights from three managing directors with relevant experience.
- ASU 2024-01 - Profits interest guidance gets an upgrade
Accounting Matters covers ASU 2024-01, delving into the impact of the revised profits interest guidance on businesses and presenting effective approaches.
- FASB & IASB Updates, ESG News, CrowdStrike/New SEC Cyber Rules
Adam Olsen and Matt Fisser discuss recent accounting and finance updates. Topics include FASB
- Avoid ERP regret & the 25% failure rate | On-Demand Webinar
This Accounting Matters episode features an on-demand webinar with two ERP specialists who discuss the ERP assessment process and best practices, drawing on their combined experience of 21 related projects.
- FASB Updates, AICPA Cheap Stock Guide, Int’l ESG Reporting News & More
Accounting Matters features Adam Olsen and Matt Fisser discussing accounting and finance news, including FASB updates on software costs and income statement expenses, the AICPA's cheap stock guide, SEC guidance on cybersecurity, and intern…
- FASB & EITF Meetings, Greenwashing, New Workiva ESG Reporting Tool
Adam Olsen discusses the latest accounting and finance news on Accounting Matters, including FASB and EITF meeting outcomes, the EU's new anti-greenwashing regulations, and Workiva's Carbon solution for ESG reporting.
- SEC on IFRS 19, More on BF Borgers, Int’l ESG Reporting Updates
This episode of Accounting Matters covers the SEC's statement on IFRS 19 disclosures for subsidiaries, relief for BF Borgers clients regarding filings, and updates on international ESG reporting from the IFRS Foundation, ESMA, and EFRAG.
- FTC & Non-Competes, FASB Update, BF Borgers, New ISSB Projects & More
This episode covers the FTC's ban on non-compete agreements, FASB updates on income statement expenses and ASC 606, the new IFRS 19 standard, the SEC's action against BF Borgers, and two new ISSB research projects.
- Change is here: The new wave of accounting for crypto assets
Accounting Matters reviews the Financial Accounting Standards Board's ASU 2023-08, detailing the updated guidance for accounting for crypto assets.
- A Look at IFRS 18, the CSDDD’s Official, the PCC on ASC 350, and More
Accounting Matters episode discusses IFRS 18, the adoption of the CSDDD, new sustainability requirements guidance, and improvements to ASC 350. Hosts Adam Olsen and Matt Fisser provide updates on recent accounting and finance news.
- AM Now: New updates from the FASB, SEC, and European Council on the EPBD
Adam Olsen and Nicole Harger cover recent accounting and finance news, including FASB updates on government grants, derivatives, and interim reporting, SEC amendments for investment advisers, and the European Council's adoption of the EPBD.
- Meet the EU’s CSRD & ESRS, Part 1 (Re-release)
Part 1 of a two-part discussion on the EU’s CSRD and ESRS regulations, featuring hosts Nicole Harger, Adam Olsen, and Robby Sunberg. Additional resources on ESRS, CSRD, and California climate reporting bills are provided.
- AM Now: Updates on SEC Climate Disclosures, FASB 2024 ASUs, and more
In this episode of AM Now, hosts Adam Olsen and Nicole Harger cover recent accounting and finance news. Topics include updates on SEC climate disclosure rules, the first two FASB Accounting Standards Updates of 2024, and SEC technical amen…
- AM Now: SEC Climate Rules & Challengers, CTA/FinCEN, IFRS 3 Update, and more
This episode of Accounting Matters discusses the SEC's final climate disclosure rules and related legal challenges, the unconstitutionality of the CTA, proposed IFRS 3 amendments for acquisitions, FASAB guidance on digital assets, and Cana…
- SEC Final Climate Disclosure Rule
Accounting Matters covers the SEC's new climate-related disclosure rule. The episode explores the rule's significance for businesses, investors, and its potential impact on financial reporting.
- The FASB shakes up segment reporting
Accounting Matters discusses the FASB's ASU 2023-07, which enhances segment reporting standards in response to investor requests for greater financial transparency through stricter disclosure rules for public companies.
- Updates on SEC, IFRS, EU ESG Reporting & Profits Interest Awards ASU
Accounting Matters covers recent developments including SEC climate disclosure rules, the IFRS Sustainability Symposium, an EU carbon removals framework, anti-greenwashing laws, and a FASB ASU on profits interest awards.
- Deals Transaction Lifecycle Pt 1: Pre-Transaction Activities, To Buy or Not to Buy? [Re-release]
This episode of Accounting Matters, featuring the re-release of Pt 1 on the Deals Transaction Lifecycle, focuses on crucial pre-transaction activities and due diligence for successful business deals. The hosts delve into the steps necessar…
- AM Now: SEC & IASB Updates, FinCen BOI Reporting, Malaysia / ISSB Standards
Accounting Matters discusses SEC proposals for venture capital funds, FinCen's BOI reporting requirements for small businesses, IASB's delayed standard for subsidiaries, and Malaysia's potential adoption of ISSB sustainability standards.
- It takes two - Understanding the CSRD’s double materiality
This episode of Accounting Matters discusses the CSRD's double materiality framework, covering its dimensions and practical assessment considerations for sustainability reporting.
- Hedge Accounting, NY Sustainability Bills, ESG in China, and More
This episode covers recent accounting and finance news, including FASB's Topic 815 on hedge accounting, New York's sustainability disclosure bills, China's mandatory ESG reporting for listed companies, and the SEC's updated definition of a…
- SEC & SPACs, CSRD Updates, FASB Board Meeting Recap
This episode of Accounting Matters discusses new SEC rules for SPACs, a two-year delay in CSRD reporting for certain companies, and a recap of the FASB board meeting from January 31, 2024.
- Year-end reporting reminders for private companies
This episode of Accounting Matters provides private companies with year-end reporting reminders. It covers accounting developments such as CECL, simplified goodwill impairment, and supplier finance program disclosures, and discusses expect…
- AM Now: EFRAG Exposure Drafts & SAB 74 Reminders
Accounting Matters hosts Adam Olsen and Nicole Harger cover upcoming SAB 74 disclosure increases for SEC registrants and EFRAG's public consultation on new sustainability reporting standards for SMEs. EU member states must also transpose C…
- Meet the EU’s CSRD & ESRS, Part 1 (Re-Run)
This episode of Accounting Matters, part 1 of a series on the EU’s CSRD and ESRS, features hosts Nicole Harger, Adam Olsen, and Robby Sunberg discussing the nitty gritty of sustainability reporting standards. Additional resources on CSRD a…
- New ASUs and CSDDD
Accounting Matters covers recent accounting and finance news, including the SEC's share repurchase rule invalidation, FASB updates on income tax and crypto asset disclosures, and the EU's Corporate Sustainability Due Diligence Directive.
- CA Climate Bills SB 253 and SB 261
This episode of Accounting Matters covers California's Senate Bills 253 and 261, detailing requirements for disclosing greenhouse gas emissions (Scope 1, 2, and 3) and discussing compliance challenges and penalties.
- Audit Facilitation
In this episode of Accounting Matters, hosts Adam and Nicole discuss audit preparation for year-end 2023, covering challenges such as staffing and transaction impacts. They emphasize documentation, auditor collaboration, and strategies for…
- SEC/Sustainability Update, AICPA Proposed Framework, FASB
Accounting Matters hosts discuss SEC climate disclosure requirements, a new AICPA reporting framework for stablecoins, and the FASB's project to refine ASC 815.
- AICPA Recap
This episode of Accounting Matters recaps the 2023 AICPA Conference on Current SEC and PCAOB Developments. Key topics discussed include risk assessment in financial reporting, accounting standards, and emerging trends in ESG reporting.
- SEC Spotlight on Cash Flows, FASB's ASU, and Year-End Enforcement
This episode of Accounting Matters covers the SEC's increased attention to cash flow statements and their importance in financial reporting. It also details the FASB's new ASU regarding segment disclosures and other relevant topics.
- Deals Transaction Lifecycle Pt 3: Exit Strategy – Time to Say Goodbye
Accounting Matters features Embark expert Brett John discussing exit strategies for the deals transaction lifecycle. The episode covers practical steps from sale initiation to closing, including aligning objectives, negotiating terms, and…
- EFRAG / CDP Alliance, the GRI’s SIL, and FASB Meeting Updates
This episode of Accounting Matters covers the EFRAG and CDP strategic alliance to accelerate ESRS adoption, the GRI's plans for its Sustainability Innovation Lab, and updates from the recent FASB meeting regarding the statement of cash flo…
- Deals Transaction Lifecycle Pt 2: Acquire, Streamline, and Grow
This episode delves into the post-diligence stages of business deals, covering acquisition, streamlining, and growth. It builds on previous discussions, offering insights into what happens after the diligence process concludes and both par…
- Updates on the Share Repurchase Rule, P&L Data Quality, & FASB Board
Accounting Matters discusses a court ruling on SEC share repurchase rules, SEC data quality matters for income statement line items, and the November 1 FASB board meeting topics like profit interest awards and government grants.
- AM Now EP 10.31.23: Updates on Global Sustainability Reporting, SEC ‘24 Examination Priorities, and More
This episode of Accounting Matters discusses advancements in global sustainability reporting, including ESRS in Europe, ISSB adoption in Australia and Brazil, and the SEC's climate disclosure rule and 2024 examination priorities.
- Deals Transaction Lifecycle Pt 1: Pre-Transaction Activities, To Buy or Not to Buy?
This episode of Accounting Matters, the first in an M&A series, covers essential pre-transaction activities and due diligence crucial for successful business deals.