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Navigate the newest traits and rising points with new sources and skilled steerage from Checkpoint Edge.
Keep on high of ESG developments with Checkpoint’s ESG toolkit, perceive new SEC insider buying and selling guidelines, and entry new consumer memos on scorching subjects like ESG, inflation, and crypto property.
Please observe that entry to the sources beneath requires a Checkpoint subscription besides as in any other case said. Not but a subscriber? Join a free 7-day trial immediately!
Checkpoint ESG Toolkit: Current Additions Prospects Could Discover Helpful
Who must know: Small, midsize and enormous corporations, in addition to their advisors (e.g., by way of due diligence, advisory, consulting and assurance companies).
- New SEC guidelines adopting amendments to insider buying and selling reporting necessities supposed to curb abuse by company insiders and new SEC Employees steerage urging corporations to be conscious of crypto- asset-market developments when making ready enterprise, risk-factor, and different SEC submitting disclosures.
- New and/or revised GAAP content material on ESG, crypto and inflation issues and new Payroll content material about IRS steerage on wage and apprenticeship necessities for Inflation Discount Act clear vitality tax credit.
- SECPlus Filings Highlights overlaying a number of corporations’ disclosures pertaining to shareholder requires extra tax transparency; enterprise challenges related to the collapse of crypto trade FTX; and responses to SEC feedback about SPAC risk-factor reporting and the influence of the Russia/Ukraine battle on cybersecurity and non-GAAP reporting.
Checkpoint’s ESG Toolkit helps corporations get to the data that they want sooner. Entry the toolkit immediately with a free 7-day trial!
SEC Adopts Guidelines and Reporting Necessities Geared toward Curbing Abusive Insider Buying and selling Practices
Who must know: Small, midsize, and enormous public corporations, in addition to with their advisors
The SEC has adopted new guidelines—efficient July 1, 2024—supposed to ramp up the data that registered funding corporations at the moment report about their proxy votes and to make that data simpler to investigate by, for instance, requiring them to categorize their votes (e.g., as compensation, surroundings or local weather, human rights or human capital/workforce, and variety, fairness and inclusion) in order that shareholders can concentrate on subjects they discover necessary. The brand new guidelines may even require institutional funding managers to yearly report how they voted proxies referring to government compensation issues.
- Staying abreast of SEC compliance necessities could be difficult for public corporations. Whether or not amending an present 10b5-1 plan or adopting a brand new one altogether, issuers are urged to think about what controls and processes can be essential to allow them to adjust to the disclosures required below the brand new insider buying and selling guidelines. The Checkpoint sources referenced beneath can assist.
Checkpoint Edge sources:
Ultimate Rulemaking Launch No. 33-11138
SEC Modifications Guidelines to Tackle Opportunistic Buying and selling by Insiders [click here to access this article without a subscription]
SEC Accounting and Reporting Replace (SARU) No. 2023-02 (January 2023)
Handbook of SEC Accounting and Disclosure (HSA): Sections E7.10 and E24.2
GAAP Reporter: New and Up to date Memos on ESG, Inflation, and Crypto Belongings
Who must know: small, midsize, and enormous corporations, in addition to their advisors (e.g., by way of due diligence, advisory, consulting and assurance companies).
GAAP Reporter has been up to date to assist clients with U.S. GAAP monetary reporting associated to ESG issues, inflation, and crypto property (akin to Bitcoin and different cryptocurrencies). This contains: a) NEW consumer and interoffice memoranda with real-life disclosure examples from SEC filings exhibiting how corporations are discussing the impacts of ESG and inflation on their monetary statements, and b) revised consumer and interoffice memoranda reflecting developments on accounting for ESG, inflation, and crypto property below U.S. GAAP.
- ESG, inflation, and crypto property are scorching/rising areas for monetary reporting. Practitioners are in search of data and examples concerning how these areas have an effect on the quantities and disclosures in US GAAP monetary statements. The brand new and up to date GAAP Reporter memos can assist in making ready monetary statements now (and sooner or later).
Checkpoint Edge sources:
205.5 Consumer memorandum: ESG accounting
205.6 Consumer memorandum: Inflation accounting
205.7 Consumer memorandum: ESG disclosures (NEW!)
205.8 Consumer memorandum: Inflation disclosures (NEW!)
350.2 Consumer memorandum: Accounting for digital property—crypto property
205.5 Interoffice memorandum: ESG accounting
205.6 Interoffice memorandum: Inflation accounting
205.7 Interoffice memorandum: ESG disclosures (NEW!)
205.8 Interoffice memorandum: Inflation disclosures (NEW!)
350.2 Interoffice memorandum: Accounting for digital property—crypto property
Checkpoint Edge has complete steerage, evaluation, instruments, charts, and information that will help you navigate the shifting accounting, audit, and company finance panorama. Join a free 7-day trial immediately!
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