ESG disclosure regulations | Deloitte US This information can be provided in a separate report or in the management report (with some member states requiring disclosure in the management report) Nonbinding guidelines for climate-related disclosures have been in place since 2017, building on the TCFD recommendations There is no assurance requirement for NFRD disclosures at the EU level
Lease Disclosure Under ASC 842: Common Pitfalls to Avoid Lease disclosures under the new standard (ASC 842) are intended to give financial statement users a better understanding of an entity’s leasing activities, helping them “assess the amount, timing, and uncertainty of cash flows arising from leases ” Learn more about some common pitfalls and ways to get disclosure right
Increasing Disclosure Effectiveness | Deloitte US The focus was on two federal securities laws, Regulation S-K and Regulation S-X, that inform registrants about disclosures required in their filings The effort resulted in a number of amendments The rule changes are helpful and provide registrants more flexibility to tailor their disclosures, and many CFOs have taken the SEC’s cue and
Financial disclosures: Trends from the 2023 reporting season Business disclosures primarily addressed a registrant’s sustainability activities, whereas in MD A, registrants discussed how climate change might affect the company’s financial condition, operations, and growth prospects Climate disclosures will likely evolve further in the wake of the SEC’s final rule on this topic 10
CECL Disclosures | Deloitte US To connect the disclosure dots, it’s useful to start with the allowance measurement disclosures These disclosures provide financial statement users with insight into the drivers of the allowance and current-period provision expense and useful information to estimate future CECL sensitivity, including the impact of changing economic forecasts
COVID-19: Financial Impacts and Disclosures | Deloitte US Guidance on financial impacts and disclosures Not unlike other global crises, it is critically important to be prepared for COVID-19-related financial results volatility and associated messaging to stakeholders, as well as the impact of emergency regulatory action and related disclosures
Sample Disclosures: Accounting for Income Taxes - Deloitte United States disclosures may be deemed necessary by entities or their auditors Further, the sample disclosures are not a substitute for understanding reporting requirements or for the exercise of judgment Entities are presumed to have a thorough understanding of the requirements and should refer to accounting literature and SEC regulations as necessary 1
Fair value measurements and disclosures | Deloitte US ASC 820 and fair value measurements and disclosures Most entities have amounts that are recognized at fair value in their financial statements ASC 820 defines fair value, sets out a framework for measuring it, and establishes fair value disclosure requirements
Your guide to presentation and disclosure under ASC 260 ASC 260 requires entities to provide a number of disclosures about EPS SEC registrants must also furnish the incremental disclosures required by the SEC’s rules and guidance In some situations, entities must disclose pro forma EPS amounts (i e , as required by GAAP or the SEC’s rules and guidance)