CAQ Public Policy and Technical Alert, March 2017

Each month, the CAQ Public Policy and Technical Alert highlights and examines regulatory, standard-setting, legislative, and broader financial reporting developments impacting the public company audit profession. Please note that this alert is intended as general information and should not be relied upon as being definitive or all-inclusive. The CAQ encourages member firms to refer to the rules, standards, guidance, and other resources in their entirety.

In This Issue:

• Senators reintroduce PCAOB transparency legislation
• SEC proposes Inline XBRL filing of tagged data
• SEC publishes IFRS taxonomy; accepts FASB 2017 US GAAP financial reporting taxonomy
• SEC approves rules to ease investor access to exhibits in company filings
• SEC proposes amendments to municipal securities disclosures
• SEC seeks input on possible changes to Industry Guide 3
• SEC adopts T+2 settlement cycle for securities transactions
• SEC Names Sagar Teotia as Deputy Chief Accountant
• FASB issues new, proposed ASUs
• IFIAR releases 2016 Inspection Findings Survey
• IASB outlines steps to improve disclosures in financial statements
• IASB proposes improvements to IFRS 8
• Anti-Fraud Collaboration report focuses on complex accounting areas
• CAQ issues new ‘Profession in Focus’ videos
• Upcoming Events