AM Now: EFRAG Exposure Drafts & SAB 74 Reminders

Your trusty AM Now hosts Adam Olsen and Nicole Harger are serving up yet another episode of tasty accounting and finance stories for you, including:

• SEC registrants should expect a significant uptick in their Staff Accounting Bulletin SAB 74 disclosures due to the impending adoption of numerous Accounting Standard Updates (ASUs).
• EFRAG has initiated a public consultation on two Exposure Drafts  – ESRS LSME ED and VSME ED –  for sustainability reporting standards.
• EU member states are currently transposing the CSRD into their own national law and must complete the process no later than July 6th of this year. 

For more information on these and related topics:

Segments, Taxes, SAB 74 and More

EFRAG’s Public Consultation on Two Exposure Drafts on Sustainability Reporting Standards for SMEs

France Introduces Possible Jail Time As Penalty For Non-Compliance With Sustainability Disclosure

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