In this episode of Accounting Matters, Embarkers Adam Olsen and Zac Smith zoom in on sustainability-linked debt, how it works, why it exists, and the potential complications it might cause for accounting teams. So pull up a chair and have a listen! For more information on sustainability and ESG-related topics: ESG Reporting Best Practices: Implementation & Beyond Effective ESG Leadership: A Competitive Advantage That’s Tough to Beat Why ESG Is So Important to Your Organization's Future Conne...
Mar 20, 2023•33 min•Ep. 49
In this particularly timely episode of AM Now, Embarkers Adam Olsen and Nicole Harger roll up their sleeves to discuss: The recent banking crises, ASC 275, FDIC insurance, risk management, and other areas finance leaders should know in light of the events around SVB & Signature Bank Auditing standard and digital asset updates from the AICPA by way of SAS 149 and its Digital Assets Practice Aid For more information on these and related topics: Crypto Accounting: Decrypting Digital Assets for ...
Mar 15, 2023•7 min
In this episode of your favorite weekly accounting & finance podcast, AM Now hosts Adam Olsen and Matt Fisser discuss: The SEC’s continued focus on non-GAAP measures Artificial intelligence’s potential in capital allocation decisions for investors The recent IFRS Sustainability Symposium, the ISSB and their standards So join in on the party, shall you? For more information on these and related topics: ESG Reporting Best Practices: Implementation & Beyond SEC: Non-GAAP Financial Measures ...
Mar 08, 2023•7 min
Join Embarkers Adam Olsen, Zac Smith, and Chase Anderson for a hearty conversation on the recent “executive clawback” ruling from the SEC. They discuss the rule itself, where “Big R” and “Little r” restatements fit into the mix, and what it all means for corporate accounting and leadership teams. So pull up a chair and have a listen! For more information on executive clawbacks and related topics: Statement on Final Rules Regarding Clawbacks of Erroneously Awarded Compensation Methods for a Summa...
Mar 06, 2023•37 min•Ep. 48
In this week’s AM Now, Embarkers Adam Olsen and Nicole Harger look at the recent inflation report from the US Department of Commerce, the interest rate environment, and how they can impact impairment and valuation analyses, cash flow, MD&A disclosures, and more. The dynamic duo also touch on FASB website enhancements, CPA licensure education requirements, and the recent move from the ISSB on solidifying its initial sustainability reporting standards. So join the fun! For more information on ...
Mar 01, 2023•8 min
Join Embarkers Adam Olsen and Matt Fisser for this week’s AM Now episode, where they’re taking a dive into PCAOB oversight (or lack thereof) of crypto assets in the FTX aftermath, as well as the SEC revisiting the so-called Custody Rule. For more information on these and related topics: Crypto Accounting: Decrypting Digital Assets for CFOs and CAOs Lack of Crypto Audit Regulation Raises Questions About PCAOB Authority SEC Proposes Enhanced Safeguarding Rule for Registered Investment Advisers Con...
Feb 22, 2023•8 min
Nothing like a hearty supplier finance arrangement to make a well-meaning accountant’s eyes glaze over a bit, huh? Well, as Embarkers Adam Olsen, Zac Smith, and Nicole Harger discuss in this Accounting Matters episode, these programs can be a benefit to all parties involved, with the latest guidance update just increasing transparency around them. In other words, there’s nothing to fear but fear itself. And snakes. But certainly not these arrangements. For more information on supplier finance pr...
Feb 20, 2023•23 min•Ep. 47
It’s a busy time for accounting peeps. In this episode of AM Now, Embarkers Adam Olsen and Nicole Harger discuss: Recent FASB news regarding crypto accounting and a future ASU More FASB updates on the common control lease arrangement project The executive clawback rule from the SEC and what it means for registrants For more information on these topics: Crypto Accounting: Decrypting Digital Assets for CFOs and CAOs Accounting for and Disclosure of Crypto Assets Project Update Common Control Arran...
Feb 16, 2023•5 min
Accounting doesn’t always go smoothly. Errors can and do happen, even for the most veteran of accountants, CFOs, and companies. So what do you do when mistakes join the reporting party? That’s exactly what Adam Olsen, Zac Smith, and Nicole Harger discuss in this second episode of our Accounting Matters series on restatements. So turn it up! For more information on accounting errors, financial reporting, and related topics: ASC 250—Accounting Changes and Error Corrections 10 Reasons Your Financia...
Feb 06, 2023•34 min•Ep. 46
GAAP isn’t set in stone. It’s dynamic, just like the business environment itself. So when there’s a change in accounting principles, you need to adapt to them. In this episode of Accounting Matters, Embarkers Adam Olsen, Zac Smith, and Nicole Harger discuss that process and what it means when you’re trying to close the books. For more information on accounting changes, financial reporting, and related topics: ASC 250—Accounting Changes and Error Corrections 10 Reasons Your Financial Reporting Is...
Jan 23, 2023•34 min•Ep. 45
Audits don’t give CFOs and their teams the warm and fuzzies. That’s especially true for a first-year audit, where unfamiliarity can quickly crank the anxiety up to eleven. But that’s why you should pull up a chair and have a listen to this latest episode of the Accounting Matters Podcast, where Embarkers Adam Olsen, Zac Smith, and Dawna Boone give you the lay of the audit land. For more information on financial statement audits and related topics: Financial Statement Audit: Tips & Insights o...
Jan 09, 2023•30 min•Ep. 44
This isn’t the first time we’ve discussed ESG on the Accounting Matters podcast, and it definitely won’t be the last. Our attendance at the 2022 AICPA & CIMA conference only confirmed the hyper-relevance of this essential topic, where ESG was top-of-mind throughout the three days. So join us for this special episode as Embarkers Adam Olsen and Robbie Sundberg discuss everything they heard about ESG reporting and, most importantly, what it means for your reporting going forward. For more info...
Dec 30, 2022•20 min
So, digital assets – cryptocurrencies, in particular – are having a bit of a moment right now, aren’t they? This volatility only creates an avalanche of questions around accounting and reporting for crypto from CFOs and their teams. That’s why Embarkers Adam Olsen and Donald Thomas are spilling the beans on what they heard on this important topic at the recent AICPA & CIMA conference. So join in on the fun! For more information on accounting for digital assets: Crypto Accounting: Decrypting ...
Dec 29, 2022•18 min
When it comes to reporting, there aren’t too many topics more relevant for CFOs and their teams than cybersecurity. That’s why Embarkers Adam Olsen and Chase Anderson sat to discuss what they heard on this critical topic during the recent AICPA & CIMA conference, including: Improved reporting and transparency for financial statement users Materiality, both quantitative and qualitative The evolution of cybersecurity and risks SEC cyber proposals And more! For more information on cybersecurity...
Dec 28, 2022•20 min
FASB. GAAP. Technical accounting. That’s the language accountants speak, so it’s no wonder the 2022 AICPA & CIMA conference focused on FASB priorities. Therefore, it just makes sense for Embarkers Adam Olsen and Nicole Harger to share everything they heard about the FASB’s crowded upcoming agenda during the conference. So join us for a discussion on critical topics like: The FASB’s standard-setting process Accounting for crypto assets Disaggregation and transparency FASB and IASB convergence...
Dec 27, 2022•19 min
Want to know what the SEC is prioritizing on the reporting front in the near and longer-term future? Or the advice it has to offer companies right now? Then join Embarkers Adam Olsen and Jana Gregory as they discuss key takeaways from the AICPA & CIMA conference, including: The role of the SEC Regulations Transparency for investors MD&A Non-GAAP measurements Pay vs performance And so much more! For more information on SEC reporting and related topics: Get to Know SEC Reporting Requiremen...
Dec 26, 2022•28 min
In this special edition of the Accounting Matters podcast, Embarkers Adam Olsen and Nicole Harger dive into all things financial reporting. Specifically, they discuss: The importance of financial reporting & transparency during economic uncertainty Accounting estimates/judgments impacted by uncertainty Disclosures, today and going forward Rising expectations around disaggregation Direct method cash flow statements And so much more! For more information on financial reporting and related topi...
Dec 23, 2022•20 min
Global pandemic. The Great Resignation. Decades-high inflation. Geo-political strife. The last few years have been, in a word – trying. But as we discuss in this latest Accounting Matters episode, businesses don’t have the option of sitting on their hands and hoping for the best. So join Embarkers Adam Olsen, Zac Smith, and James Durrenburger for a look at the many ways economic uncertainty impacts a company’s accounting and reporting. For more information on accounting and reporting during econ...
Dec 06, 2022•46 min•Ep. 43
The laundry list of things that can go bump in the financial night for businesses is long and terrifying. That’s why your company needs to understand how to proceed when everything seems upside down. So join Embarkers Adam Olsen, Zac Smith, and Lou Port for an in-depth discussion on what a company might face on the accounting front when the unthinkable happens. For more information on accounting for natural disasters and related topics: Accounting for the Impairment of Long Lived Assets: Testing...
Nov 21, 2022•45 min•Ep. 42
Bitcoin, Ethereum, NFTs, Blockchain – accounting for today’s world of digital assets is a migraine waiting to happen. That is, unless you have the right experts leading the way. Enter Adam Olsen, Zac Smith, and Matt Fisser, three Embarkers who just happen to possess that very expertise. So join us for this incredibly informative episode as we cover basic definitions and concepts, what the SEC and GAAP have to say on the topic, and so much more! For more information on accounting for digital asse...
Nov 07, 2022•43 min•Ep. 41
You didn’t think we were done with fair value after our “Fair & Square – Accounting for Fair Value Measurements” episode, did you? Au Contraire, Mon Frere. Now, Embarkers Adam Olsen, Zac Smith, and Matt Schwartz are cranking it up to 11 by bringing ASC 825 and accounting for fair value options into the mix. So get comfy because some primo insights and best practices are heading your way. For more information on fair value and related topics: ASC 825–Financial Instruments ASC 820–Fair Value M...
Oct 24, 2022•31 min•Ep. 40
While temporary – or mezzanine – equity isn’t exactly fodder for salacious headlines, it’s still an important topic for SEC registrants (and certain private businesses). But what exactly is it? And what does the guidance in ASC 480 say about these ‘tweener redeemables? That’s exactly what Embarkers Adam Olsen, Zac Smith, and Michael Landers discuss in this episode of our Accounting Matters podcast. So join us! For more information on accounting for temporary equity and related topics: ASC 480–Di...
Oct 11, 2022•33 min•Ep. 39
Wrapping up our two-part discussion on ASC 480 and debt vs. equity capitalization, Embarkers Adam Olsen, Zac Smith, and Nicole Harger roll up their sleeves for an in-depth conversation on the three distinct instrument classes in the guidance. Have questions about redeemable financial instruments, repurchase obligations, or obligations to issue a variable number of shares? Then you came to the right place! So dig in! For more information on ASC 480 and related topics: ASC 480–Distinguishing Liabi...
Sep 27, 2022•31 min•Ep. 38
Join Embarkers Adam Olsen, Zac Smith, and Julie Avellanet for a peek into the complicated, often error-prone world of ASC 480 and reporting on debt vs. equity capitalization. We’ll break down the many moving parts involved, what the guidance specifically addresses, and discuss ASC 480’s general requirements. Whether you’re a go-getter startup or a grizzled veteran of an organization, ASC 480 is relevant, essential, and complex. So pull up a seat and join in on the convo! For more information on ...
Sep 12, 2022•26 min•Ep. 37
Join Embarkers Adam Olsen, Will Carroll, and John Erickson as they dive into ASC 805 and all things business combinations. Want to learn how business combos differ from asset transactions? Or are you looking for some useful insights and tips on points like consideration, allocation, reconciliation, and implications to stay aware of? Then find a quiet spot and turn up the volume because they’re heading your way! For more information on valuation, business combinations, and related topics: ASC 805...
Aug 29, 2022•26 min•Ep. 36
Join Embarkers Adam Olsen and Matt Schwartz for a discussion on fair value measurements in this episode of Accounting Matters. Sure, it doesn’t often make headlines, but fair value is oh-so important to the balance sheet, financial reporting as a whole, and the accurate, transparent information investors need. If you’re looking for insights, maybe even some best practices, on accounting for fair value measurements, you’ve come to the right place. For more information on accounting for fair value...
Aug 15, 2022•38 min•Ep. 35
Join Embarkers Adam Olsen, Zac Smith, and Nicole Harger for this second episode of the Accounting Matters podcast on accounting for profit interest awards. This go around, we take a look at the differences between the relevant guidance – ASC 710 and 718 – where and when each might apply, as well as a few best practices for good measure. For more information on accounting for profit interest awards and compensation: Best Practices for Choosing & Maintaining a Stock Comp Plan ASC 710 Compensat...
Aug 01, 2022•22 min•Ep. 34
In this episode of Accounting Matters, Embarkers Adam Olsen, Zac Smith, and Nicole Harger discuss accounting for profit interest awards, what GAAP has to say about them, and why they’re gaining in popularity these days. Done right and profit interest awards can be a win-win. Done wrong and they’re an accounting standards migraine waiting to happen…so listen closely! For more information on accounting for profit interest awards and compensation: Best Practices for Choosing & Maintaining a Sto...
Jul 18, 2022•27 min•Ep. 33
Join us for a demystifying episode of the Accounting Matters podcast as Embarkers Adam Olsen, Zac Smith, and Julie Avellanet take a closer look at accounting for stock warrants. Yes, warrants can be a bit confusing at first glance, even for veteran accountants. But as you’ll find out, their bark is usually worse than their bite. For more information on warrants and equity accounting: ASC 718: Compensation–Stock Compensation Equity Accounting Transaction Considerations and Other Complexities ASU ...
Jun 27, 2022•37 min•Ep. 32
Manual processes are every finance organization’s kryptonite – slow, tedious, susceptible to errors and inaccuracies. But as Embarkers Adam Olsen, Zac Smith, and Hayden McHan discuss in this episode of Accounting Matters, Alteryx puts those issues to rest with automated efficiencies that your people, stakeholders, and auditors will all love. For more information on Alteryx and automation: Alteryx for Accounting: The Future of the Finance Organization Enhancing Your Accounting Function through Da...
Jun 13, 2022•28 min•Ep. 31
