Home

This Heads Up discusses the FASB’s proposed Accounting Standards Update (ASU) that would clarify when payments should be accounted for as consideration payable to a customer.

At its October 21, 2026, meeting, the FASB discussed comments received on its June 2026 proposed Accounting Standards Update (ASU) on targeted improvements to the accounting for interest rate risk hedging and net investment hedging.

The SEC has revised Question 115.15 of its corporation finance interpretations (CFIs) on its Securities Act forms, which addresses whether ”an issuer that timely filed its Exchange Act reports during the past twelve months, but was not required to file reports under the Exchange Act for a portion of that period, [would] be able to satisfy Instruction I.A.3 of Form S-3.”

The SEC’s Division of Examinations (the “Division”) has published its examination priorities for fiscal year 2027.