AM Now 7.12.23: Proposed ASU on Purchased Financial Assets, PCC Meeting Recap, IFRS / TCFD News

AM Now hosts Adam Olsen and Nicole Harger are at it again, delivering yet another round of critical updates from the accounting world, including:The FASB’s proposed standard update to improve the accounting for purchased financial assets under ASC 326A quick recap of the recent Private Company Council (PCC) meeting held at the end of JuneThe IFRS Foundation takes over the monitoring of sustainability reporting progress from the TCFD.  For more information on these and related topics:Proposed Accounting Standards Update, Financial Instruments—Credit Losses (Topic 326)PCC Meeting RecapIFRS to Take Over Responsibilities of the TCFDConnect with Embark on: LinkedInInstagramTwitterFacebookYouTubeListen to AM Now on Apple Podcasts, Google Play, and Spotify.