Brad welcomes Frank Boutillette back to the podcast, and they provide numerous FASB updates including stock-based compensation, SOFR and leases.
Financial Accounting Standards Board (FASB)
- Stock-based compensation
- Possible extension of implementation of Secured Overnight Financing Rate (SOFR) replacing for LIBOR
- Tentative board decisions on related-party leases
Securities and Exchange Commission (SEC)
- Focus on crypto assets and life sciences