FASB Proposes Improvements To Share-Based Consideration Payable To A Customer

The FASB has issued an Exposure Draft for public comment that is intended to reduce diversity in practice related to share-based consideration payable to a customer in conjunction with selling goods or services.

FASB Issues New And Final Chapter Of Its Conceptual Framework: Measurement

The FASB has issued a sixth chapter of its Concepts Statement No. 8, Conceptual Framework for Financial Reporting, entitled “Measurement.”

FASB Issues Guidance on Accounting for Profits Interests

The FASB has issued ASU 2024-01, Compensation - Stock Compensation - Scope Application of Profits Interest and Similar Awards that is intended to reduce diversity in practice and provide more consistent information to users of financial statements.

FASB Issues Accounting Standards Update To Remove References To Concepts Statements

The FASB has issued ASU 2024-02, Codification Improvements-Amendments to Remove References to the Concepts Statements.

FASB Proposes Update To Enhance Guidance On Convertible Debt Settlements

The FASB has published an Exposure Draft related to Debt—Debt with Conversion and Other Options (Subtopic 470-20) - Induced Conversions of Convertible Debt Instruments.

FASB Seeks Input On Proposed New Chapter Of Its Conceptual Framework: Measurement

The FASB has issued an Exposure Draft for the sixth chapter of its Concepts Statement No. 8, Conceptual Framework for Financial Reporting, entitled “Measurement.”

GASB Issues Guidance Requiring Governments To Disclose Certain Risks

The GASB has issued Statement No. 102, Certain Risk Disclosures to provide some additional guidance related to disclosure of risks. The GASB noted that essential information about some risks is not being regularly disclosed due to the disclosures not being explicitly required.

FASB Issues New Segment Reporting Guidance

The FASB has issued ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures.

FASB Issues Guidance To Improve Accounting And Disclosure For Digital Assets

The FASB has issued ASU 2023-08, Intangibles – Goodwill and Other – Crypto Assets. ASU 2023-08 is intended to provide users with more decision-useful information in the accounting for crypto assets.

FASB Issues Guidance On Income Tax Disclosures

The FASB has issued ASU 2023-09, Income Taxes – Improvements to Income Tax Disclosures that is intended to enhance the transparency and decision usefulness of income tax disclosures.

GASB Proposes Guidance On Disclosure And Classification Of Certain Assets

FASB Issues Guidance To Improve Accounting For Joint Ventures

FASB Issues New Chapter Of Its Conceptual Framework Regarding Recognition And Derecognition

RPA within the Finance Function of a large Healthcare Payer

Process Optimization to identify low-cost automation opportunities within the Finance function of a large Healthcare Payer

Improved Approval Processing Time by 50%, Workflow Implementation

Implemented a New Technology Platform in Support of the Request for Capital Expenditure Process for a Large Research-based Biopharmaceutical

Zero Backlog on Reconciliations, Medicare Advantage Process Improvement

Process Redesign and Technology Enablement for a paperless enrollment and underwriting workflow for a Large, East Coast Healthcare Payer

Reduced Processing Time by 20%, Sales Process Redesign

Designed and Implemented new sales support tools and training materials for a Midwest-based Provider of Non-Standard Auto Insurance

Increased Enrollment by 34%, ACA EDI Implementation

Implemented Electronic Data Interface (EDI) capabilities in Support of the Affordable Care Act for a Western US Healthcare Payer

Reusable Strategic Decision Framework, Outsourcing Strategy

Process Redesign and Technology Enablement to Create a Cost-Effective and Value-Generating Captive Processing Center for a $1B Provider of Individual and Small Group Healthcare

$200M Savings over 5 Years, Commercial Lines Process Redesign

Process Redesign and implementation of core submission to issue process for a Large Commercial Lines Property & Casualty Carrier