CAQ Public Policy and Technical Alert, February 2015

Each month, the CAQ Public Policy and Technical Alert highlights and examines regulatory, standard-setting, legislative, and broader financial reporting developments impacting the public company audit profession. Please note that this alert is intended as general information and should not be relied upon as being definitive or all-inclusive. The CAQ encourages member firms to refer to the rules, standards, guidance, and other resources in their entirety.

In This Issue:

• SEC approves PCAOB’s 2015 budget

• SEC reaches settlement with Chinese affiliates

• SEC proposes rules for disclosing hedging policies

• FASB updates consolidation guidance

• FASB proposes update to disclosures about bifurcated embedded derivatives

• IASB proposal clarifies classification of liabilities

• Harvey Goldschmid: An appreciation

• Upcoming Events