Liability management exercises have become a popular tool for restructuring distressed debt outside of court, but data reveals an 86% failure rate within two years.

The first quarter of 2026 brought significant developments in accounting standards, regulatory changes, and market dynamics. Three major FASB updates are expected in Q2 2026, while the SEC prepares a potentially transformative proposal to make quarterly reporting optional for US public companies.

The conversation with SEC Commissioner Mark Uyeda at the conference was a comprehensive exploration of regulatory challenges, policy priorities, and insights into how the SEC operates under evolving conditions.

As another audit season approaches, equity accounting—and how it affects the audit—is a perennial hot topic among accounting and financial reporting professionals.

Impairment is often viewed as a point-in-time accounting conclusion rather than a reflection of how capital decisions play out over time.

The Commission approved Canadian Nuclear Laboratories' (CNL) application to amend their operating licence to construct a near-surface disposal facility at Chalk River Laboratories.

For accounting leaders and financial reporting teams, Riveron accounting advisory professionals lay out insights from the 2025 AICPA & CIMA Conference on Current SEC and PCAOB Developments.

Newly enacted US tax legislation called the One Big Beautiful Bill Act (OBBBA) brings sweeping changes to renewable energy incentives in the United States.

The US flat-rolled steel market reveals a critical disconnect between production capacity and actual material availability, creating unexpected financial pressures for industrial manufacturers. As hot-rolled coil constraints intensify due to trade policy shifts and infrastructure demands, procurement challenges are rapidly transforming into enterprise value issues that extend far beyond the purchasing department. Manufacturing leaders must now recognize that steel availability serves as an early warning sys

The interview with Paul Munter, the SEC's Chief Accountant, offered an in-depth perspective on the responsibilities and challenges facing accounting professionals, as well as the broader implications.

As the City of Detroit welcomed the North American International Auto Show last week, Foley & Lardner LLP hosted industry leaders at its annual Automotive Forum for a discussion of the critical areas spanning...

In a recent Brainwaves event hosted by the Society of Automotive Analysts and Foley & Lardner LLP, titled "100 Days and Beyond: Presidential Policy Shifts Impacting Automotive,"...

The EU Commission is proposing significant changes to the Corporate Sustainability Reporting Directive (CSRD). The Omnibus Package, noted as a "first series" in its February 26, 2025...

Liability management exercises (LMEs) offer companies facing financial pressure an alternative to formal bankruptcy, but their tax consequences can significantly impact long-term value creation. Understanding how different LME structures affect cancellation of indebtedness income, tax attributes, and future deductions is essential for stakeholders evaluating out-of-court debt restructuring options.

IPO readiness extends far beyond technical accounting, requiring companies to operate like public entities months before filing. Finance leaders must establish robust financial architecture, align stakeholders across departments, and address historical accounting issues that can derail timelines when exposed to public-company scrutiny.

Welcome to the October 2024 edition of Plugged In, in which we continue our three-part series on the role of technology and AI in shaping the future of the automotive industry.

Foley is here to help you through all aspects of rethinking your long-term business strategies, investments, partnerships, and technology.

Links to media releases, in practice & court, publications, cases & legislation relating to the NSW government.