The Regulators Part 1

The transcript covers the challenges faced by businesses and regulators in uncertain times, focusing on transparency and the role of accounting standards. It discusses the impact of the pandemic on regulatory decisions, the implementation of insurance standards, and the influence of Congress on CECL. The importance of disclosure in supply chain finance and the role of FASB in ESG reporting are also highlighted.

What are the implications of the Congressional actions on the delay of accounting standards?

What is the speaker's perspective on the impact of the coronavirus pandemic on accounting standards?

In what ways does the speaker believe that the board can improve its standards in response to economic conditions?

What are the key considerations for companies when making subjective estimates in volatile environments?