Every Monday issue, in one place.

PCAOB proposed amendments to AS 6101: comfort letters and negative assurance

PCAOB voted Nov. 3 to swap AS 6101's 135-day negative-assurance cap for a filing-deadline trigger, with comments due Jan. 4, 2027.

FASB proposes Topic 606 fix, comment by Nov 23

Plus: agentic AR at Unilever and Nestle, and a $100M ERP raise.

FASB proposed ASU: indexation guidance for contracts in entity's own equity (ASC 815-40)

FASB wants to scrap the fixed-for-fixed test and replace it with an acceptable variables approach, aiming to cut restatements tied to indexation errors.

AICPA proposed 2027 SOC 2 trust services criteria: first restructure since 2017

The AICPA wants to cut 33 common criteria down to 20 and add AI points of focus - first rewrite of the SOC 2 framework since 2017.