Insights:

There were 51 reported food and beverage M&A transactions that closed during the second quarter of 2018, with an aggregate reported deal value of $78.2 billion.

With GDPR enforcement underway, eyes across the world turn to developments in data privacy legislation in the U.S. and India.

The SEC completed a rule to lessen the disclosure requirements for public companies. The market regulator said the changes will lighten the regulatory requirements for public companies without depriving investors of useful information for making investment decisions.

Delivered quarterly, Baker Tilly’s Banking and Compliance Update Newsletter provides you and your banking institution with timely information about industry hot topics, developments, trends and more.

The FASB published a long-awaited update to U.S. GAAP’s guidance for long-term insurance policies. The changes require insurers to regularly assess their need to update the assumptions they use for estimating their liabilities to policyholders. The amended accounting marks a sea change from current reporting practices, which often leave insurers with forecasts about policyholders and future cash flows that are based on assumptions that may be years, if not decades, out of date.