FASB

The American Institute of CPAs has published a new guide with information on best practices for the accounting and valuation of business combinations such as mergers and acquisitions.

The Financial Accounting Standards Board is seeking comments on a practical expedient and an accounting policy election for stakeholders.

John Auchincloss will retire in September 2025 from the FAF. The search for his successor will begin immediately.

The ASU clarifies how the existing guidance would apply to settlements of convertible debt instruments with cash conversion and other features.

The Financial Accounting Standards Board released a post-implementation review of its rev rec standard a decade after its implementation.

The Financial Accounting Standards Board issued a proposed accounting standards update to establish authoritative guidance on the accounting for government grants received by business entities.

The invitation to comment requests input on financial key performance indicators such as EBITDA and free cash flow and how they should be treated.

The Financial Accounting Standards Board issued a proposed update to improve the navigability of the disclosures for interim reporting periods.

In response to demand from investors, public companies will be required to disclose more information about certain expenses in the notes to financial statements.

The proposed ASU would set more consistent requirements for determining the acquirer when a transaction is achieved by exchanging equity interests.