FASB

The Financial Accounting Standards Board issued a new accounting standards update aimed at improving its existing hedge accounting guidance.

The 2016 standard on leases met its objective of providing investors with useful information, but the costs of implementing and maintaining it were high.

The Financial Accounting Standards Board decided to add a project to its technical agenda related to the accounting for cryptocurrency asset transfers.

The Financial Accounting Standards Board aims to improve the accounting for purchased loans as it confronts a potential threat from House Republicans.

The American Institute of CPAs and state societies want to introduce high school students to the accounting profession, as FASB and GASB target university graduates.

The generative AI research tool 'Josi' provides secure, direct access to the AICPA's professional standards, authoritative guidance and related information.

The proposed ASU offers guidance on how an issuer should initially measure paid-in-kind dividends on equity-classified preferred stock.

The Financial Accounting Standards Board issued an standards update to address stakeholder concerns about the application of derivative accounting.

The Financial Accounting Standards Board posted an accounting standards update to improve the guidance on accounting for internal-use software costs.

FASB makes appointment to Emerging Issues Task Force; IIA names new EVP; and more news from across the profession.

Johnson Lambert elects next MP; Boyer & Ritter relocates; and more news from across the profession.

The FAF Board of Trustees selected Dalia Blass to serve as its new board chair and appointed Erin Hill as the FAF's new executive director.

Bloomberg Tax and Accounting launched an embedded solution to help users adhere to the FASB Accounting Standards Update that concerns income tax disclosures.

To those who might remember this column that ran for more than 20 years, and to those who don't, it took something especially egregious to bring me back.

The Financial Accounting Standards Board is offering optional guidance on the measurement of credit losses for accounts receivable and contract assets.

House Republicans released a spending proposal that threatens to withhold funding from the Financial Accounting Standards Board unless it withdraws its income tax reporting standard.

The Financial Accounting Standards Board released an update to improve the requirements for identifying the accounting acquirer in business combinations.

PCAOB chair Erica Williams says the role played by the audit overseer can't simply be "cut and pasted" into the SEC as legislation threatens to shutter the board.

The Financial Accounting Standards Board issued a proposed accounting standards update on debt exchange transactions involving multiple creditors.

The Financial Accounting Foundation released its annual report, offering an overview of its activities in 2024, and at the two standard-setters it oversees.