FASB

Ericksen Krentel elects sixth MP; Yeo & Yeo, Grassi and BMSS move offices; IFRS Foundation appoints three new trustees; and more news from across the profession.

The Financial Accounting Foundation is looking for candidates for several leadership roles, including FAF executive director.

The Financial Accounting Standards Board released an update to clarify the interim effective date of its standard on disaggregation of income statement expenses for non-calendar year-end companies.

The Financial Accounting Standards Board published an Invitation to Comment and asked stakeholders for feedback on its future standard-setting agenda.

The Financial Accounting Standards Board has posted the 2025 GAAP Financial Reporting Taxonomy, SEC Reporting Taxonomy and GAAP Employee Benefit Plan Taxonomy.

The Financial Accounting Standards Board issued an invitation to comment on whether to pursue a project on accounting for intangible assets.

The Financial Accounting Foundation report found the Private Company Council has been performing its duties effectively and should continue to operate.

The proposed accounting standards update provides disclosure requirements related to environmental credits and obligations.

The American Institute of CPAs has published a new guide on best practices for the accounting and valuation of business combinations such as M&A.

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