FASB

The codifications will be more accessible to the general public and the paid professional view will be eliminated.

The board voted to approve an update that would enable more companies to opt for a proportional amortization accounting method for their tax credit investments.

Private companies in the U.S. are still adjusting to the standard that took effect last year, as international standard-setters are proposing new rules for the public sector.

As CFOs and CAOs are discovering, there's a whole new level of complexity with cryptocurrencies and digital assets beyond volatility.

NJCPA announces the 10 winners of its Student Loan Debt Lottery; BPM launches podcast series; and more accounting news.

The Financial Accounting Standards Board is extending the period of time to use its LIBOR-to-SOFR relief guidance.

Accounting Standards Update 2022-5 amends the LTDI guidance from 2018.

Officials from the Financial Accounting Standards Board are defending their consultations with investors in the wake of a report from an SEC advisory committee.

Officials from the commission discussed some of the proposed rules for digital assets like cryptocurrency and climate-related disclosures under development.

The board issued an ASU to improve accounting guidance for arrangements between entities under common control.

The Financial Accounting Standards Board is proposing a new chapter in its conceptual framework on recognition and derecognition of items in financial statements.

Grant Thornton adds five to senior leadership team; Marcum prepares for annual Day of Service; and more news from accounting firms across the country.

The financial industry veteran will be overseeing the Financial Accounting Standards Board and the Governmental Accounting Standards Board.

Officials from the two boards discussed their work on upcoming auditing and accounting standards as they adjust to changing agendas and expectations.

The Financial Accounting Standards Board issued a proposed accounting standards update to give investors more information about a joint venture's financial statements.

Rettig speaks; FASB on crypto; going public; and other highlights from our favorite tax bloggers.

The board wants feedback on its proposed description of a reporting entity by January 2023.

The board has decided to require companies to measure cryptocurrency assets at fair value.

Board staff believe the approach better aligns measurement of crypto assets with that of other assets used for investment purposes.

The board is proposing to require companies to disclose more detailed information about the different segments of their business.