FASB

The ASU would extend private company alternatives to NFPs.

A proposed ASU would help with the implementation of the new standard on leasing.

The Financial Accounting Standards Board has made available the 2019 GAAP Financial Reporting Taxonomy and the 2019 SEC Reporting Taxonomy.

The update aims to reduce the costs of implementing and applying the new lease-reporting rules

Companies are expanding their budgets to accommodate the new leasing standard, according to a new survey by Ernst & Young.

The Financial Reporting Executive Committee eventually plans to publish a broader Business Combinations Accounting and Valuation Guide.

The proposals would make narrow improvements to the rules for credit losses, hedging, and recognition and measurement.

The SEC is also working to help companies with a crowded implementation schedule.

The update makes narrow improvements to the credit losses standard, including the transition requirements.

A new report from PwC finds businesses still scrambling to meet the deadlines.

The Financial Accounting Standards Board unveiled a proposed accounting standards update Wednesday aimed at improving and harmonizing the accounting for films and episodic content for both TV and streaming video services like Netflix.

The update clarifies the guidance on the interaction between some types of collaborative arrangements and the new revenue recognition standard.

The staff paper aims to help private company franchises implement the new accounting standard by offering them practical examples.

The vast majority of S&P 500 issuers are using the modified retrospective method of adopting the new rules.

Last month a very strange thing happened.

The new lease accounting standard that takes effect for public companies next year poses obstacles for the audit firms that have begun implementing it for their clients.

The accounting standard redefines the rules for operating leases.

The standards update aims to reduce the cost and complexity of variable interest entities, particularly for private companies.

ASU 2018-16 lets hedgers use the SOFR Overnight Index Swap Financing Rate.

The Financial Accounting Standards Board’s new hedge accounting standard is prompting some companies to adopt the standard ahead of the Jan 1, 2019 effective date, though many companies are still not using hedge accounting at all.