FASB

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.

A proposed ASU would update the guidance on accounting for software, specifically when it comes to developing software for internal use.

Traphagen CPAs raises over $1K for American Cancer Society; KPMG appoints four partners to deal advisory & strategy practice; and more news from across the profession.

The Financial Accounting Standards Board has decided to tweak some of its standards related to contract assets and liabilities for construction contractors.

The proposed update aims to enhance the guidance for share-based consideration payable to a customer in conjunction with selling goods or services.

The proposed amendments would clarify guidance on hedge accounting and address issues that arose from the global reference rate reform initiative.

TaxBit announced the launch of enterprise-grade pricing feature within the TaxBit Accounting Suite.

The document includes the top priorities outlined by investors.

The Financial Accounting Standards Board issued a proposed accounting standards update to request public comments on possible changes to two of its standards.

The Financial Accounting Standards Board released a new chapter of its Conceptual Framework on the measurement of items recognized in financial statements, while also drawing that project to a close.

2024 has been a dramatic one for cryptoassets, and as the year continues, accounting professionals will need to be able to keep clients informed.

The FASB voted to propose a new ASU that would, among other things, remove the distinction between linear and nonlinear development methods.

The unpredictable nature of digital assets stands out as both a defining characteristic and a significant challenge for investors and accounting professionals alike.

Officials discussed some of the latest accounting standards and advice for auditing firms during a USC and FEI conference.

The foundation commemorated the 40th anniversary of the Governmental Accounting Standards Board, and referenced last year's 50th anniversary of the Financial Accounting Standards Board.

Having joined the Financial Accounting Standards Board as a technical assistant in 2003, Salo will serve a five-year term on the board starting in July.

Large companies are bolstering their adjusted earnings per share by excluding items such as litigation expenses and amortization of intangible assets from their net income.