FASB

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.

The Financial Accounting Standards Board released a paper on how to apply its revenue recognition standard to construction contracts with retainage provisions.

The CFA Institute is urging accounting standard-setters to require more detailed disclosures of intangible assets before they're recognized on the balance sheet.

Plus, SAP builds Joule AI into Concur Expense and Concur Travel; New startup, Town, launches with SMB tax platform; and other accounting tech updates.

Armanino adds 22 partners; Weaver expands in India; and more news from across the profession.

FASB regulations requiring companies to record digital assets at fair value go into effect this year, but earlier adoption is permitted.

The Financial Accounting Standards Board released a proposed ASU containing a set of targeted improvements to the FASB Accounting Standards Codification.

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.