FASB

The Financial Accounting Standards Board recently released a new accounting standards update on consolidation for not-for-profit entities. Lee Klumpp, director in BDO’s Institute for Nonprofit Excellence, discusses the implications for organizations and how they are dealing with the other new rules FASB issued last year for nonprofits.

The Financial Accounting Standards Board has released a new standard that promises to simplify the goodwill impairment test, allowing many companies that don’t already apply the private company accounting alternative for goodwill to skip an extra step.

The American Institute of CPAs has been producing guidance for how different industries can deal with the new rev rec standard that will be taking effect at the end of the year.

FASB's impending standard and a new value-based reimbursement program are forcing health care providers to cope with two changing sets of methodologies at the same time.

The Financial Accounting Standards Board has issued a pair of proposed accounting standards updates.

Mary Jo White urges FASB to continue efforts to harmonize U.S. GAAP with International Financial Reporting Standards.

The Financial Accounting Standards Board has released guidance aimed at clarifying the meaning of a “business” for purposes of the accounting rules.

The American Institute of CPAs issues online audit and accounting look at impending standard.

Kicking off the New Year with: Four Good Tax Moves; “Tax Offender of the Year; “Social Media Checklist for Tax Preparers;” and other highlights from our favorite tax bloggers.

Mario Pompeo of CohnReznick discusses how accountants can help companies get ready for implementing the new revenue recognition standard in this new podcast.

The January column takes on more misconceptions about market values.

The Financial Accounting Foundation is filling three soon-to-open seats on its board.

The standard-setter aims to clarify several aspects of Topic 606.

Board releases a set of narrow modifications to clarify various rules.

The Financial Accounting Standards Board has released the 2017 GAAP Financial Reporting Taxonomy, although final acceptance by the Securities and Exchange Commission is still pending.