Accounting Standards January 14, 2026
FASB Names New Members to Its Not-for-Profit Advisory Committee
The Financial Accounting Standards Board appointed six new members to its Not-for-Profit Advisory Committee, effective immediately.
Financial Reporting March 25, 2024
2024 GAAP Taxonomy Approved By SEC
The SEC has accepted the taxonomies on GAAP financial reporting and SEC reporting, the FASB said on March 19.
Accounting March 21, 2024
New FASB Standard Clarifies Guidance on Profits Interest Awards
ASU helps companies determine whether these types of awards should be accounted for as share-based payment arrangements.
Accounting March 21, 2024
FASB Taps EY Partner as New Technical Director
Jackson Day, who is currently a partner in professional practice at EY, will begin his new role at the FASB this July.
Accounting March 12, 2024
Corporate Transparency Act and BOI Found Unconstitutional by Federal Court
A federal district court in Alabama has found the Corporate Transparency Act, which includes the controversial Beneficial Ownership Information reporting requirements, to be unconstitutional.
Accounting March 8, 2024
Institute of Internal Auditors Reviewing SEC’s New Climate Change Disclosure Rule
The IIA noted the importance of transparency in order to provide confidence to all stakeholders, including the public.
Financial Reporting March 6, 2024
SEC Issues Climate Disclosure Rules
The Securities and Exchange Commission has published new rules to enhance and standardize climate-related disclosures by public companies and in public offerings.
Accounting March 1, 2024
FAF Wants to Know How the Private Company Council Can Be More Effective
As part of its effectiveness review of the PCC, the Financial Accounting Foundation is soliciting feedback from stakeholders.
Accounting Standards March 1, 2024
Financial Accounting Foundation Names New Vice Chair and Members of GASAC
Lisa Washburn was appointed GASAC vice chair and David Goldman and Deborah L. Miller were appointed to the council.
Accounting Standards February 23, 2024
AICPA & CIMA Join International Initiatives to Support Implementation of IFRS Sustainability Disclosure Standards
The two initiatives are designed to raise global awareness about the IFRS Sustainability Disclosure Standards and support implementation of them.
Accounting Standards February 18, 2024
COSO Appoints First Executive Director
COSO has provided thought leadership and guidance for organizations in areas of internal control, enterprise risk management, fraud deterrence, and governance.
Accounting Standards February 15, 2024
AICPA Wants BOI Rule Suspended
Despite the AICPA’s extensive efforts, in coordination with many other stakeholders, to inform small businesses of their new obligations concerning BOI reporting, many remain broadly unaware of their reporting requirement.
Accounting January 23, 2024
FAF Redesigns FASB Website
Revamped websites for the Financial Accounting Foundation and the GASB will also be going live in the coming weeks.