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.
Accounting Standards December 13, 2023
FASB Issues Standard to Improve the Accounting for and Disclosure of Certain Crypto Assets
The new standard responds to feedback from stakeholders of all backgrounds who indicated that improving the accounting for and disclosure of crypto assets should be a top priority for the board.
Accounting November 27, 2023
FASB Issues New Rules on Segment Reporting
The guidance will provide investors with additional useful information about a public company's segment expenses, the FASB says.
Accounting Standards November 20, 2023
New Jersey Society of CPAs Announces CPA Exam Lottery Winners
The annual lottery, which launched in 2019, was created to partially offset the cost of preparing for and taking the CPA Exam.
Accounting October 9, 2023
FASB Issues Disclosure Improvements in Response to the SEC’s Disclosure Update and Simplification Initiative
The amendments in the ASU are expected to clarify or improve disclosure and presentation requirements of a variety of Codification Topics.
Accounting October 4, 2023
FASB to Host Public Roundtable on Proposal to Improve Disclosures around Income Statement Expenses
The Financial Accounting Standards Board (FASB) will host a public roundtable on its July 2023 proposed Accounting Standards Update (ASU).
Accounting September 7, 2023
FASB OKs New Crypto Assets Standard
The new rules will require certain cryptocurrency assets, such as Bitcoin and Ethereum, to be measured at fair value.
Accounting August 23, 2023
FASB Approves New Accounting Rules for Joint Ventures
The ASU, issued by the FASB on Aug. 23, provides specific guidance on the accounting for joint venture formations.
Accounting August 1, 2023
FASB Seeks Public Comment on Proposal to Improve Disclosures around Income Statement Expenses
The proposed ASU would require public companies to provide detailed disclosure of specified categories underlying certain expense captions in interim and annual periods.
Accounting June 30, 2023
IASB Seeks Input for Review of Accounting Standard on Revenue
The accounting standard was developed jointly with the U.S. Financial Accounting Standards Board and came into effect in 2018.
Accounting June 28, 2023
No Escape: How to Live with the New Lease Accounting Standards
While ASC 842, IFRS 16, and GASB 87 aren’t making anyone’s life easier, there are some exceptions to the rules.
Accounting June 27, 2023
FASB Plans Changes to Acquired Financial Asset Reporting
The proposal would eliminate the “double count” that occurs under current expected credit loss (CECL) accounting.
Accounting May 11, 2023
FASB Seeks to Add Guidance on Profits Interest Awards
Proposal would help companies determine whether these awards should be accounted for as a share-based payment arrangement.