Accounting Standards January 22, 2025
The Financial Accounting Standards Board published a proposed Accounting Standards Update on Jan. 22 focused on targeted improvements to the FASB Accounting Standards Codification.
January 21, 2025
January 9, 2025
January 7, 2025
January 3, 2025
Accounting Standards November 26, 2024
The amendments in the ASU clarify requirements for determining whether certain settlements of convertible debt instruments, including convertible debt instruments with ...
Accounting Standards November 25, 2024
The proposal defines subsequent events and provides note disclosure requirements in order to reduce diversity in practice.
Accounting Standards November 25, 2024
The report discusses how the FASB staff conducted the Revenue PIR process, which included outreach with more than 2,200 stakeholders from diverse backgrounds, key implementation support
Accounting Standards November 25, 2024
The proposed ASU is aimed at public business entities that do not have an annual reporting period that ends on Dec. 31.
Accounting Standards November 25, 2024
The Financial Accounting Foundation's Board of Trustees has appointed Robert W. Scott and Dianne E. Ray to the GASB board.
Accounting November 19, 2024
The proposal would establish rules on the recognition, measurement, and presentation of a government grant received by a business.
Accounting November 14, 2024
An invitation to comment was issued on Nov. 14 as part of the FASB's research project on financial KPIs for business entities.
Accounting November 13, 2024
A proposal issued on Nov. 13 is intended to provide stakeholders some clarity on the current interim reporting requirements.
Accounting Standards November 11, 2024
The tactics led a Virginia federal court judge to conclude that an “awful lot of evidence has likely been destroyed,” and provoked a San Francisco federal court judge to criticize Google for lying to the court and deliberately hiding evidence from opponents.
Accounting November 21, 2024 Sponsored
While S Corporations and Limited Liability Companies (LLCs) are similar because they provide liability protection for business owners and allow for pass-through tax treatment, there are many differences as to how they are operated, complied with, and taxed.
Accounting November 4, 2024
The FASB listened to investor requests by requiring public companies to disclose more information about certain expenses.
Accounting Standards October 31, 2024
The determination of the accounting acquirer can significantly affect the carrying amounts of the combined entity’s assets and liabilities, which can affect the combined entity’s post-transaction net income.