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.
Technology August 6, 2025
OneBill Rolls Out Revenue Recognition and Compliance Solution
The new solution from OneBill, RevRec360, is designed for accounting and finance teams navigating complex revenue models.
Accounting August 5, 2025
FASB Releases 2025 Investor Outreach Report
Staff from the Financial Accounting Standards Board engaged in more than 400 investor interactions over the year that ended June 30, 2025, according to FASB's latest Investor Outreach Report.
Accounting July 30, 2025
FASB OKs New Credit Losses Guidance for Accounts Receivable, Contract Assets
The Financial Accounting Standards Board issued new optional guidance on July 30 regarding the measurement of credit losses for accounts receivable and contract assets.
Accounting Standards July 18, 2025
Financial Accounting Standards Board and the Accounting Standards Board of Japan Hold Bilateral Meeting
The meeting was the thirty-fifth in a series of meetings between the FASB and the ASBJ to further the boards’ cooperative efforts to develop high-quality global accounting standards.
Accounting July 10, 2025
Crunchafi to Share Practical ASC 842 Strategies at July Conferences
Crunchafi will present in two key accounting conferences this month, offering actionable strategies to navigate the ongoing complexities of ASC 842.
Accounting July 7, 2025
AICPA Seeks Comment on Proposed Update to Auditors’ Responsibilities Related to Fraud
The proposed Statement on Auditing Standards contains a number of changes, including the establishment of required procedures for when an auditor has identified fraud or suspected fraud.
Accounting Standards June 23, 2025
IASB Issues Revised Practice Statement on Management Commentary
The revised Practice Statement supports improvements to and greater global alignment in management commentary and narrative reports accompanying the financial statements.
Accounting Standards June 23, 2025
GASB Provides Guidance to Assist Stakeholders with Application of its Pronouncements
The guide contains new questions and answers that address application of GASB standards on leases, accounting changes and error corrections, conduit debt obligations, and cash flows reporting, among others.
Accounting Standards June 23, 2025
IFRS Foundation Publishes Guidance on Disclosures About Transition Plans
The document builds on disclosure-specific material developed by the Transition Plan Taskforce (TPT), for which the IFRS Foundation took responsibility in 2024.
Accounting Standards June 16, 2025
AICPA Seeks Comment on Proposed Criteria for Stablecoin Controls
The American Institute of CPAs (AICPA) is reinforcing its role as a leading voice in the treatment of digital assets by providing a framework for controls over stablecoins.
Accounting May 15, 2025
FASB OKs Update to Guidance on Share-Based Consideration Payable to a Customer
The Financial Accounting Standards Board issued an Accounting Standards Update on May 15 that clarifies accounting guidance for share-based consideration payable to a customer in conjunction with selling goods or services.
Accounting May 12, 2025
FASB Issues Standard Clarifying Accounting Acquirer in a Business Combination
The Financial Accounting Standards Board published new rules on May 12 that the board says improve the requirements for identifying the accounting acquirer in FASB ASC Topic 805, Business Combinations.