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 March 17, 2025
FASB’s Private Company Council Releases First-Ever Annual Report
The PCC, the group that advises the Financial Accounting Standards Board on private company accounting matters, has published its 2024 Annual Report to highlight its accomplishments and activities.
Accounting February 27, 2025
GASB Says Fair Value Standard Achieved Objectives
A post-implementation review report released on Feb. 26 concluded the Governmental Accounting Standards Board's fair value measurement standard—Statement No. 72, Fair Value Measurement and Application—has met its objectives.
Accounting Standards February 5, 2025
Schneider Downs Achieves C3PAO Authorization to Conduct CMMC Certifications
The firm is one of only 54 CMMC C3PAOs nationwide to be authorized to conduct CMMC certification assessments for the Department of Defense's (DoD) program.
Accounting January 29, 2025
FASB Names Four New Not-for-Profit Advisory Committee Members
As a resource for the Financial Accounting Standards Board, the NAC obtains input from the not-for-profit sector on existing financial reporting guidance, current and proposed technical agenda projects, and longer-term or pervasive financial reporting matters affecting those organizations.
Accounting January 29, 2025
Technology Solutions for FASB ASU 2023-09 Compliance
Three ways tax provision software can help organizations comply with FASB's standard on income tax disclosure requirements and five key factors to consider when choosing a solution.
Accounting Standards January 22, 2025
FASB Proposes Codification Improvements
The Financial Accounting Standards Board published a proposed Accounting Standards Update on Jan. 22 focused on targeted improvements to the FASB Accounting Standards Codification.
Accounting January 21, 2025
AICPA News – January 2025
AICPA News is a round-up of recent announcements and alerts from the American Institute of CPAs and the Chartered Institute of Management Accountants.
Accounting January 9, 2025
FAF Looks to Fill Key Leadership, Advisory Roles
The open positions include chair and members of the Financial Accounting Foundation board of trustees, FAF executive director, a Financial Accounting Standards Board member, and chair of the Financial Accounting Standards Advisory Council.
Technology January 7, 2025
Caseware Acquires SaaS Solutions Provider LeaseJava
This is Caseware’s eighth acquisition since Hg Capital acquired majority ownership of the Toronto-based company in late 2020.
Accounting Standards January 6, 2025
FASB Clarifies Interim Effective Date of New Disaggregation Standard for Some Companies
The Accounting Standards Update clears up confusion on the interim effective date of FASB's new disaggregation of income statement expenses standard for public business entities that don't have an annual reporting period ending on Dec. 31.
Accounting Standards January 3, 2025
FASB Seeks Input on Future Standard-Setting Agenda Priorities
The Financial Accounting Standards Board published an invitation to comment on Jan. 3 that gives stakeholders the opportunity to provide feedback on the board's future standard-setting agenda.
Accounting Standards December 23, 2024
FASB Invites Comments on Intangibles
The invitation to comment is intended to explore ways the FASB can improve this area of financial reporting, which includes the accounting for acquired and internally developed intangibles.