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 November 13, 2024
FASB Rolls Out Plan to Improve Interim Reporting Guidance
A proposal issued on Nov. 13 is intended to provide stakeholders some clarity on the current interim reporting requirements.
Accounting Standards November 11, 2024
Federal Judges Say Google Lied and Cheated in Monopoly Cases
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
Archived Webcast – S Corporation vs. LLC: Similarities and Differences
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
FASB Adds Standard on Income Statement Expenses
The FASB listened to investor requests by requiring public companies to disclose more information about certain expenses.
Accounting Standards October 31, 2024
FASB Proposal Aims to Clarify Guidance on Accounting Acquirer in Business Combinations
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.
Accounting October 29, 2024
FASB Tackles Plans to Update Software Cost Accounting Guidance
The updated rules would enhance the transparency of an entity's cash flows related to internal-use software costs, the FASB says.
Financial Reporting October 18, 2024
Withum’s New Outsourcing Service Streamlines Compliance with European Corporate Sustainability Reporting Directive
According to the professionals in Withum’s Sustainability and ESG Practice, approximately 50,000 companies worldwide are required to report detailed sustainability performance in compliance with ESRS.
Accounting Standards October 17, 2024
GASB Issues Guidance on Disclosure of Certain Capital Assets
The Governmental Accounting Standards Board (GASB) has issued guidance that establishes requirements for certain types of capital assets to be disclosed separately for purposes of note disclosures.
Accounting October 11, 2024
GASB Asks For Input on Infrastructure Assets Proposals
Several proposals on the accounting for infrastructure assets are on the table to review and provide feedback.
Accounting Technology Lab Podcast October 11, 2024
AI and Privacy Regulations – The Accounting Technology Lab Podcast – Oct. 2024
Hosts Brian Tankersley, CPA, and Randy Johnston discuss how the privacy implications of artificial intelligence and new regulations attempting to address these issues.
Accounting September 30, 2024
FASB Looks to Update Rules on Share-Based Payments
The proposal would clarify guidance on share-based payments that an entity grants as consideration payable to a customer.
Accounting September 25, 2024
FASB Aims to Clarify Certain Aspects of Hedge Accounting Rules
The proposed ASU issued by the FASB on Sept. 25 addresses five issues in the standard-setting board's hedge accounting guidance.