Accounting Standards
Latest News
House Tax-Exempt Crackdown Bill Passes Despite Democrat Defections
Retailers Tell Senate Credit Card ‘Swipe’ Fees are ‘Adding Inflationary Pressure to the U.S. Economy’
The Top Toys and Gifts for the 2025 Christmas and Holiday Season
PCAOB Rule Change Creates Procedure to Revoke Delinquent Firms’ Registrations
AICPA Wants Changes to the Labor Department’s Retirement Security Rule
About 138,000 AICPA members advise individual, family and business owner clients on personal financial planning matters.
FASB Accepting Comments on Proposed New Chapter of Its Conceptual Framework Measurement
The Conceptual Framework is a body of interrelated objectives and fundamentals that provides the FASB with a useful tool as it sets standards.
AICPA and NASBA Revise CPE Standards
Among the most significant changes is the addition of a virtual option under the Group Live instructional delivery method (provided certain additional requirements are met).
FASB Issues One Last Proposed ASU to Close Out the Year
The proposed rules issued by the FASB on Dec. 19 focuses on induced conversions of convertible debt instruments.
FASB Makes 2024 GAAP and SEC Taxonomies Available
Taxonomies on GAAP financial reporting, SEC reporting, and DQC rules were released by the FASB on Dec. 18.
FASB Issues Standard That Enhances Income Tax Disclosures
The ASU improves the transparency of income tax disclosures by requiring (1) consistent categories and greater disaggregation of information in the rate reconciliation and...
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.
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.