Accounting July 30, 2025
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 April 26, 2023
The most challenging part could be tracking down exactly which SBITAs your clients are using and under what licensing criteria.
Accounting April 18, 2023
This was the 32nd in a series of meetings between the FASB and the Accounting Standards Board of Japan.
Accounting April 14, 2023
Reporting entities can now elect to account for qualifying tax equity investments using the proportional amortization method.
Auditing April 11, 2023
The conversation will highlight several interesting topics such as the Financial Data Transparency Act and its potential impact on corporate SEC registrants, the use of ...
Accounting March 31, 2023
The FASB chair provided highlights on FASB activities, and the SEC and PCAOB staff members commented on current issues and activities.
Accounting March 24, 2023
Board said fair value accounting was the right method for crypto assets, not the current cost-less-impairment model.
Accounting March 16, 2023
The proposed ASU addresses investor requests for more transparency about income tax information.
Accounting February 28, 2023
As a result of this change, the former “Professional View” paid subscription service has been eliminated.
Accounting February 6, 2023
If cleared as final implementation guidance, the question and answer in this supplemental Exposure Draft will be added to previously exposed questions and ...
Accounting February 3, 2023
Companies would be required to measure crypto assets, like Bitcoin and Ethereum, using fair value accounting.
Accounting January 30, 2023
FAF hasn’t set a firm date for this change to online access to accounting standards, but it’s expected this spring.
Accounting December 21, 2022
The ASU extends the period time for financial statement preparers to use the reference rate reform relief guidance.