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 17, 2025
The FASB Not-for-Profit (NFP) Advisory Committee (the Committee) held its semiannual meeting on Thursday, March 20, 2025. The topics discussed included the following.
Accounting April 17, 2025
The report also includes perspectives from Financial Accounting Foundation leaders, who provide the oversight and accountability that are fundamental to the standard-setting process.
Accounting April 8, 2025
This legislation introduces significant reforms to the CPA licensure process and broadens practice privilege mobility, reflecting Georgia's commitment to a dynamic and accessible accounting profession.
Accounting April 4, 2025
This offering also provides small businesses and their accounting and bookkeeping partners with valuable training, templates and resources to enhance their carbon accounting skills.
Accounting April 1, 2025
The Financial Accounting Standards Board released a staff educational paper that answers questions pertaining to applying revenue recognition guidance about presentation and disclosures to construction contracts that contain retainage or retention provisions.
Accounting March 31, 2025
The Governmental Accounting Standards Board issued a preliminary views document on March 31 regarding proposals associated with accounting and financial reporting for severe financial stress and probable dissolution disclosures.
Accounting Standards March 31, 2025
The revised language clarifies that while not required to be applied, the accountant is not precluded from applying AR-C section 70, in whole or in part.
Accounting March 25, 2025
A quarter of organizations with operations in the EU expressed a high or very high appreciation for strategic opportunities provided by effectively managing climate risks, compared to less than 10% of non-EU firms.
Accounting March 19, 2025
The SEC approved the 2025 GAAP Financial Reporting Taxonomy and two others, while the FASB finalized two additional taxonomies.
Accounting Standards March 18, 2025
Barbara Baldwin currently serves as the executive director of the Council of Internal Auditing for the State Budget and Management Office of the state of North Carolina.
Accounting March 17, 2025
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
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.