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 Standards January 9, 2024
The standards provide internal audit principles, requirements, and considerations for implementation in a streamlined format.
Accounting January 5, 2024
The Financial Accounting Standards Board (FASB) has appointed six new members to its Not-for-Profit Advisory Committee (NAC), effective January 1, 2024.
Accounting Standards January 4, 2024
The global consulting and accountancy firm Grant Thornton has issued a statement in support of a standard for global climate reporting.
Accounting January 2, 2024
AICPA News is a recap of recent announcements from the American Institute of CPAs.
Accounting December 27, 2023
About 138,000 AICPA members advise individual, family and business owner clients on personal financial planning matters.
Accounting Standards December 22, 2023
The Conceptual Framework is a body of interrelated objectives and fundamentals that provides the FASB with a useful tool as it sets standards.
Accounting Standards December 20, 2023
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).
Accounting December 19, 2023
The proposed rules issued by the FASB on Dec. 19 focuses on induced conversions of convertible debt instruments.
Accounting December 19, 2023
Taxonomies on GAAP financial reporting, SEC reporting, and DQC rules were released by the FASB on Dec. 18.
Accounting Standards December 14, 2023
The ASU improves the transparency of income tax disclosures by requiring (1) consistent categories and greater disaggregation of information in the rate reconciliation and...
Accounting Standards December 13, 2023
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.
Accounting November 27, 2023
The guidance will provide investors with additional useful information about a public company's segment expenses, the FASB says.