The Financial Accounting Standards Board issued an accounting standards update to address stakeholder concerns about the ...
The Financial Accounting Standards Board voted Wednesday to require companies to tell the public more about the taxes they pay. Starting as early as 2025, companies' financial reports will need to ...
In part five of this exclusive JofA interview, FASB Chairman Leslie Seidman shares her challenges of prioritizing projects. JofA: What’s been the greatest challenge so far as chairman, and what do you ...
The targeted new guidance detailing how companies should capitalize certain software costs is effective for annual reporting ...
“Modernizing software accounting guidance was a top priority identified by stakeholders during our last agenda consultation,” ...
Revenge of the accounting authorities? FASB is pushing to widen the use of mark-to-market accounting to include loans banks plan to hold until maturity. If the proposal goes through, it could set of a ...
The first U.S. accounting rule specifically for cryptocurrency will say that companies must use a fair-value approach that would demand certain digital assets be measured at what they would trade for ...
NEW YORK (MarketWatch) -- The Financial Accounting Standards Board on Thursday added a pension-reform project to its agenda, opening the door for a vast overhaul of the way companies account for the ...
The United States Financial Accounting Standards Board has unanimously approved rules for accounting for the fair value of companies’ cryptocurrency holdings, according to media reports. The rules ...
The Financial Accounting Standards Board has a busy year ahead of it. It will be advancing projects in three tentpole areas—accounting for software costs and environmental credits and greater ...