In March, Congress passed the Coronavirus Aid, Relief and Economic Security (CARES) Act to help stabilize the U.S. economy in the wake of COVID-19. Included in the Act, and little noticed by the ...

Two new FASB concept statements address financial statement elements and factors FASB should consider in developing accounting guidance. Investors want more disaggregated information. Financial ...

The Financial Accounting Standards Board is making plans for its future projects, including digital assets, intangibles, government grants, and accounting for financial instruments with environmental, ...

Due to new standards issued by the Financial Accounting Standards Board (FASB) in late 2022, companies with supply chain financing are now required to comply with additional disclosures intended to ...

The Financial Accounting Standards Board says it is getting lots of technical questions on how to apply the new leasing standard, so the board took the unusual step of offering some informal, ...

NORWALK, Conn.--(BUSINESS WIRE)--When the Financial Accounting Standards Board (FASB) issues a final standard, it means the FASB has concluded that the benefits derived from the standard justify the ...

Discover how the Accounting Principles Board (APB) set foundational accounting standards and influenced today's GAAP under the FASB in the financial reporting world.

Crypto accounting, and the lack of authoritative crypto-specific accounting guidance, has long been an issue for the crypto industry, and accounting professionals seeking to offer advice to internal ...

An equipment sale leaseback of your waste and recycling equipment can be a viable option worth exploring to unlock the equity ...

The Financial Accounting Standards Board is tackling cryptocurrency accounting challenges that have plagued institutional investors for years. Two major digital asset projects on its 2026 technical ...

Effective dates will be delayed for private companies and certain other entities for FASB’s standards on accounting for leases, credit losses, and hedging after a unanimous vote by FASB. A FASB ...