The feedback is expected to improve financial accounting and reporting and aims to provide investors useful information.

The Financial Accounting Standards Board released an update to clarify the interim effective date of its standard on ...

The board wanted to make clear that all public companies must comply with the new expense disclosure requirements in ...

FASB on Monday published an Accounting Standards Update (ASU) that clarifies for non-calendar-year-end entities the interim effective date of ASU No. 2024-03, Income Statement — Reporting ...

Narrower projects could be in store for the accounting-standard setter as some stakeholders want more guidance on hot- button ...

FASB published a proposed Accounting Standards Update (ASU) designed to improve the financial accounting for and disclosure of financial activities related to environmental credits and environmental ...

The US accounting standard-setter’s top priority for 2025 is determining which issues to tackle next based on input from businesses that follow its rules and readers of their financial statements, the ...

IASB News Trustees Reappoint Liu and O’Donovan to Interpretations Committee, Launch Search for New Members The IASB’s ...

MicroStrategy recently wrote to the Financial Accounting Standards Board (FASB), “This disconnect between an entity’s financial statements and the economic reality of its financial condition and ...