FASB mulls lease accounting standard change as it moves HQ
Accounting Today
SEPTEMBER 19, 2022
FASB Accounting Government accounting Accounting standards Real estate
Accounting Today
SEPTEMBER 19, 2022
FASB Accounting Government accounting Accounting standards Real estate
Accounting Today
JUNE 7, 2022
FASB Accounting Accounting standards Coronavirus
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Katz,Sapper&Miller
AUGUST 31, 2020
The Government Accounting Standards Board (GASB) regularly issues GASB Statements to set accounting and financial reporting standards for state and local governments that follow generally accepted accounting principles in the United States (U.S.
Katz,Sapper&Miller
MAY 12, 2020
The Governmental Accounting Standards Board (GASB) regularly issues GASB statements to set accounting and financial reporting standards for state and local governments that follow generally accepted accounting principles in the United States (U.S.
ThomsonReuters
JUNE 6, 2022
When you can flag changes in accounting, auditing, and tax that clients didn’t know about, and help them manage commercial impacts with innovative solutions, then you’re well on your way to gaining their trust. Recent changes in accounting standards. Uncategorized Accounting
Katz,Sapper&Miller
JULY 9, 2019
The Governmental Accounting Standards Board (GASB) has issued Statement No. 91, Conduit Debt Obligations to improve the existing standards by providing a single method for government issuers to report conduit debt obligations and related commitments and to eliminate diversity in practice associated with reporting conduit debt obligations
PYMNTS
JUNE 24, 2019
Financial regulators are considering allowing smaller businesses (SMBs) more time to comply with sweeping changes in lease accounting standards, which experts have said will place a significant burden as organizations work to comply with the requirements. Reports in Accounting Today last week said Financial Accounting Standards Board (FASB) Chairman Russell Golden revealed that it is considering extending the compliance deadline for small and private firms by as much as two years.
Accounting Today
JANUARY 10, 2023
FASB Accounting Cryptocurrency Digital currencies Accounting standards
Katz,Sapper&Miller
APRIL 24, 2019
The Governmental Accounting Standards Board (GASB) regularly issues GASB statements to set accounting and financial reporting standards for state and local governments that follow generally accepted accounting principles in the United States (U.S.
Katz,Sapper&Miller
MARCH 21, 2019
The Governmental Accounting Standards Board (GASB) has issued Statement No. 87, Leases, in an effort to provide information that is more relevant and consistent related to the reporting of leases by governments. Effective for reporting periods after Dec. 15, 2019, this statement requires lessees to recognize a lease liability and a right-to-use asset for all leases regardless of classification.
Accounting Today
AUGUST 31, 2022
Accounting standards ESG IASB
Katz,Sapper&Miller
FEBRUARY 26, 2020
PYMNTS
SEPTEMBER 26, 2019
The Securities and Exchange Board of India will reportedly give non-bank financial companies (NBFCs) two years to adopt and implement changes to accounting standards, the Financial Express reported Wednesday (Sept. The new Indian Accounting Standards (Ind AS) are expected to have a significant impact on NBFCs’ financial management strategies, leading India regulators to defer implementation for these entities, reports said.
PYMNTS
OCTOBER 18, 2019
The Financial Accounting Standards Board (FASB), which establishes accounting standards in the U.S., is offering corporates more time to adopt some revised standards, The Wall Street Journal said on Thursday (Oct. According to reports, the FASB approved a proposal earlier this week to give businesses more time to adopt new standards related to hedging and leases, after voting in July to delay implementation deadlines by between one and three years.
LSLCPAs
DECEMBER 17, 2021
The Financial Accounting Standards Board FASB rejected the Pennsylvania Institute of CPA’s (PICPA) request for a two-year extension of the lease accounting standard’s due date. The lease standard takes effect for nonpublic entities for fiscal years beginning after Dec.
Accounting Today
SEPTEMBER 24, 2022
FASB Accounting Accounting standards Financial reporting SEC
Accounting Today
JULY 21, 2022
FASB Accounting standards Technology
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OCTOBER 18, 2022
FASB Accounting Accounting standards
Accounting Today
OCTOBER 13, 2022
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Accounting Today
NOVEMBER 15, 2022
FASB GASB Accounting Accounting standards
Accounting Today
JANUARY 10, 2023
Corporate taxes Accounting standards International taxes Tax International accounting
Accounting Today
DECEMBER 15, 2022
FASB Accounting Accounting standards
Accounting Today
AUGUST 8, 2022
Accounting CECL Accounting standards
Katz,Sapper&Miller
JULY 18, 2019
On July 17, the Financial Accounting Standards Board (FASB) voted to have its staff prepare an exposure draft to delay the effective dates for accounting standard changes on leases, credit losses, and hedging. The FASB received several requests to provide relief as smaller companies are dealing with the highly challenging implementation of the revenue recognition standard.
Accounting Today
OCTOBER 13, 2022
FASB Accounting Accounting standards Technology Cryptocurrencies
Accounting Today
DECEMBER 14, 2022
Accounting standards Climate change ESG
Accounting Today
NOVEMBER 15, 2022
GASB Accounting Government accounting Accounting standards
Accounting Today
AUGUST 4, 2022
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Accounting Today
NOVEMBER 22, 2022
FASB Accounting Accounting standards Financial reporting
Accounting Today
NOVEMBER 3, 2022
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Accounting Today
NOVEMBER 8, 2022
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Katz,Sapper&Miller
OCTOBER 17, 2019
Yesterday, the Financial Accounting Standards Board (FASB) voted to approve proposals to amend the effective dates for several major Accounting Standards Updates (ASUs). The FASB voted to issue final ASUs to amend the effective dates of the following ASUs
Accounting Today
DECEMBER 13, 2022
Cryptocurrency Accounting standards Technology IASB
Accounting Today
OCTOBER 27, 2022
FASB Accounting Accounting standards Financial reporting
Katz,Sapper&Miller
NOVEMBER 21, 2019
The Financial Accounting Standards Board (FASB) has officially deferred the effective dates of new Accounting Standards Updates (ASUs) related to credit losses, leases, hedging, and long-duration insurance contracts with the issuance of ASU No.
Accounting Today
NOVEMBER 30, 2022
FASB Accounting standards Financial reporting
Accounting Today
SEPTEMBER 28, 2022
FASB Accounting Accounting standards
Accounting Today
JULY 7, 2022
Accounting Government accounting Accounting standards
Accounting Today
OCTOBER 24, 2022
GASB Accounting Government accounting Accounting standards
Accounting Today
JULY 25, 2022
FASB Accounting software Accounting Accounting standards
PYMNTS
OCTOBER 9, 2018
Banks and businesses alike are heading toward the 11th hour of changes in accounting standards, which will have a major impact on how companies report financial metrics and performance. The changes, initiated by the Financial Accounting Standards Board (FASB), will affect the way businesses report on leasing costs, revenue recognition, credit losses, financial assets and liabilities, derivatives and hedging.
Accounting Today
SEPTEMBER 8, 2022
Accounting Accounting standards International accounting IASB IFRS
PYMNTS
OCTOBER 1, 2019
have led the Financial Reporting Council (FRC) to enact more stringent accounting standards, The Guardian reported on Monday (Sept. According to reports, the FRC issued an updated going concern standard, adding “significantly stronger requirements” for U.K. auditors than are currently mandated under international standards. B2B Payments accounting audits B2B corporate accounting FRC investigations News regulation requirements standards U.K.
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