FASB mulls lease accounting standard change as it moves HQ
Accounting Today
SEPTEMBER 19, 2022
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Lease liabilities return to pre-pandemic level as companies adjust to accounting standard
Accounting Today
JUNE 7, 2022
FASB Accounting Accounting standards Coronavirus
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Governmental Accounting Standards Update: 8/31/20
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.
Governmental Accounting Standards Update: 5/12/20
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.
How to keep up to date with accounting standards
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
SEC advisory committee recommends revamp of FASB
Accounting Today
SEPTEMBER 23, 2022
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ISSB roster completed with appointment of vice chair
Accounting Today
AUGUST 31, 2022
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SMBs May Get More Time To Adopt New Accounting Standards
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.
The problem with (and cure for) FASB's CECL
Accounting Today
AUGUST 8, 2022
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FASB prepares to launch updated ASC platform
Accounting Today
JULY 21, 2022
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FASB seeks nominees for Small Biz Advisory Committee
Accounting Today
SEPTEMBER 27, 2022
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FASB releases supplier finance standard
Accounting Today
SEPTEMBER 29, 2022
FASB Accounting Accounting standards Financial reporting
Governmental Accounting Standards Update: 4/24/19
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.
Governmental Accounting Standards Update: 3/21/19
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.
FASB reports on investor outreach efforts
Accounting Today
AUGUST 4, 2022
FASB Accounting Investments Accounting standards
IASB proposes to update IFRS for SMEs
Accounting Today
SEPTEMBER 8, 2022
Accounting Accounting standards International accounting IASB IFRS
Proposed Accounting Standards Update - In-Kind Contribution Reporting
Katz,Sapper&Miller
FEBRUARY 26, 2020
FASB Votes Against Extending the Lease Accounting Standard Due Date
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.
India Gives NBFCs Two Years To Adopt New Accounting Standards
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.
Firms Offered More Time To Adopt New Accounting Standards
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.
FASB narrows digital asset project to focus on crypto
Accounting Today
AUGUST 31, 2022
FASB Cryptocurrency Blockchain Accounting standards Technology
GASB sets guidelines on notes to financial statements
Accounting Today
JULY 7, 2022
Accounting Government accounting Accounting standards
Tesla’s Bitcoin dump leaves accounting mystery in its wake
Accounting Today
JULY 25, 2022
FASB Accounting Tesla Accounting standards AICPA Bitcoin
Companies unsure of leasing costs and accounting transition
Accounting Today
JULY 25, 2022
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Why are pension disclosures in government financial statements up to 30 months old?
Accounting Today
JULY 28, 2022
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FASB adds ESG project to agenda
Accounting Today
MAY 31, 2022
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Keep an eye out for 'bargain purchases' in the energy industry
Accounting Today
AUGUST 31, 2022
Accounting Accounting standards M&A Energy industry
FASB Proposes Delays on Accounting Standard Changes
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.
FASAB proposes changes in federal lease accounting
Accounting Today
MAY 9, 2022
Accounting Government accounting Accounting standards
FASB proposes changes in insurance standard transition rules
Accounting Today
JULY 15, 2022
FASB Accounting Accounting standards Financial reporting Insurance
FASB plans new standards
Accounting Today
JUNE 2, 2022
FASB Accounting Cryptocurrency Accounting standards ESG
GASB issues guidance on accounting for compensated absences
Accounting Today
JUNE 16, 2022
GASB Accounting Government accounting Accounting standards
ESG reporting standards are coming, but are your clients ready?
Accounting Today
AUGUST 30, 2022
Accounting Thomson Reuters Accounting standards ESG IFRS
FASB proposes tax credit investment standard
Accounting Today
AUGUST 22, 2022
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IFRS Foundation clarifies plans for SASB standards, integrated reporting
Accounting Today
MAY 25, 2022
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FASB pauses goodwill accounting project
Accounting Today
JUNE 16, 2022
FASB Accounting Accounting standards Financial reporting
Academics at odds with IFRS Foundation trustees on sustainability reporting
Accounting Today
MAY 24, 2022
Accounting Accounting standards ESG International accounting IFRS
GASB proposes standard for gov't risk disclosures
Accounting Today
JUNE 30, 2022
GASB Accounting Government accounting Accounting standards
FASB reports on agenda consultation
Accounting Today
JUNE 29, 2022
FASB Accounting Accounting standards Financial reporting
FASB releases fair value guidance standard for equity securities
Accounting Today
JUNE 30, 2022
FASB Accounting Investments Accounting standards Financial reporting
FASB Votes to Delay Effective Date for Major Accounting Standards
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
FASAB forming task force on climate reporting
Accounting Today
JULY 21, 2022
Accounting Government accounting Accounting standards Climate change ESG
FASB Formally Delays Effective Dates for Major Accounting Standards
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.
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