FASB mulls lease accounting standard change as it moves HQ
Accounting Today
SEPTEMBER 19, 2022
FASB Accounting Government accounting Accounting standards Real estate
accounting standards Related Topics 
67 
Lease liabilities return to pre-pandemic level as companies adjust to accounting standard
Accounting Today
JUNE 7, 2022
FASB Accounting Accounting standards Coronavirus
Join 136,000+
Insiders
Sign Up for our Newsletter
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Trending Sources
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
Governmental Accounting Standards Update: 7/9/19
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
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.
Crypto accounting and decrypting digital assets
Accounting Today
JANUARY 10, 2023
FASB Accounting Cryptocurrency Digital currencies Accounting standards
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.
ISSB roster completed with appointment of vice chair
Accounting Today
AUGUST 31, 2022
Accounting standards ESG IASB
Proposed Accounting Standards Update - In-Kind Contribution Reporting
Katz,Sapper&Miller
FEBRUARY 26, 2020
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 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.
SEC advisory committee recommends revamp of FASB
Accounting Today
SEPTEMBER 24, 2022
FASB Accounting Accounting standards Financial reporting SEC
FASB prepares to launch updated ASC platform
Accounting Today
JULY 21, 2022
FASB Accounting standards Technology
FASB proposes new chapter in Conceptual Framework
Accounting Today
OCTOBER 18, 2022
FASB Accounting Accounting standards
FASB decides to measure digital assets at fair value
Accounting Today
OCTOBER 13, 2022
FASB Accounting Cryptocurrency Accounting standards
Edward Bernard elected chair of FAF
Accounting Today
NOVEMBER 15, 2022
FASB GASB Accounting Accounting standards
IASB proposes leeway for deferred tax accounting under OECD rules
Accounting Today
JANUARY 10, 2023
Corporate taxes Accounting standards International taxes Tax International accounting
FASB tweaks long-duration insurance contract guidance
Accounting Today
DECEMBER 15, 2022
FASB Accounting Accounting standards
The problem with (and cure for) FASB's CECL
Accounting Today
AUGUST 8, 2022
Accounting CECL Accounting standards
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.
Crypto at fair value: Inside FASB's decision
Accounting Today
OCTOBER 13, 2022
FASB Accounting Accounting standards Technology Cryptocurrencies
ISSB defines how it will use 'sustainability'
Accounting Today
DECEMBER 14, 2022
Accounting standards Climate change ESG
GASB proposes implementation guidance on leases, subscription-based tech and more
Accounting Today
NOVEMBER 15, 2022
GASB Accounting Government accounting Accounting standards
FASB reports on investor outreach efforts
Accounting Today
AUGUST 4, 2022
FASB Accounting Investments Accounting standards
FASB proposes to add recognition, derecognition guidance to conceptual framework
Accounting Today
NOVEMBER 22, 2022
FASB Accounting Accounting standards Financial reporting
Companies face tougher net-zero validation requirements
Accounting Today
NOVEMBER 3, 2022
Accounting Climate change Accounting standards ESG EY
PCAOB and FASB ready new standards for overhauled agendas
Accounting Today
NOVEMBER 8, 2022
FASB Accounting standards Audit standards Audit PCAOB
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
IASB chair says crypto standard not a priority
Accounting Today
DECEMBER 13, 2022
Cryptocurrency Accounting standards Technology IASB
FASB proposes changes in accounting for joint ventures
Accounting Today
OCTOBER 27, 2022
FASB Accounting Accounting standards Financial reporting
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.
FASB proposes update for leases under common control
Accounting Today
NOVEMBER 30, 2022
FASB Accounting standards Financial reporting
FASB seeks nominees for Small Biz Advisory Committee
Accounting Today
SEPTEMBER 28, 2022
FASB Accounting Accounting standards
GASB sets guidelines on notes to financial statements
Accounting Today
JULY 7, 2022
Accounting Government accounting Accounting standards
GASB creates going concern task force to deal with financial stresses
Accounting Today
OCTOBER 24, 2022
GASB Accounting Government accounting Accounting standards
Companies unsure of leasing costs and accounting transition
Accounting Today
JULY 25, 2022
FASB Accounting software Accounting Accounting standards
Banks, Businesses Brace For Far-Reaching Accounting Standard Changes
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.
IASB proposes to update IFRS for SMEs
Accounting Today
SEPTEMBER 8, 2022
Accounting Accounting standards International accounting IASB IFRS
UK Tightens Accounting Standards As Corporate Collapses Continue
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.
Let's personalize your content