The FASB has completed its post-implementation review of the leases standard, revealing both successes and unexpected costs. While investors are getting more useful information, the initial and ongoing costs were higher than anticipated.

The IFRS Foundation is on the lookout for a new Managing Director as Michel Madelain prepares to wrap up his term in 2026. The chosen candidate will steer the Foundation's ongoing transformation and operational strategy.

The FASB Not-for-Profit Advisory Committee met to discuss emerging financial reporting issues, prioritizing topics like enhancing disclosures and rethinking cash equivalents. Key updates on standard-setting projects were also highlighted.

The International Accounting Standards Board (IASB) joined forces with Accounting Horizons and Paderborn University to host a groundbreaking Research Forum in Germany, spotlighting the future of accounting standards.

Catherine Shakespeare, a top accounting academic, has been appointed to the FASB. She'll bring over 30 years of experience to the board, starting July 2026.

The SEC's Division of Examinations just dropped its 2026 priorities, aiming to boost transparency and compliance. Get ready for a deep dive into fiduciary duties and new rules!

SEC's powerhouse Deputy Director Antonia M. Apps is wrapping up her tenure. After steering the ship to record-breaking heights, she's moving on to new adventures.

The Financial Accounting Standards Advisory Council (FASAC) had a bustling meeting covering a plethora of financial reporting topics. From the equity method of accounting to the impacts of technology on standard setting, there was no shortage of insights and debates.

The IASB just dropped some amendments to help companies better translate financial info when dealing with hyperinflationary currencies. This aims to cut down on confusion and make reporting clearer.

The FASB has issued new guidance to simplify the accounting for purchased loans, aiming to enhance comparability and consistency while reducing complexity for stakeholders.