The Financial Accounting Standards Advisory Council (FASAC) had its quarterly meeting, focusing on Financial KPIs, FASB’s interpretive process, and post-implementation reviews. Key discussions revolved around standardizing KPIs like EBITDA and FCF.

The Financial Accounting Standards Board (FASB) is seeking feedback on how to improve accounting for intangibles. Stakeholders have until May 30, 2025, to share their thoughts.

The Financial Accounting Standards Board (FASB) is calling for public feedback on a new proposal to enhance transparency and uniformity in accounting for environmental credits and obligations. Your thoughts are needed by April 15, 2025!

The FASB just dropped the new 2025 taxonomies, making your financial reporting a bit easier (or tougher, depending on how you look at it).

The Financial Accounting Foundation just shook up the Financial Accounting Standards Advisory Council with six new members. Expect fresh perspectives and a lot of number crunching.

The Financial Accounting Foundation just named Autumn Hindman to the Private Company Council, bringing years of financial expertise and a fresh perspective to the table.

The FASB has a new proposal on the table for measuring credit losses on accounts receivable and contract assets for private companies and not-for-profits. They want your feedback by January 17, 2025.

The FASB has rolled out new guidelines to clarify how companies should handle induced conversions of convertible debt instruments. These changes aim to make accounting practices more consistent and relevant in today's market.

The FASB is looking for public feedback on its proposed clarification for the interim effective date of the new income statement expense disaggregation standard. Public comments are open for 15 days.

The FASB just dropped their post-implementation review on the revenue recognition standard, and the results are in! Turns out, the long-term benefits outweigh the costs, according to most stakeholders.