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reportingFASB-NEWS
January 2, 2025 ยท 3 min

๐Ÿ“FASB Wants Your Two Cents on Future Agenda

Got opinions on accounting standards? The FASB wants to hear from you! They're inviting feedback on their future plans, and your input could shape the financial reporting landscape.
reportingFASB-NEWS
December 22, 2024 ยท 2 min

๐Ÿ“ŠFASAC Meeting Recapโ€”December 5, 2024

The Financial Accounting Standards Advisory Council (FASAC) had its quarterly meeting, focusing on Financial KPIs, FASBโ€™s interpretive process, and post-implementation reviews. Key discussions revolved around standardizing KPIs like EBITDA and FCF.
reportingFASB-NEWS
December 18, 2024 ยท 3 min

๐Ÿ“ŠFASB Wants Your Two Cents on Intangibles

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.
reportingFASB-NEWS
December 16, 2024 ยท 3 min

๐ŸŒฟFASB Wants Your Two Cents on Green Accounting

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!
reportingFASB-NEWS
December 15, 2024 ยท 2 min

๐Ÿ“Š2025 FASB Taxonomies Now Available

The FASB just dropped the new 2025 taxonomies, making your financial reporting a bit easier (or tougher, depending on how you look at it).
reportingFASB-NEWS
December 15, 2024 ยท 2 min

๐ŸงฎNew Faces at FASAC: Meet the Six New Members

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.
reportingFASB-NEWS
December 4, 2024 ยท 3 min

๐ŸŒŸFAF Appoints New PCC Member

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.
reportingFASB-NEWS
December 2, 2024 ยท 2 min

๐Ÿ“ŠFASB Wants Your 2 Cents on Credit Loss Proposal

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.
reportingFASB-NEWS
November 25, 2024 ยท 2 min

๐Ÿ“ŠFASB's New Rules on Convertible Debt: What You Need to Know

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.
reportingFASB-NEWS
November 24, 2024 ยท 2 min

๐ŸงพFASB Wants Your Two Cents on New Income Statement Rules

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.