Accounting Standards January 14, 2026
FASB Names New Members to Its Not-for-Profit Advisory Committee
The Financial Accounting Standards Board appointed six new members to its Not-for-Profit Advisory Committee, effective immediately.
Accounting Standards January 14, 2026
FASB Names New Members to Its Not-for-Profit Advisory Committee
The Financial Accounting Standards Board appointed six new members to its Not-for-Profit Advisory Committee, effective immediately.
Accounting December 18, 2025
AI Transformation Opens Door for Finance Professionals to Build Future-Ready Skills
The survey of 1,446 global senior finance and accounting leaders and managers highlights challenges in the organizational readiness for AI.
Accounting Standards December 17, 2025
FASB OKs Improvements to Accounting Standards Codification
The new standard issued on Dec. 17 focuses on updating the FASB Accounting Standards Codification for a variety of topics, including technical corrections, unintended application of the Codification, clarifications, and other improvements.
Accounting Standards December 17, 2025
GASB Provides New Guidance on Reporting of Subsequent Events
The Governmental Accounting Standards Board issued a new standard on Dec. 17 that is designed to improve the financial reporting requirements for subsequent events.
AICPA December 15, 2025
Accounting Organizations Unite Against Administration De-Listing Accounting as Professional Degree
The Department of Education’s recent proposed regulation would exclude accounting programs across the country from a professional degree designation for the purposes of graduate student loan eligibility, which many feel will do great harm to the profession.
Accounting Standards December 8, 2025
FASB Posts New Standard to Improve Interim Reporting
The Financial Accounting Standards Board issued a new Accounting Standards Update on Dec. 8 that the board said improves the navigability of the required interim reporting disclosures and clarifies when that guidance is applicable.
Accounting Standards December 4, 2025
FASB Adds Guidance to GAAP on Accounting for Government Grants by Businesses
A new Accounting Standards Update published by the Financial Accounting Standards Board on Dec. 4 establishes authoritative guidance on the accounting for government grants received by business entities.
Accounting Standards November 25, 2025
FASB Releases New Standard Clarifying Certain Aspects of Hedge Accounting Guidance
The Financial Accounting Standards Board says the ASU published on Nov. 25 also addresses several incremental hedge accounting issues arising from the global reference rate reform initiative.
Accounting November 20, 2025
FASB Says Certain Costs of Leases Standard Were Significantly Higher Than Expected
A post-implementation review report on the standard says that while it achieved its overall objective, the initial costs to implement the lessee requirements along with the ongoing costs to apply those requirements "were significantly higher than the FASB expected at issuance."
Accounting Standards November 13, 2025
FASB Updates Accounting Guidance for Purchased Loans
The Financial Accounting Standards Board issued an update to accounting standards on Nov. 12 that it says improves the accounting for purchased loans.
Accounting October 28, 2025
Washington State Adopts Alternate Pathway to CPA Credential
Earlier this year, the Washington State Board of Accountancy passed a new rule that provide an additional route to a CPA credential.
Accounting Standards October 13, 2025
IFRS Foundation Publishes IFRS for SMEs Educational Model 12
These modules are designed to provide support to anyone learning about, applying or reading financial statements prepared using the IFRS for SMEs Accounting Standard.