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Accounting Standards

AICPA News – June 2026

Accounting Standards June 5, 2026 

AICPA News – June 2026

AICPA News is a monthly roundup of recent announcements from the American Institute of CPAs and the Chartered Institute of Management Accountants.

Mary Girsch-Bock

Featured Articles

June 1, 2026  

AICPA Seeks Feedback on Proposed Strategic Plans for Professional Ethics Division and Peer Review Board

May 19, 2026  

FASB Publishes New Environmental Credit Standard

May 5, 2026  

AICPA Urges OCC to Leverage Established Stablecoin Reporting and Controls Criteria in GENIUS Act Rulemaking

April 23, 2026  

FASB OKs New Guidance on Paid-in-Kind Dividends

April 13, 2026  

GASB Mulls Changing Structure for How GAAP is Communicated to State and Local Governments
AICPA News – June 2026

Accounting Standards June 5, 2026 

AICPA News – June 2026

AICPA News is a monthly roundup of recent announcements from the American Institute of CPAs and the Chartered Institute of Management Accountants.

Mary Girsch-Bock

AICPA Seeks Feedback on Proposed Strategic Plans for Professional Ethics Division and Peer Review Board

Accounting June 1, 2026 

AICPA Seeks Feedback on Proposed Strategic Plans for Professional Ethics Division and Peer Review Board

The two bodies play key roles in protecting audit quality and promoting professional integrity and adherence to standards.

Isaac M. O'Bannon

FASB Publishes New Environmental Credit Standard

Accounting Standards May 19, 2026 

FASB Publishes New Environmental Credit Standard

The Financial Accounting Standards Board issued an Accounting Standards Update May 19 intended to improve the financial accounting for and disclosure of activities related to environmental credits and environmental credit obligations.

Jason Bramwell

AICPA Urges OCC to Leverage Established Stablecoin Reporting and Controls Criteria in GENIUS Act Rulemaking

Accounting Standards May 5, 2026 

AICPA Urges OCC to Leverage Established Stablecoin Reporting and Controls Criteria in GENIUS Act Rulemaking

To address growing demand for clarity and consistency in stablecoin reporting, the AICPA released the 2025 Criteria for Stablecoin Reporting in two parts.

FASB OKs New Guidance on Paid-in-Kind Dividends

Accounting Standards April 23, 2026 

FASB OKs New Guidance on Paid-in-Kind Dividends

The Financial Accounting Standards Board issued an Accounting Standards Update on Thursday that explains how an issuer should initially measure paid-in-kind dividends on equity-classified preferred stock. 

Jason Bramwell

GASB Mulls Changing Structure for How GAAP is Communicated to State and Local Governments

Accounting April 13, 2026 

GASB Mulls Changing Structure for How GAAP is Communicated to State and Local Governments

The Governmental Accounting Standards Board is considering a possible change to its structure for communicating GAAP to state and local governments—from its current dual-authority structure to a single-authority approach.

Jason Bramwell

GASB Looks to Improve Guidance on Infrastructure Assets

Accounting Standards April 9, 2026 

GASB Looks to Improve Guidance on Infrastructure Assets

The Governmental Accounting Standards Board on Thursday issued a proposed statement on infrastructure assets that is up for public comment.

Jason Bramwell

Unlocking Green Finance for SMEs Starts with Better Data

Accounting Standards March 16, 2026 

Unlocking Green Finance for SMEs Starts with Better Data

Green finance is expanding rapidly, but the system designed to deliver it is still not working for many of the businesses expected to drive the transition.

GASB Seeks Comments on Updated Guidance for Financial Reporting Model Improvements

Accounting Standards February 26, 2026 

GASB Seeks Comments on Updated Guidance for Financial Reporting Model Improvements

The Governmental Accounting Standards Board's proposed Implementation Guide features Q&As on the requirements related to subsidies in Statement No. 103, Financial Reporting Model Improvements.

Jason Bramwell

FASB Names New Members to Its Not-for-Profit Advisory Committee

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.

Isaac M. O'Bannon

AI Transformation Opens Door for Finance Professionals to Build Future-Ready Skills

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.

FASB OKs Improvements to Accounting Standards Codification

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.

Jason Bramwell

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