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Accounting Standards

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.

Featured Articles

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

April 9, 2026  

GASB Looks to Improve Guidance on Infrastructure Assets

March 16, 2026  

Unlocking Green Finance for SMEs Starts with Better Data

February 26, 2026  

GASB Seeks Comments on Updated Guidance for Financial Reporting Model Improvements
fasb

Accounting Standards April 26, 2024 

FASB Private Company Council Meeting Recap

The Private Company Council (PCC) met on Thursday, April 18, 2024. This is a summary of topics discussed by PCC and FASB members at the meeting.

Isaac M. O'Bannon

Webast: Valuation Considerations in Emerging Markets – July 11, 2024

Accounting Standards July 11, 2024 

Webast: Valuation Considerations in Emerging Markets – July 11, 2024

This webinar will provide attendees with an inside view on performing valuations in emerging markets and how it can vary from developed market valuations in a number of key areas

AICPA Gives FinCEN Recommendations on RIA Regs

Accounting April 17, 2024 

AICPA Gives FinCEN Recommendations on RIA Regs

The AICPA has asked FinCEN to reassess the proposed regulations to ensure that there is an appropriate balance between regulatory objectives and practical realities faced by RIAs.

Isaac M. O'Bannon

ficpa-logo__large[1]

Accounting Standards April 15, 2024 

Florida Creates New Status for Retired CPAs in the State

The legislation allows licensed CPAs who are at least 65 years of age to apply to the Florida Board of Accountancy (BOA) to place their license into retired status.

Isaac M. O'Bannon

CPA Societies Concerned by Push to Implement BOI Reporting

Accounting April 8, 2024 

CPA Societies Concerned by Push to Implement BOI Reporting

The AICPA and state CPA societies are urging FinCEN to suspend all enforcement actions until one year after the conclusion of all court cases related to NSBA v. Yellen.

Isaac M. O'Bannon

FASB Selects 11 Professionals to Sit on Emerging Issues Task Force

Accounting April 8, 2024 

FASB Selects 11 Professionals to Sit on Emerging Issues Task Force

Based on feedback from stakeholders, the FASB recently revised the EITF's membership makeup and operating procedures.

Jason Bramwell

2024 GAAP Taxonomy Approved By SEC

Financial Reporting March 25, 2024 

2024 GAAP Taxonomy Approved By SEC

The SEC has accepted the taxonomies on GAAP financial reporting and SEC reporting, the FASB said on March 19.

Jason Bramwell

New FASB Standard Clarifies Guidance on Profits Interest Awards

Accounting March 21, 2024 

New FASB Standard Clarifies Guidance on Profits Interest Awards

ASU helps companies determine whether these types of awards should be accounted for as share-based payment arrangements.

Jason Bramwell

FASB Taps EY Partner as New Technical Director

Accounting March 21, 2024 

FASB Taps EY Partner as New Technical Director

Jackson Day, who is currently a partner in professional practice at EY, will begin his new role at the FASB this July.

Jason Bramwell

gavel1

Accounting March 12, 2024 

Corporate Transparency Act and BOI Found Unconstitutional by Federal Court

A federal district court in Alabama has found the Corporate Transparency Act, which includes the controversial Beneficial Ownership Information reporting requirements, to be unconstitutional.

Isaac M. O'Bannon

 Institute of Internal Auditors Reviewing SEC’s New Climate Change Disclosure Rule

Accounting March 8, 2024 

Institute of Internal Auditors Reviewing SEC’s New Climate Change Disclosure Rule

The IIA noted the importance of transparency in order to provide confidence to all stakeholders, including the public.

Isaac M. O'Bannon

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Financial Reporting March 6, 2024 

SEC Issues Climate Disclosure Rules

The Securities and Exchange Commission has published new rules to enhance and standardize climate-related disclosures by public companies and in public offerings.

Isaac M. O'Bannon

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