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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 Approves New Accounting Rules for Joint Ventures

Accounting August 23, 2023 

FASB Approves New Accounting Rules for Joint Ventures

The ASU, issued by the FASB on Aug. 23, provides specific guidance on the accounting for joint venture formations.

Jason Bramwell

FASB Seeks Public Comment on Proposal to Improve Disclosures around Income Statement Expenses

Accounting August 1, 2023 

FASB Seeks Public Comment on Proposal to Improve Disclosures around Income Statement Expenses

The proposed ASU would require public companies to provide detailed disclosure of specified categories underlying certain expense captions in interim and annual periods.

Isaac M. O'Bannon

IASB Seeks Input for Review of Accounting Standard on Revenue

Accounting June 30, 2023 

IASB Seeks Input for Review of Accounting Standard on Revenue

The accounting standard was developed jointly with the U.S. Financial Accounting Standards Board and came into effect in 2018.

Isaac M. O'Bannon

No Escape: How to Live with the New Lease Accounting Standards

Accounting June 28, 2023 

No Escape: How to Live with the New Lease Accounting Standards

While ASC 842, IFRS 16, and GASB 87 aren’t making anyone’s life easier, there are some exceptions to the rules.

FASB Plans Changes to Acquired Financial Asset Reporting

Accounting June 27, 2023 

FASB Plans Changes to Acquired Financial Asset Reporting

The proposal would eliminate the “double count” that occurs under current expected credit loss (CECL) accounting.

Jason Bramwell

FASB Seeks to Add Guidance on Profits Interest Awards

Accounting May 11, 2023 

FASB Seeks to Add Guidance on Profits Interest Awards

Proposal would help companies determine whether these awards should be accounted for as a share-based payment arrangement.

Jason Bramwell

FASB Updates Rules on Common-Control Leases

Accounting May 2, 2023 

FASB Updates Rules on Common-Control Leases

The guidance pertains to applying the leases standard to related party arrangements between entities under common control.

Jason Bramwell

FAF is Now Allowing You to Tattle on the FASB and GASB

Accounting April 27, 2023 

FAF is Now Allowing You to Tattle on the FASB and GASB

Stakeholders can flag for the Financial Accounting Foundation alleged due-process failures made by the FASB and GASB.

Jason Bramwell

What You Need to Know about GASB 96

Accounting April 26, 2023 

What You Need to Know about GASB 96

The most challenging part could be tracking down exactly which SBITAs your clients are using and under what licensing criteria.

U.S. and Japan Accounting Standard Setters Hold Biannual Meeting

Accounting April 18, 2023 

U.S. and Japan Accounting Standard Setters Hold Biannual Meeting

This was the 32nd in a series of meetings between the FASB and the Accounting Standards Board of Japan.

FASB Issues New Accounting Rules for Investments in Tax Credit Structures

Accounting April 14, 2023 

FASB Issues New Accounting Rules for Investments in Tax Credit Structures

Reporting entities can now elect to account for qualifying tax equity investments using the proportional amortization method.

Jason Bramwell

fasb

Auditing April 11, 2023 

FASB to Host ‘Fireside Chat’ with FASB Chair Rich Jones, and PWC Vice Chair Wes Bricker

The conversation will highlight several interesting topics such as the Financial Data Transparency Act and its potential impact on corporate SEC registrants, the use of ...

Isaac M. O'Bannon

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