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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 Adds Guidance to GAAP on Accounting for Government Grants by Businesses

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.

Jason Bramwell

FASB Releases New Standard Clarifying Certain Aspects of Hedge Accounting Guidance

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.

Jason Bramwell

FASB Says Certain Costs of Leases Standard Were Significantly Higher Than Expected

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."

Jason Bramwell

FASB Updates Accounting Guidance for Purchased Loans

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.

Jason Bramwell

Washington State Adopts Alternate Pathway to CPA Credential

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.

Isaac M. O'Bannon

IFRS Foundation Publishes IFRS for SMEs Educational Model 12

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.

FASB Aims to Update Guidance on Paid-in-Kind Dividends

Accounting September 30, 2025 

FASB Aims to Update Guidance on Paid-in-Kind Dividends

The Financial Accounting Standards Board is seeking comments on a proposed Accounting Standards Update that would provide guidance on how an issuer should initially measure paid-in-kind dividends on equity-classified preferred stock.

Jason Bramwell

More Governments Worldwide Are Slowly Shifting From Cash to Accrual Accounting

Accounting September 26, 2025 

More Governments Worldwide Are Slowly Shifting From Cash to Accrual Accounting

A new report from the International Federation of Accountants and the Chartered Institute of Public Finance and Accountancy captures current and future use of public financial reporting approaches by governments worldwide.

Jason Bramwell

Inside the Client Experience

Accounting September 18, 2025  Sponsored

Inside the Client Experience

The Inside the Client Experience Report uncovers what clients really experience during accounting engagements.

FASB Issues Standard to Improve Internal-Use Software Guidance

Accounting Standards September 18, 2025 

FASB Issues Standard to Improve Internal-Use Software Guidance

“The new ASU addresses changes in software development methods, increasing the operability of the recognition guidance for improved financial reporting," FASB Chair Richard Jones said.

Isaac M. O'Bannon

NASBA and AICPA Propose Revisions to CPE Standards, Release Exposure Draft

Accounting September 17, 2025 

NASBA and AICPA Propose Revisions to CPE Standards, Release Exposure Draft

The proposed revisions are designed to address emerging learning methods, further clarify credit-awarding mechanisms, and ensure continuing professional education remains relevan ...

Isaac M. O'Bannon

Avalara Partners with the University of Oxford to Shine Light on Sustainability Data

Accounting September 8, 2025 

Avalara Partners with the University of Oxford to Shine Light on Sustainability Data

The project aims to empower customers to build a database that not only provides greater control and insight into their business operations, but also allows a company to prove the data is truthful to third parties.

Isaac M. O'Bannon

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