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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
AICPA News – January 2025

Accounting January 21, 2025 

AICPA News – January 2025

AICPA News is a round-up of recent announcements and alerts from the American Institute of CPAs and the Chartered Institute of Management Accountants.

Mary Girsch-Bock

FAF Looks to Fill Key Leadership, Advisory Roles

Accounting January 9, 2025 

FAF Looks to Fill Key Leadership, Advisory Roles

The open positions include chair and members of the Financial Accounting Foundation board of trustees, FAF executive director, a Financial Accounting Standards Board member, and chair of the Financial Accounting Standards Advisory Council.

Jason Bramwell

Caseware Acquires SaaS Solutions Provider LeaseJava

Technology January 7, 2025 

Caseware Acquires SaaS Solutions Provider LeaseJava

This is Caseware’s eighth acquisition since Hg Capital acquired majority ownership of the Toronto-based company in late 2020.

Jason Bramwell

FASB Clarifies Interim Effective Date of New Disaggregation Standard for Some Companies

Accounting Standards January 6, 2025 

FASB Clarifies Interim Effective Date of New Disaggregation Standard for Some Companies

The Accounting Standards Update clears up confusion on the interim effective date of FASB's new disaggregation of income statement expenses standard for public business entities that don't have an annual reporting period ending on Dec. 31.

Jason Bramwell

FASB Seeks Input on Future Standard-Setting Agenda Priorities

Accounting Standards January 3, 2025 

FASB Seeks Input on Future Standard-Setting Agenda Priorities

The Financial Accounting Standards Board published an invitation to comment on Jan. 3 that gives stakeholders the opportunity to provide feedback on the board's future standard-setting agenda.

Jason Bramwell

FASB Invites Comments on Intangibles

Accounting Standards December 23, 2024 

FASB Invites Comments on Intangibles

The invitation to comment is intended to explore ways the FASB can improve this area of financial reporting, which includes the accounting for acquired and internally developed intangibles.

Jason Bramwell

wind-energy11

Accounting Standards December 22, 2024 

IASB Updates Accounting Standards for Nature-Dependent Electricity Contracts

Nature-dependent electricity contracts help companies to secure their electricity supply from sources such as wind and solar power.

Isaac M. O'Bannon

FASB Looks to Make Improvements to the Accounting for Environmental Credits and Environmental Credit Obligations

Accounting Standards December 17, 2024 

FASB Looks to Make Improvements to the Accounting for Environmental Credits and Environmental Credit Obligations

The proposed ASU provides recognition, measurement, presentation, and disclosure requirements for all entities that purchase or hold environmental credits or have a regulatory compliance obligation that may be settled with environmental credits.

Jason Bramwell

FASB Taxonomies for 2025 Are Now Available

Accounting December 17, 2024 

FASB Taxonomies for 2025 Are Now Available

The Financial Accounting Standards Board released the 2025 GAAP Financial Reporting Taxonomy, which contains updates for accounting standards, and four other taxonomies on Dec. 16.

Jason Bramwell

Financial Accounting Foundation Appoints Private Company Council Member

Accounting December 5, 2024 

Financial Accounting Foundation Appoints Private Company Council Member

Hindman’s term will begin January 1, 2025, and conclude on December 31, 2027, when she will be eligible for consideration for reappointment to another three-year term.

Isaac M. O'Bannon

FASB Targets Credit Losses for Accounts Receivable, Contract Assets in Proposed ASU

Accounting Standards December 3, 2024 

FASB Targets Credit Losses for Accounts Receivable, Contract Assets in Proposed ASU

The proposal addresses challenges with applying CECL to current AR and contract assets arising from revenue transactions.

Jason Bramwell

FASB Issues Standard on Induced Conversions of Convertible Debt Instruments

Accounting Standards November 26, 2024 

FASB Issues Standard on Induced Conversions of Convertible Debt Instruments

The amendments in the ASU clarify requirements for determining whether certain settlements of convertible debt instruments, including convertible debt instruments with ...

Isaac M. O'Bannon

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