Accounting April 13, 2026
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.
April 9, 2026
March 16, 2026
January 14, 2026
Accounting Standards November 25, 2024
The proposed ASU is aimed at public business entities that do not have an annual reporting period that ends on Dec. 31.
Accounting Standards November 25, 2024
The Financial Accounting Foundation's Board of Trustees has appointed Robert W. Scott and Dianne E. Ray to the GASB board.
Accounting November 19, 2024
The proposal would establish rules on the recognition, measurement, and presentation of a government grant received by a business.
Accounting November 14, 2024
An invitation to comment was issued on Nov. 14 as part of the FASB's research project on financial KPIs for business entities.
Accounting November 13, 2024
A proposal issued on Nov. 13 is intended to provide stakeholders some clarity on the current interim reporting requirements.
Accounting Standards November 11, 2024
The tactics led a Virginia federal court judge to conclude that an “awful lot of evidence has likely been destroyed,” and provoked a San Francisco federal court judge to criticize Google for lying to the court and deliberately hiding evidence from opponents.
Accounting November 21, 2024 Sponsored
While S Corporations and Limited Liability Companies (LLCs) are similar because they provide liability protection for business owners and allow for pass-through tax treatment, there are many differences as to how they are operated, complied with, and taxed.
Accounting November 4, 2024
The FASB listened to investor requests by requiring public companies to disclose more information about certain expenses.
Accounting Standards October 31, 2024
The determination of the accounting acquirer can significantly affect the carrying amounts of the combined entity’s assets and liabilities, which can affect the combined entity’s post-transaction net income.
Accounting October 29, 2024
The updated rules would enhance the transparency of an entity's cash flows related to internal-use software costs, the FASB says.
Financial Reporting October 18, 2024
According to the professionals in Withum’s Sustainability and ESG Practice, approximately 50,000 companies worldwide are required to report detailed sustainability performance in compliance with ESRS.
Accounting Standards October 17, 2024
The Governmental Accounting Standards Board (GASB) has issued guidance that establishes requirements for certain types of capital assets to be disclosed separately for purposes of note disclosures.