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Accounting Standards

Why Your WISP Is Essential in 2026 – Accounting Technology Lab Podcast – August 2026

Accounting Technology Lab Podcast August 21, 2026 

Why Your WISP Is Essential in 2026 – Accounting Technology Lab Podcast – August 2026

Randy and Brian explain why a written information security plan is no longer a compliance document that can sit on a shelf.

Brian Tankersley, Randy Johnston

Featured Articles

August 18, 2026  

Hillary Salo Tapped as Next FASB Chair

August 18, 2026  

FASB Proposal Could Shape How Stablecoins Are Classified as Cash Equivalents

July 1, 2026  

Investment Company Fair Value Reporting is the Subject of Latest FASB Proposed ASU

June 17, 2026  

FASB Sets Out to Improve Hedge Accounting Guidance

June 10, 2026  

FASB Aims to Improve Guidance on Market-Return Cash Balance Plans
New GASB Members Named

Accounting Standards November 25, 2024 

New GASB Members Named

The Financial Accounting Foundation's Board of Trustees has appointed Robert W. Scott and Dianne E. Ray to the GASB board.

Isaac M. O'Bannon

FASB Looks to Add New Guidance on How Businesses Account For Government Grants

Accounting November 19, 2024 

FASB Looks to Add New Guidance on How Businesses Account For Government Grants

The proposal would establish rules on the recognition, measurement, and presentation of a government grant received by a business.

Jason Bramwell

FASB Seeks Comment on Financial KPIs

Accounting November 14, 2024 

FASB Seeks Comment on Financial KPIs

An invitation to comment was issued on Nov. 14 as part of the FASB's research project on financial KPIs for business entities.

Jason Bramwell

FASB Rolls Out Plan to Improve Interim Reporting Guidance

Accounting November 13, 2024 

FASB Rolls Out Plan to Improve Interim Reporting Guidance

A proposal issued on Nov. 13 is intended to provide stakeholders some clarity on the current interim reporting requirements.

Jason Bramwell

Federal Judges Say Google Lied and Cheated in Monopoly Cases

Accounting Standards November 11, 2024 

Federal Judges Say Google Lied and Cheated in Monopoly Cases

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.

Archived Webcast – S Corporation vs. LLC: Similarities and Differences

Accounting November 21, 2024  Sponsored

Archived Webcast – S Corporation vs. LLC: Similarities and Differences

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.

FASB Adds Standard on Income Statement Expenses

Accounting November 4, 2024 

FASB Adds Standard on Income Statement Expenses

The FASB listened to investor requests by requiring public companies to disclose more information about certain expenses.

Jason Bramwell

FASB Proposal Aims to Clarify Guidance on Accounting Acquirer in Business Combinations

Accounting Standards October 31, 2024 

FASB Proposal Aims to Clarify Guidance on Accounting Acquirer in Business Combinations

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.

Isaac M. O'Bannon

FASB Tackles Plans to Update Software Cost Accounting Guidance

Accounting October 29, 2024 

FASB Tackles Plans to Update Software Cost Accounting Guidance

The updated rules would enhance the transparency of an entity's cash flows related to internal-use software costs, the FASB says.

Jason Bramwell

Withum’s New Outsourcing Service Streamlines Compliance with European Corporate Sustainability Reporting Directive

Financial Reporting October 18, 2024 

Withum’s New Outsourcing Service Streamlines Compliance with European Corporate Sustainability Reporting Directive

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.

Isaac M. O'Bannon

GASB Issues Guidance on Disclosure of Certain Capital Assets

Accounting Standards October 17, 2024 

GASB Issues Guidance on Disclosure of Certain Capital Assets

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.

Isaac M. O'Bannon

GASB Asks For Input on Infrastructure Assets Proposals

Accounting October 11, 2024 

GASB Asks For Input on Infrastructure Assets Proposals

Several proposals on the accounting for infrastructure assets are on the table to review and provide feedback.

Jason Bramwell

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