Accounting Standards April 9, 2026
GASB Looks to Improve Guidance on Infrastructure Assets
The Governmental Accounting Standards Board on Thursday issued a proposed statement on infrastructure assets that is up for public comment.
Accounting Standards February 26, 2026
GASB Seeks Comments on Updated Guidance for Financial Reporting Model Improvements
The Governmental Accounting Standards Board's proposed Implementation Guide features Q&As on the requirements related to subsidies in Statement No. 103, Financial Reporting Model Improvements.
Accounting Standards December 17, 2025
FASB OKs Improvements to Accounting Standards Codification
The new standard issued on Dec. 17 focuses on updating the FASB Accounting Standards Codification for a variety of topics, including technical corrections, unintended application of the Codification, clarifications, and other improvements.
Accounting Standards December 17, 2025
GASB Provides New Guidance on Reporting of Subsequent Events
The Governmental Accounting Standards Board issued a new standard on Dec. 17 that is designed to improve the financial reporting requirements for subsequent events.
Accounting Standards December 8, 2025
FASB Posts New Standard to Improve Interim Reporting
The Financial Accounting Standards Board issued a new Accounting Standards Update on Dec. 8 that the board said improves the navigability of the required interim reporting disclosures and clarifies when that guidance is applicable.
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.
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.
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."
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.
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.
Accounting September 30, 2025
FASB Issues Standard on Derivatives Scope Refinements
The ASU also clarifies the applicability of Topic 606, Revenue from Contracts with Customers, and its interaction with other Topics (including Topic 815 on derivatives and hedging and Topic 321 on equity securities).
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.