Accounting March 19, 2025
SEC OKs 2025 FASB Taxonomies
The SEC approved the 2025 GAAP Financial Reporting Taxonomy and two others, while the FASB finalized two additional taxonomies.
Accounting March 17, 2025
FASB’s Private Company Council Releases First-Ever Annual Report
The PCC, the group that advises the Financial Accounting Standards Board on private company accounting matters, has published its 2024 Annual Report to highlight its accomplishments and activities.
Accounting November 27, 2023
FASB Issues New Rules on Segment Reporting
The guidance will provide investors with additional useful information about a public company's segment expenses, the FASB says.