FASB News Effective Date for Insurance Accounting Amendments still 2021 Despite the complaints of U.S. insurance companies that they will not be ready to meet…
CPAJ News Briefs
FASB/AICPA News
FASB News EITF Effort to Clarify Business Combinations Guidance Delayed FASB’s Emerging Issues Task Force (EITF) recently determined that it needs to further revise a…
CPAJ News Briefs
FASB/IASB News
FASB News Minor Technical Corrections Published for Lease Standard FASB has published an update to U.S. GAAP with 16 technical corrections for its much-watched lease…
CPAJ News Briefs
FASB/GASB/SEC News
FASB News Effort to Refine U.S. GAAP’s Definition of a ‘Liability’ Continues. FASB’s latest effort to update its Conceptual Framework is focusing on the building…
CPAJ News Briefs
FASB/IASB News
FASB News Quarterly Disclosure Project to Resume After a more than three-year hiatus, FASB resolved at its July 11 meeting to resume its project to…
CPAJ News Briefs
FASB News
FASB News Effort to Refine U.S. GAAP Definition of a Liability Continues FASB’s latest effort to update its Conceptual Framework is focusing on financial statement…
CPAJ News Briefs
FASB/IASB News
FASB News FASB Clarifies Accounting Guidance for Contributions FASB has updated U.S. GAAP to determine when a contribution to a not-for-profit organization should be accounted…
CPAJ News Briefs
FASB/IASB/PCAOB
FASB News Proposed Amendments for Collaborative Arrangements Leave Many Questions Unanswered Some financial reporting professionals doubt that a recent FASB proposal will solve the accounting…
CPAJ News Briefs
FASB/PCAOB News
FASB News Disclosure Framework Slated for September Publication FASB’s planned concepts statement aimed at improving how the board writes disclosure requirements for U.S. GAAP is…
CPAJ News Briefs
FASB/AICPA News
FASB News Final Version of Disclosure Framework Amendments Slated for Mid-Year In the coming months, FASB plans to publish the guide it first proposed more…
CPAJ News Briefs
FASB/IASB News
FASB News Disclosure Framework Nears Completion FASB is close to finalizing a guide to help it write consistent, effective footnote disclosure requirements in new accounting…
CPAJ News Briefs
FASB/IASB/PCAOB News
FASB News Meeting with Healthcare Professionals to Address Issues, Trends FASB is scheduled to meet with the Healthcare Financial Management Association’s Principles and Practices Board…
CPAJ News Briefs
FASB/IASB/AICPA
FASB News Research for Performance Reporting Project Continues As FASB develops an outline for its project on performance reporting, the board wants its staff to…
CPAJ News Briefs
ASB/AICPA/IASB News
ASB News Much Work Remains for Lease Standard’s Implementation As the 2019 effective date of FASB’s new lease accounting standard looms, many public companies are…
CPAJ News Briefs
FASB/IASB News
FASB News Disclosure Framework Project Nears Completion At its March 21 meeting, FASB weighed the external comments on the draft of the final version of…
CPAJ News Briefs
FASB/AICPA/PCAOB News
FASB News Proposal to Allow Greater Capitalization of Cloud Computing Costs FASB has released a proposed amendment to U.S. GAAP for public comment to clarify…
CPAJ News Briefs
FASB/IASB/PCAOB News
FASB News Comment Letters Back Simplified Transition to Lease Standard Companies, audit firms, and professional groups expressed approval of FASB’s proposed easing of the transition…