Under Accounting Standards Update 2023-09, companies must detail much more information on the income taxes they pay than was ...

The documents that comprise the taxonomies can be accessed via FASB’s taxonomies webpage or individually at the following ...

The new standard marks the 11th accounting standards update issued by the FASB this year, up from four for the full 2024 and ...

The December A&A Focus webcast reviewed FASB ASUs becoming effective for calendar year-end engagements and looked forward to 2026, delivered practical insights on determining lease terms under FASB ...

The Financial Accounting Foundation's board of trustees appointed 13 new members to the Financial Accounting Standards Advisory Council.

Forbes contributors publish independent expert analyses and insights. I am the Kester and Brynes Professor at Columbia Business School and a Chazen Senior Scholar at the Jerome A. Chazen Institute for ...

The Financial Accounting Standards Board released an accounting standards update to improve its codification of standards on different topics.

The Financial Accounting Standards Board (FASB) is reportedly considering establishing rules for cryptocurrency asset transfers to enhance financial reporting and provide clarity in the space. Notably ...

This story was originally published on CFO Dive. To receive daily news and insights, subscribe to our free daily CFO Dive newsletter. Nearly 10 years after issuing its lease accounting standards, the ...

In 1973, the Financial Accounting Standards Board was established to develop a set of financial accounting standards known as generally accepted accounting principals for the private sector. GAAP ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Ryan Eichler holds a B.S.B.A with a ...