“Modernizing software accounting guidance was a top priority identified by stakeholders during our last agenda consultation,” ...

The targeted new guidance detailing how companies should capitalize certain software costs is effective for annual reporting ...

In part five of this exclusive JofA interview, FASB Chairman Leslie Seidman shares her challenges of prioritizing projects. JofA: What’s been the greatest challenge so far as chairman, and what do you ...

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 has been receiving comments on its proposed accounting standard for crypto assets as it works to impose the first rules ever for how companies should report on ...

Section 529 of the bill states: “None of the funds made available by this Act may be used to review or approve the budget for ...

The Financial Accounting Standards Board posted an accounting standards update to update the guidance on accounting for ...

Revenge of the accounting authorities? FASB is pushing to widen the use of mark-to-market accounting to include loans banks plan to hold until maturity. If the proposal goes through, it could set of a ...

The first U.S. accounting rule specifically for cryptocurrency will say that companies must use a fair-value approach that would demand certain digital assets be measured at what they would trade for ...

In a long-anticipated move, Bloomberg Tax reported that the Financial Accounting Standards Board (FASB) is set to introduce new fair value accounting rules for Bitcoin and other cryptocurrencies.

NEW YORK (MarketWatch) -- The Financial Accounting Standards Board on Thursday added a pension-reform project to its agenda, opening the door for a vast overhaul of the way companies account for the ...

The Financial Accounting Standards Board is moving to permit companies to apply a certain accounting method to more tax-credit investments, enabling them to record similar spending in a consistent way ...