William Isaac and Thomas Vartanian unfortunately conflated two separate issues in their recent commentary about the Financial Accounting Standards Board: (1) FASB’s new standard for banks and other ...

The Financial Accounting Standards Board has voted to add a project to its technical agenda on market-return cash balance ...

Macrina Kgil, CFO of the newly public Figure Technology Solutions, would like to see the FASB update standards to classify stablecoins as cash.

Nearly four years after dropping a years–long project that would have changed goodwill accounting, the FASB is wrestling with ...

FASB issued a new accounting standard Thursday that is designed to help not-for-profits tell their story through their financial statements. Not-for-profit financial statements have been prepared ...

The Financial Accounting Standards Board has appointed Hillary H. Salo, a partner at KPMG, as its new technical director and chair of the Emerging Issues Task Force. She started her accounting career ...

Great news for banks. We’ve decided to establish a self-governing body to create federal common law principles governing corporate conduct. Processing Content Since Congress has never legislated in ...

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 ...

Starting a business is an exciting time. From coming up with the name to window-shopping for office space, it’s the epitome of the American Dream. Well, the rules of that American Dream are changing — ...

Effective dates will be delayed for private companies and certain other entities for FASB’s standards on accounting for leases, credit losses (known as CECL), and hedging after a unanimous vote ...