The FASB issued a proposed Accounting Standards Update (ASU) that would extend the period of time preparers can utilize the reference rate reform relief guidance and expand the SOFR-based interest rates available as benchmark interest rates. read more

APR 21, 2022 - 7:34 am

The Financial Accounting Standards Board issued an Accounting Standards Update that provides temporary optional guidance to ease the potential burden in accounting for reference rate reform. read more

MAR 13, 2020 - 6:50 am

The FASB issued an Accounting Standards Update that makes narrow-scope improvements to various aspects of the financial instruments guidance. read more

MAR 10, 2020 - 5:25 am

The FASB issued an accounting standards update that clarified the interaction between accounting standards related to equity securities, equity method investments, and certain derivatives. read more

JAN 21, 2020 - 6:25 am

The FASB issued an ASU that addresses issues raised by stakeholders during the implementation of an Accounting Standards Update regarding the measurement of credit losses on financial instruments. read more

NOV 27, 2019 - 6:15 am

The FASB issued two ASUs that finalize various effective date delays for standards on current expected credit losses, leases, hedging and long-duration insurance contracts. read more

NOV 18, 2019 - 6:50 am

The FASB issued a proposed accounting standards update that would provide temporary optional guidance in accounting for, or recognizing the effects of, reference rate reform on financial reporting. read more

SEP 6, 2019 - 6:25 am

The FASB is seeking public comments on a proposal that would grant certain private companies and organizations more time to implement FASB standards on current expected credit losses, leases and hedging. read more

AUG 16, 2019 - 6:25 am

The FASB issued an Accounting Standards Update that addresses two lessor implementation issues and clarifies that lessees and lessors are exempt from a certain interim disclosure requirement associated with adopting the new leases standard. read more

MAR 7, 2019 - 6:50 am