On February 25, 2016, the Financial Accounting Standards Board issued Accounting Standards Update No. 2016-02, Leases (Topic 842), to increase transparency and comparability while inviting comments due September 12, 2018. read more

AUG 21, 2018 - 6:12 am

FASB issued an Accounting Standards Update that reduces costs and eases implementation of the leases standard for financial statement preparers. read more

JUL 31, 2018 - 6:40 am

A survey from Robert Half and Protiviti found only 44% of companies have begun the transition to adopt the Financial Accounting Standards Board's new lease accounting standard. read more

MAY 25, 2018 - 6:35 am

According to a KPMG survey, only 15% of companies have completed their implementations in preparation for the looming deadline for compliance with the FASB lease accounting standards. read more

FEB 21, 2018 - 7:31 am

Lawrence W. Smith, former board member of the FASB, will join FTI Consulting’s SEC & Accounting Advisory Services practice within its Forensic & Litigation Consulting segment as a senior managing director. read more

JUL 18, 2017 - 6:17 am

The Sustainability Accounting Standards Board announced it elected Robert Herz to SASB's board of directors. Herz formerly served as the chairman of the Financial Accounting Standards Board and was one of the original members of the International Accounting Standards Board. read more

OCT 22, 2014 - 7:17 am