The Financial Accounting Standards Board issued an accounting standards update that requires businesses to disclose, in notes to their financial statements, information about certain types of government assistance they receive. read more

NOV 18, 2021 - 6:32 am

The Financial Accounting Standards Board appointed James Rotherham to its small business advisory committee. Rotherham is an audit partner with Baker Tilly in San Diego. read more

NOV 6, 2020 - 7:16 am

The Financial Accounting Standards Board and the Accounting Standards Board of Japan held a meeting on Oct. 26 and Oct. 27. The meeting was the 28th in a series of biannual meetings to further the two organizations’ cooperative efforts to develop global accounting standards. read more

OCT 29, 2020 - 7:02 am

The Financial Accounting Standards Board issued a proposed accounting standards update intended to improve three areas of the leases guidance. Stakeholders are encouraged to review and provide comments on the proposed changes by Dec. 4. read more

OCT 21, 2020 - 7:45 am

The Financial Accounting Standards Board launched its new post-implementation review (PIR) web portal. The PIR process is a quality control mechanism built into FASB’s standard-setting process that begins after a standard is issued. read more

AUG 12, 2020 - 7:15 am

The Financial Accounting Standards Board rescheduled the date of its public roundtable discussion on the implementation of its accounting standard on leases. The virtual roundtable will take place on Friday, Sept. 18, 2020, in two sessions. read more

JUL 24, 2020 - 7:14 am

The Board of Trustees of the Financial Accounting Foundation appointed Richard R. Jones as the next chair of the Financial Accounting Standards Board. read more

DEC 20, 2019 - 5:45 am