FASB will issue a proposal to provide certain private companies and not-for-profit organizations with an optional, one-year effective date delay of the leases standard. read more

APR 9, 2020 - 6:40 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 Financial Accounting Standards Board appointed six new members to its Not-for-Profit Advisory Committee, effective January 1, 2020. read more

NOV 26, 2019 - 6:08 am

The FASB approved an ASU to provide temporary, optional guidance to ease the potential burden in accounting for, or recognizing the effects of, reference rate reform on financial reporting. read more

NOV 14, 2019 - 6:55 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

The FASB issued a proposal that would reduce costs and ease implementation of the leases standard for financial statement preparers. The proposal would also clarify a specific requirement in the standard related to lessor accounting. read more

AUG 15, 2018 - 7:17 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

The Financial Accounting Standards Board (FASB) issued an update on the new accounting standards intended to improve financial reporting of leasing transactions. read more

FEB 26, 2016 - 6:55 am