Prepared at the direction of the FASB chair, the ITC is part of FASB’s research project on financial KPIs for business ...

The invitation to comment requests input on financial key performance indicators such as EBITDA and free cash flow and how ...

The Financial Accounting Standards Board (FASB) has issued an Accounting Standards Update (ASU) that mandates new expense disclosures for public companies. Published on November 4, this update, which ...

The Financial Accounting Standards Board issued a proposed accounting standards update that aims to improve the navigability of the disclosures that need to be provided for interim reporting periods.

Compliance with the standards update “isn’t going to be cheap” for many firms, but the FASB has taken steps to reduce the ...

FASB to propose delaying effective dates for 4 major standards Effective dates for certain entities for key standards on accounting for leases, credit losses, hedging, and long-duration insurance ...

The new standards require public companies to provide additional information about specific costs and expenses.

The proposed update is set to impact how the carrying amounts of assets and liabilities are determined in a business ...

Currently, companies typically include in their income statements expense captions for selling, general and administrative expenses, cost of ...

This strategic move aligns with the Financial Accounting Standards Board's (FASB) issuance of Accounting Standards Update (ASU) 2023-08, titled“Intangibles-Goodwill and Other-Crypto Assets (Subtopic ...

The pros and cons of corporate stock options have been debated since the incentive was created. Learn more about the basics ...

MicroStrategy recently wrote to the Financial Accounting Standards Board (FASB), “This disconnect between an entity’s financial statements and the economic reality of its financial condition and ...