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.

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

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 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 ...

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

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 guidance is intended to improve and clarify current guidance as opposed to fundamentally changing the nature of guidance in FASB ASC Topic 270, Interim Reporting.