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

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

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.

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

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

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 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.

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

FASB published a proposed Accounting Standards Update (ASU) that is intended to improve the requirements for identifying the accounting acquirer in FASB ASC Topic 805, Business Combinations. The ASU ...

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 ...

FASB News Proposal Clarifies Interim Reporting Requirements for Companies FASB issued a proposal on November 13 that would ...

FASB News New Guidance to Boost Transparency in Corporate Expense Reporting FASB has issued new guidance aimed at enhancing the transparency and clarity ...