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.

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 ...

FASB is seeking comment on what the board’s future standard-setting priorities should be. Stakeholders are asked to provide feedback by Sept. 22 to help FASB identify areas where there’s a pervasive ...

Commenting on this, FASB chair, Richard R. Jones said: “The new standard responds to feedback from stakeholders of all backgrounds who indicated that improving the accounting for and disclosure ...

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 ...

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 ...

noted that the FASB’s recent interest in providing more detailed income statement disclosures comes as income statements have become increasingly important for evaluating information-age companies ...