The Financial Accounting Standards Board released an update to improve the requirements for identifying the accounting ...

The update revises existing guidance for determining the accounting acquirer in transactions primarily involving the exchange ...

The changes deal with the intersection of the requirements of FASB's revenue recognition and stock compensation standards.

The Accounting Standards Update addresses share-based consideration payable to a customer in conjunction with selling goods ...

The GAAP update will affect how companies account for share-based financial instruments such as warrants that they grant to ...

The proposal, based on a recommendation by the Emerging Issues Task Force (EITF), is open for review until 30 May 2025.

Gupta has been contributing to FinREC since May 2022 and is also a member of the AICPA's Digital Assets Working Group.

The Senators said the tax rule would leave U.S. firms at a disadvantage to foreign competitors and urged Treasury to “act ...

Businesses including Bank of America Corp. and Big Four audit firms told the US accounting standards board to hold off on ...

which started off by commending the FASB for offering “much needed and helpful industry-specific” accounting guidance, that will promote “enhanced financial reporting clarity and consistency.” ...