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FASB Issues New Segment Reporting Guidance

November 27, 2023 The Financial Accounting Standards Board recently issued a final Accounting Standards Update intended to improve disclosures about a public entity’s reportable segments and address requests from investors and other allocators of capital for additional, more detailed information about a reportable segment’s expenses.

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Implementing AI in Financial Audits

November 15, 2023 As we navigate an environment with rapidly changing technological advancements, the audit world will need to integrate artificial intelligence (AI) into its approach to enhance accuracy, efficiency and insight.

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FASB Approves Cryptoassets Standard

September 7, 2023 The FASB recently voted to issue a cryptoassets standard requiring entities to report on fungible crypto holdings using the fair value measurement standard.

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