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The Financial Accounting Standards Board (FASB) today announced the availability of the 2026 GAAP Financial Reporting Taxonomy (GRT), the 2026 SEC Reporting Taxonomy (SRT), and the 2026 GAAP Employee Benefit Plan Taxonomy (EBPT).
View MoreThe Financial Accounting Standards Board (FASB) today issued an Accounting Standards Update (ASU) that improves the navigability of the required interim reporting disclosures and clarifies when that guidance is applicable.
View MoreThe Financial Accounting Standards Board (FASB) today published an Accounting Standards Update (ASU) that establishes authoritative guidance on the accounting for government grants received by business entities.
View MoreThe Financial Accounting Standards Board (FASB) today published an Accounting Standards Update (ASU) to clarify and improve hedge accounting guidance.
View MoreThe Financial Accounting Standards Board (FASB) today published an Accounting Standards Update (ASU) that improves the accounting for purchased loans.
View MoreAuditors cannot rely on technology, technology-assisted analysis or digital data blindly.
View MoreAs we move deeper into the digital age, the manual processes that once defined our profession are giving way to data-driven methodologies that promise greater accuracy, efficiency and insight.
View MoreThe Financial Accounting Standards Board (FASB) is looking ahead to what is next as many of its current projects are near the Final Accounting Standards Update (ASU) milestone.
View MoreThe Public Company Accounting Oversight Board (PCAOB) announced today that it is postponing for one year, to December 15, 2026, the effective date for QC 1000, A Firm’s System of Quality Control, and other new and amended PCAOB standards, rules, and forms adopted by the Board on May 13, 2024.
View MoreThe Financial Accounting Standards Board (FASB) today issued an Accounting Standards Update (ASU) that improves guidance on the measurement of credit losses for accounts receivable and contract assets.
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