Browsing: changes

Law & Policy FASB proposes accounting changes for some cash balance plans  July 1, 2026 For the first time in 20 years, the Financial Accounting Standards Board (FASB) has suggested substantive — though limited — changes to the accounting framework for defined benefit (DB) plans. FASB’s p…

Published July 01, 2026, 2:42 p.m. EDT | Updated July 01, 2026, 2:49 p.m. EDT 1 Min Read The Financial Accounting Standards Board posted a proposed accounting standards update Wednesday that would amend the requirements for how investment companies measure the fair value of an equity security that&#…

Listen to this article in summarized format Loading… × Agencies Mumbai: The latest round of partner promotions has pushed the Indian arms of three of the Big Four accounting firms past a symbolic milestone: Deloitte, PwC and EY each now has more than 1,000 partners, associate partners and executi…

Earlier this month, the High Court of Australiadismissed the Commissioner of Taxation’s appealin Bendel, with the majority of the bench ruling against its take on unpaid present entitlements (UPEs). At the time, the ATO said it welcomed the decision and would consider the implications “as soon a…