Browsing: FASB

The proposal would, among other things, reduce diversity in practice by clarifying when payments should be accounted for as consideration payable to a customer under the revenue recognition standard.

Add preferred source A proposed change to U.S. accounting rules could allow companies to classify certain stablecoins as cash equivalents on their balance sheets, removing a key barrier to corporate adoption. Tempo, a Stripe-backed blockchain startup, argues the FASB draft guidance would require firms to hold direct redemption rights with stablecoin issuers, meaning tokens purchased…

The proposed ASU would require the effects of recapture to be included when measuring the fair value of residential MSRs – eliminating diversity in practice and improving comparability.

The Financial Accounting Standards Board (FASB) recently issued Accounting Standards Update (ASU) 2026-03, Fair Value Measurement (Topic 820): Investment Companies with Equity Securities Subject to Contractual Sale Restrictions. The ASU creates a narrow exception to Topic 820’s fair value guidance that applies only to investment companies within the scope of Topic 946. The new guidance…

The Financial Accounting Standards Board issued a proposed Accounting Standards Update on Wednesday aimed at improving accounting guidance for residential mortgage servicing rights.

The Financial Accounting Standards Board says the new standard improves how investment companies, such as mutual funds, measure the fair value of an equity security that’s subject to a contractual sale restriction.

Change in financial reporting has maintained a steady pace. The second quarter of 2026 brought meaningful insights into employee benefit plans (EBPs), a first-of-its-kind FASB standard, and a set of SEC proposals that could reshape how public companies report and when they need an internal control audit. This article outlines what’s happening and what it…

The US Financial Accounting Standards Board (FASB) has published a proposal to allow companies to classify certain stablecoin holdings as cash equivalents. This could help encourage corporate treasury usage of stablecoins given their status has been unclear. To classify stablecoins as cash equivalents, the holder will need a direct relationship with the stablecoin issuer and…

The Financial Accounting Foundationannouncedthat Hillary H. Salo will become the next chair of the Financial Accounting Standards Board (FASB), effective July 1, 2027. Salo, who currently serves as FASB’s vice chair, will lead the organization through June 30, 2034.

Add to Google Preferred Sources The U.S. Financial Accounting Standards Board (FASB) on August 18 released a draft accounting standard update that would allow stablecoins meeting certain criteria to be classified as “cash equivalents.” Eligible stablecoins must hold liquid reserve assets at least equal to the circulating token supply, publicly disclose reserve composition annually, and…