Browsing: FASB

Under Accounting Standards Update 2023-09, companies must detail much more information on the income taxes they pay than was previously required by GAAP.

Published August 03, 2026, 11:36 a.m. EDT | Updated August 03, 2026, 9:33 p.m. EDT 3 Min Read The Financial Accounting Standards Board decided during a board meeting to add a project on goodwill impairment testing to its technical agenda. Processing Content The project will address the level at whic…

Published July 16, 2026, 5:18 p.m. EDT | Updated July 16, 2026, 11:17 p.m. EDT 18 Min Read Financial Accounting Standards Board chair Richard Jones has plenty on his plate in the final year of his tenure, as FASB prepares a number of new standard-setting projects and faces the likelihood of a new se…

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&#…