The Financial Accounting Standards Board says it wants to make a two-year stagger of implementation deadlines standard practice.
Derivatives and hedge accounting, intercompany loans, valuation models — all will be affected by the shift away from Libor.
FASB members voted unanimously to propose moving back the effective date for lease accounting and two other major new accounting standards.
FASB’s invitation to comment on goodwill accounting lays out possible cases for doing away with or improving impairment testing.
FASB should postpone the effective date of the “significant and complex” ASC 842 for a year for private companies, AICPA says.
Not paying close attention to proposed accounting standards and not commenting when there are concerns can have important consequences, experts say.
For multinationals that must prepare financials under both standards, there are comparability challenges and differing nuances to keep in mind.
Banks with large portfolios of consumer loans and high loan-to-asset ratios may take the worst hits, according to S&P Global Ratings.
Here's what you need to know about FASB's new guidance on "collaborative arrangements" between entities.
Here are CFO editors’ picks for the best accounting stories this year.
Many companies still have plenty of work to do to comply with the new lease accounting standard. What’s holding them up?
Tweaks and additions to the FASB conceptual framework deal with the definition of materiality and the appropriate content in notes to financial statements.
