Financial Accounting Standards Board

FASB Turns Up the Heat on Goodwill Impairment Testing
M&A

FASB Turns Up the Heat on Goodwill Impairment Testing

The accounting standard setter's apparent lean toward allowing public companies to amortize goodwill ignores key analytical and economic consequences.
By David McCann | February 12, 2020
Read More
Is It Time to Reevaluate the Wisdom of Brand Writedowns?
GAAP and IFRS

Is It Time to Reevaluate the Wisdom of Brand Writedowns?

Accounting rules for intangible assets may cloud CFOs' appreciation of the long-term damage that writing down the value of brands may cause.
By David McCann | January 8, 2020
Read More
3 Considerations for New Cloud Computing Accounting Rules
The Cloud

3 Considerations for New Cloud Computing Accounting Rules

In their next fiscal year companies must begin to capitalize certain costs associated with deploying cloud software.
By David McCann | December 26, 2019
Read More
Navigating Reference Rate Reform
Credit & Capital

Navigating Reference Rate Reform

With Libor’s days numbered, companies should start transitioning immediately to lessen the impact of adopting new reference rates.
By Lauren Muskett | September 12, 2019
Read More
Companies Are Moving Slowly on ASC 842
Risk & Compliance

Companies Are Moving Slowly on ASC 842

Here's a look at issues companies will face in implementing the new lease accounting standard.
By David McCann | April 10, 2019
Read More
The New Accounting for Collaborative Arrangements
Revenue Recognition

The New Accounting for Collaborative Arrangements

Here's what you need to know about FASB's new guidance on "collaborative arrangements" between entities.
By David McCann | March 19, 2019
Read More
Investors on Rev Rec Changes: Who Cares?
Risk & Compliance

Investors on Rev Rec Changes: Who Cares?

The changes to GAAP accounting for revenue recognition won't have a material effect on companies' finances, investors say.
By David McCann | December 13, 2017
Read More
FASB Leasing Tweak Offers ‘Big Relief’
Lease Accounting

FASB Leasing Tweak Offers ‘Big Relief’

Companies wouldn’t have to apply the new standard to 2017 and 2018 leasing results.
By David Katz | December 6, 2017
Read More
Sizing Up the New Hedge Accounting Rules
Corporate Finance

Sizing Up the New Hedge Accounting Rules

Companies should start preparing soon for the changes slated to take effect in late 2018.
By Chandu Chilakapati | November 10, 2017
Read More
New Hedging Rules Will Cut Reporting Costs: FASB
Risk Management

New Hedging Rules Will Cut Reporting Costs: FASB

The new accounting standards update drops a requirement that companies must measure and report “hedge ineffectiveness.”
By David Katz | August 29, 2017
Read More
New Lease Accounting Rules Pose Challenges, Study Says
Lease Accounting

New Lease Accounting Rules Pose Challenges, Study Says

The standards take effect in a mere six quarters for public companies, but many have not yet begun, or only recently began, to assess what must be done.
By William Sprouse | June 28, 2017
Read More
FASB Holds Christmas in June for Derivatives Users
Risk Management

FASB Holds Christmas in June for Derivatives Users

The Financial Accounting Standards Board’s ruling on hedge accounting has something for every company that uses derivatives, an EY executive says.
By David Katz | June 15, 2017
Read More
In Accounting Swan Song, SEC’s White Urges Convergence
Revenue Recognition

In Accounting Swan Song, SEC’s White Urges Convergence

Outgoing SEC Commissioner Mary Jo White encourages FASB and IASB to continue collaboration.
By David Katz | January 6, 2017
Read More
New Private-Company Stock-Based-Pay Rules: Analysis
Risk & Compliance

New Private-Company Stock-Based-Pay Rules: Analysis

Private firms using the current method for valuing stock-based compensation should consider using a newly allowed method instead.
By Rick Schwartz and Amy Thomas | December 30, 2016
Read More
Start Preparing Now for New Lease Accounting Rules
Strategy

Start Preparing Now for New Lease Accounting Rules

They don't take effect until 2019, but few leases will be grandfathered, so there will be an immediate bottom-line impact.
By Sean Moynihan | December 29, 2016
Read More
Next