"FASB says costs of leases standard were higher than anticipated " was originally created and published by The Accountant, a ...

The Financial Accounting Standards Board released an accounting standards update Thursday to clarify and improve the scope and accounting guidance for contributions of cash and other assets received ...

Larry Smith, who served as a member of the Financial Accounting Standards Board from 2007 until 2017, is watching some of the standards he worked on for a decade now being rolled out, but he believes ...

Members of Congress have recently introduced bipartisan legislation to delay the implementation of a new accounting standard that will require many banks to more carefully calculate, and report in ...

The Financial Accounting Standards Board, FASB, is a private, independent organization that since 1973 has been given the authority by the U.S. Securities and Exchange Commission, or SEC, to establish ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

The Financial Accounting Standards Board is a non-governmental, accounting-oversight organization that maintains accepted accounting rules that businesses in the U.S. follow. If businesses do not ...

The Financial Accounting Standards Board is seeking public comment on a proposal that would require banks to report the fair value of loans on their books and accelerate recognition of credit losses.

The U.S. accounting rule-setter is taking another step toward modernizing corporate crypto reporting, this time targeting one ...

The Financial Accounting Standards Board has given U.S. private companies and nonprofits another year to start treating their operating leases as liabilities on their balance sheets. Now they have to ...

Accounting standards for U.S. financial institutions were eased on Thursday when the U.S. Financial Accounting Standards Board recommended allowing firms to use "significant' judgment when valuing ...