Thomson Reuters Tax & Accounting News | FASB

By Bill Flook FASB Chairman Russell Golden on January 15, 2020, sparred with lawmakers on a House Financial Services subcommittee …

By Denise Lugo The insurance sector wants the FASB to grant special flexible accommodations to large reinsurers so they can …

By Denise Lugo The FASB will decide during the first quarter of next year what new guidelines companies should follow …

By Denise Lugo The Financial Accounting Foundation (FAF) on December 19, 2019, said Richard Jones, chief accountant and partner at …

By Denise Lugo FASB Chairman Russell Golden said the board plans to wrap up work on most major standard-setting projects …

By Denise Lugo The FASB on November 26, 2019, issued narrowly drawn amendments to clarify five issues accountants flagged under …

By Denise Lugo As expected, the FASB on November 15, 2019, issued two new accounting standards with a set of …

By Denise Lugo The FASB issued a new accounting standard on November 11, 2019, to provide companies with a simpler, …

By Denise Lugo Recent efforts by U.S. legislators to push the FASB to stop and further study the economic impacts …