Roll Out Affordable Housing Accounting Rule Conditionally to All Tax Credit Investments, Task Force Says
The FASB should extend the accounting rule used for low-income housing tax credit (LIHTC) investments to all federal and state …
The FASB should extend the accounting rule used for low-income housing tax credit (LIHTC) investments to all federal and state …
FASB Chair Richard Jones told Thomson Reuters in a March 2022 interview that the Federal Reserve’s proposed U.S. central bank digital currency …
The FASB on February 16, 2022, voted to reframe its project to revise the income statement, sticking with the objective …
U.S. accounting rulemakers plan to issue a flexible hedge accounting rule called the portfolio-layer-method mid-April, according to a source. The …
The FASB on February 2, 2022, affirmed its recent proposals to enhance the usefulness of vintage disclosures and to eliminate …
A GASB update to accounting rules that address the dissolution of the London Interbank Offered Rate (LIBOR) will be published …
Private companies, the largest business demographic in the U.S., have to adopt the FASB’s new lease accounting standard starting this …
Buyers that use supplier finance programs to pay for goods or services will need to cough up new details about …
Temporary accounting relief guidance set to end next year to facilitate the removal of LIBOR will be extended two more …
The FASB on December 8, 2021, wrapped up the bulk of its discussions about what companies would be required to …