In the world of finance, few organizations hold the weight and authority of the Financial Accounting Standards Board (FASB). This board's decisions set the tone for financial practices across ...

Today, the Financial Accounting Standards Board (FASB) announced new rules that will require companies to account for cryptocurrencies like Bitcoin at fair value. The rules are set to go into effect ...

FASB proposed three targeted changes to its lease accounting guidance. The proposal is a response to feedback the board received during its post-implementation process for the lease accounting ...

“The change should help MicroStrategy and other companies that hold digital assets to eliminate the poor optics that have been created by impairment losses,” Berenberg Capital analysts say. The United ...

The Financial Accounting Standards Board (FASB) has published a “fair value” standard for digital assets that seeks to improve the experiences of businesses that hold these assets on their balance ...

The Financial Accounting Standards Board has posted the 2025 GAAP Financial Reporting Taxonomy (GRT), the 2025 SEC Reporting Taxonomy (SRT), and the 2025 GAAP Employee Benefit Plan Taxonomy (EBPT).

MicroStrategy (MSTR), Tesla (TSLA), Block (SQ), Coinbase Global (COIN) and other U.S. public and private companies that hold bitcoin (BTC-USD) or ethereum (ETH-USD) will be required to measure their ...

Due to new standards issued by the Financial Accounting Standards Board (FASB) in late 2022, companies with supply chain financing are now required to comply with additional disclosures intended to ...

The Financial Accounting Standards Board has issued new rules for nonprofit companies with an aim of making financial reports easier to complete and understand, according to The Wall Street Journal.

The Financial Accounting Standards Board issued a proposed accounting standards update to request public comments on possible changes to two of its standards. The proposed ASU, released Tuesday, aims ...

NORWALK, Conn., Sept. 30 -- U.S. accounting rulemakers pledged today to push ahead with new requirements for companies that use the kind of financial partnerships that helped bring down Enron Corp. in ...

The FASB voted to delay the effective date of its revenue recognition standard for nonpublic entities that have not yet issued their financial statements. Challenges related to the coronavirus ...