The Governmental Accounting Standards Board is proposing to overhaul the structure for providing guidance on U.S. GAAP for ...

IN BRIEF FASB's recent guidance on accounting joint ventures, ASU 2023-5, is intended to resolve diversity in practice and ...

Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40). Public business entities must implement ...

Reports another quarter of strong EPS growth Continued net interest margin expansion Strong expense control ST. LOUIS, April 23, 2026 (GLOBE ...

Stakeholders are asked to review the Discussion Memorandum and provide their opinion to the GASB by 31 August 2026.

On March 31, 2026, the Department of Labor (“DOL”) published a proposed regulation on investment selection under ERISA (“Selection of ...

The private credit market, which has grown rapidly in recent years, has increasingly come under the spotlight. Rarely a day ...

Accounting standard-setter will propose that significant dollar amounts of stablecoins and other specific cash equivalents be ...

The crypto industry has called for more clarity on stablecoin, but some critics say treating the assets as cash incorrectly ...

Based on stakeholder input, requested by the end of August, GASB may consider simplifying the structure it uses to ...

The insurance industry has long sought the change for hedge accounting related to life insurance policies and other ...

Eli Lilly (LLY) CEO Dave Ricks said his company is not in favor of having certain aspects of the pricing deals drugmakers struck with the Trump administration codified into law by Congress. “When you ...