WebMar 29, 2024 · On March 28, 2024, the FASB issued ASU 2024-01,1 which clarifies the guidance in ASC 8152 on fair value hedge accounting of interest rate risk for portfolios of financial assets. The ASU amends the guidance in ASU 2024-12 3 (released on August 28, 2024) that, among other things, established the “last-of-layer” method for making the fair … WebThe Board tentatively decided to amend the definition of a subscription-based information technology arrangement by replacing “IT software, alone or in …
FASB Staff Issues Proposed Changes for 2024 US GAAP …
WebJun 24, 2024 · The ITC also requests that stakeholders provide comment on the prioritization of projects on FASB’s current technical agenda. “Stakeholder input will … WebFASB Report: ACCT 310 "The mission of the Financial Accounting Standards Board is to establish and improve standards of financial accounting reporting for the guidance and education of the public, including issuers, auditors, and users of financial information." Project Objective Describe the history, current status, and adoption implications of a … tofu package size
Active Projects – fasab.gov
WebAn Exclusive CPA Journal Panel Discussion. By Vincent J. Love, CPA/CFF, CFE, Ramona Cedeno, CPA/CGMA, Jane Soong and Baruch Lev. February 2024. In Brief In the past few years, three major accounting standards—revenue recognition, leases, and financial instruments—have been the subject of discussion and preparation for CPAs…. WebAugust 26-27, 2009 Board Meeting. A roundtable on reporting by federal entities that primarily apply standards issued by the Financial Accounting Standards Board was held on Wednesday, September 9, 2009. Staff will summarize the roundtable discussions and present those results to board members, along with an updated project plan and ... WebThe following is a list of active Board projects that are in varying stages of completion. These projects will remain active until the Board either (1) issues a final document that closes the project or (2) decides to close the project in favor of committing resources towards more pressing issues. Each project page contains an objective and a ... people making cool slimes