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The United States Financial Accounting Standards Board has unanimously approved rules for accounting for the fair value of companies’ cryptocurrency holdings, according to media reports. The rules ...

The Financial Accounting Standards Board (FASB) released an Accounting Standards Update (ASU) on Wednesday, aimed at enhancing the accounting and disclosure practices for certain crypto assets. This ...

Forbes contributors publish independent expert analyses and insights. Bitcoin journalist and financial analyst based in London. The Financial Accounting Standards Board recently introduced a ...

FASB has amended its guidance on accounting for internal-use software costs. The amendments in the Accounting Standards Update (ASU) will apply to all entities subject to Subtopic 350-40, Intangibles ...

The Financial Accounting Standards Board will evaluate two weighty issues in 2025 on how companies report their performance metrics and research and development spending as it looks to refill its ...

FASB is seeking feedback on a proposed Accounting Standards Update (ASU) that addresses 34 issues in its codification. The “targeted improvements” to the FASB Accounting Standards Codification are a ...

The Governmental Accounting Standards Board is getting ready to roll out new rules and proposals for state and local governments, including improvements to the financial reporting model, ...

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Oil and gas companies are using a gap in US financial reporting rules to omit from their balance sheets hefty obligations to ...