“Modernizing software accounting guidance was a top priority identified by stakeholders during our last agenda consultation,” ...

The Financial Accounting Standards Board plans to propose that private companies and not-for-profit organizations get an extra year to implement the lease accounting standard while they deal with the ...

In recent years, lease accounting standard ASC 842 has replaced the ASC 840 standard. As per the Financial Accounting Standards Board updated accounting standards, ASC 842 requires that all leases, ...

Executives at large public companies are concerned about the Financial Accounting Standards Board’s plan requiring them to further break down labor and other operating expenses that appear on their ...