News & Media
FASB Issues Standard to Improve a Lessor’s Accounting for Certain Leases with Variable Lease PaymentsNorwalk, CT, July 19, 2021—The Financial Accounting Standards Board (FASB) today issued an Accounting Standards Update (ASU) intended to improve an area of the leases guidance related to a lessor’s accounting for certain leases with variable lease payments....
Media Advisory | ASU 2021-05
Financial Accounting Standards Advisory CouncilNorwalk, CT, July 12, 2021—The Financial Accounting Standards Advisory Council (FASAC) held its quarterly meeting on Thursday, June 24, 2021. The FASB chair provided highlights on FASB activities that were not otherwise on the agenda for the Council meeting, and SEC and PCAOB staff members commented on current issues and activities. Council members discussed the following topics:
Private Company Council Meeting Recap
Norwalk, CT, July 2, 2021—The Private Company Council (PCC) met on Monday, June 21 and Tuesday, June 22, 2021. Below is a brief summary of topics addressed by the PCC at the meeting:Meeting Recap
FASB Appoints Two New Members to Emerging Issues Task ForceNorwalk, CT, June 28, 2021—Financial Accounting Standards Board (FASB) Chair Richard R. Jones today announced the appointment of two new members to the Emerging Issues Task Force (EITF)....
FASB Stakeholders Invited to Share Their Views on Future Agenda PrioritiesNorwalk, CT, June 24, 2021—The Financial Accounting Standards Board (FASB) today published an Invitation to Comment (ITC) that gives stakeholders the opportunity to provide feedback on its future standard-setting agenda. Stakeholders are asked to review and provide comment on the ITC by September 22, 2021....
News Release | Invitation to Comment | FASB In Focus | Video
FASB Proposes Improvements to Discount Rate Guidance for Lessees That Are Not Public Business EntitiesNorwalk, CT, June 16, 2021—The Financial Accounting Standards Board (FASB) today issued a proposed Accounting Standards Update (ASU) that would improve discount rate guidance for lessees that are not public business entities—including private companies, not-for-profit organizations, and employee benefit plans....
Media Advisory | Exposure Document
- July 19, 2021 FASB Issues Standard to Improve a Lessor’s Accounting for Certain Leases with Variable Lease Payments
- July 12, 2021 Financial Accounting Standards Advisory Council
- July 2, 2021 Private Company Council Meeting Recap
- June 28, 2021 FASB Appoints Two New Members to Emerging Issues Task Force
- June 24, 2021 FASB Stakeholders Invited to Share Their Views on Future Agenda Priorities
- June 16, 2021 FASB Proposes Improvements to Discount Rate Guidance for Lessees That Are Not Public Business Entities
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