News & Media

FASB Proposes Clarifications to the Issuer’s Accounting for Certain Modifications of Freestanding Equity-Classified Forwards and Options

Norwalk, CT, October 26, 2020—The Financial Accounting Standards Board (FASB) today issued a proposed Accounting Standards Update (ASU) that would clarify an issuer’s accounting for certain modifications or exchanges of freestanding...

Media Advisory | Exposure Document
 

FASB Proposes Three Targeted Improvements to the Leases Standard

Norwalk, CT, October 20, 2020—The Financial Accounting Standards Board (FASB) today issued a proposed Accounting Standards Update (ASU) intended to improve three areas of the leases guidance. Stakeholders are encouraged to review and provide comments on the proposed changes by December 4, 2020....

Media Advisory | Exposure Document
 

Financial Accounting Standards Advisory Council Meeting Recap

Norwalk, CT, October 5, 2020—On Thursday, September 24, 2020, the Financial Accounting Standards Advisory Council (FASAC) discussed the following topics:

Meeting Recap

Private Company Council Meeting Recap

Norwalk, CT, September 29, 2020—On Tuesday, September 22, 2020, the Private Company Council (PCC) discussed and provided input on the following topics:

Meeting Recap

FASB Issues Proposal to Simplify How Private Company Franchisors Evaluate Certain Performance Obligations

Norwalk, CT, September 21, 2020—The Financial Accounting Standards Board (FASB) today issued a proposed Accounting Standards Update (ASU) that would provide a practical expedient that simplifies how franchisors would analyze certain activities when...

Media Advisory | Exposure Document
 

FASB Approves Accounting Updates to Presentation and Disclosures by Not-for-Profit Entities for Contributed Nonfinancial Assets

Norwalk, CT, September 17, 2020—The Financial Accounting Standards Board (FASB) today issued an Accounting Standards Update (ASU) intended to improve transparency in the reporting of contributed...

Media Advisory | ASU 2020-07 | FASB In Focus

 
  • October 26, 2020 FASB Proposes Clarifications to the Issuer’s Accounting for Certain Modifications of Freestanding Equity-Classified Forwards and Options
  • October 20, 2020 FASB Proposes Three Targeted Improvements to the Leases Standard
  • October 5, 2020 Financial Accounting Standards Advisory Council Meeting Recap
  • September 29, 2020 Private Company Council Meeting Recap
  • September 21, 2020 FASB Issues Proposal to Simplify How Private Company Franchisors Evaluate Certain Performance Obligations
  • September 17, 2020 FASB Approves Accounting Updates to Presentation and Disclosures by Not-for-Profit Entities for Contributed Nonfinancial Assets

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Christine L. Klimek

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Jordan C. (Kip) Betz

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Dana Freeman

Senior Manager, Communications
(203) 956-5279 | dfreeman@f-a-f.org

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