US accounting standard maker will also consider how companies should recognise and report transfers of crypto assets.

IASB has shared plans that could involve addressing crypto and digital assets as part of its broader efforts to update ...

Learn how Repo 105 allowed Lehman Brothers to hide debt during the financial crisis, what this accounting tactic involved, and how it prompted regulatory changes.

The Financial Accounting Standards Board is marking a half century of service and received a special proclamation from the mayor of Norwalk, Connecticut, where FASB is based. Last Wednesday, Norwalk ...

The first U.S. accounting rule specifically for cryptocurrency will say that companies must use a fair-value approach that would demand certain digital assets be measured at what they would trade for ...

Richard Jones, the new chairman of the Financial Accounting Standards Board, said Tuesday he is making post-implementation reviews of standards one of his top priorities, as well as taking a closer ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

NORWALK, Conn.--(BUSINESS WIRE)--When the Financial Accounting Standards Board (FASB) issues a final standard, it means the FASB has concluded that the benefits derived from the standard justify the ...

SEC Chairman Christopher Cox, speaking this week at an AICPA conference, said investors have told the SEC that fair value measurement has increased transparency in financial reporting. But Cox ...

Robert Herz has retired as chairman of the Financial Accounting Standards Board after eight years of leading the Norwalk-based panel that sets U.S. accounting standards. Leslie Seidman, a FASB member, ...

The Financial Accounting Standards Board (FASB) is excluding non-fungible tokens (NFT) and certain stablecoins from its cryptocurrency accounting review, the Wall Street Journal reported. On Wednesday ...

NEW YORK (Reuters) - The chairman of the Financial Accounting Standards Board, which sets U.S. accounting rules, said on Tuesday he is retiring after more than eight years at the helm. The accounting ...