This article provides updates on accounting, standard setting, and reporting developments for the second quarter. Topics include FASB…

Since GASB issued Statement 87, Leases, in June 2017, there have been several updates and one effective date delay. This article provides…

This paper provides an overview of proposed and final standards issued by FASB from April to June 2022, along with recent updates on…

The SEC has proposed new rules and disclosures to give investors consistent, comparable, and reliable information on funds’ and advisers’…

A new ASU creates a practical expedient for private companies calculating the fair value of the equity shares underlying a share-option…

This paper reviews key aspects of the guidance in Accounting Standards Update 2016-02, Leases (Topic 842).