by Accounting Today | Jun 2, 2022 | Articles, Lease Accounting
Summary provided by MaterialAccounting: This article provides information about The FASB’s plans for future accounting standards. — The Financial Accounting Standards Board is making plans for its future projects, including digital assets, intangibles,...
by Accounting Today | May 9, 2022 | Articles, FASAB, Government Accounting
Summary provided by MaterialAccounting.com: This article discusses the recent updates from The FASAB. The update provides technical clarification and amendments on lease accounting. — The Federal Accounting Standards Advisory Board is looking for feedback on an...
by Accounting Today | May 9, 2022 | Articles, GASB, Government Accounting
Summary provided by MaterialAccounting.com: This article highlights The GASB’s updated guidance for different accounting issues. The Governmental Accounting Standards Board issued guidance Monday to address different accounting and financial reporting...
by Accounting Today | Apr 14, 2022 | Articles, ASC 842, GASB 87, Lease Accounting
Summary provided by MaterialAccounting.com: Private companies need to make a plan for long-term compliance with the new lease accounting standards. Many companies would rather just forget the past couple of years — the list of challenges they’ve faced is long, and...
by Accounting Today | Apr 1, 2022 | Articles, Goodwill Accounting, Impairment, Intangible Assets
Summary provided by MaterialAccounting: This article discusses the increase in goodwill impairments during the COVID-19 pandemic. The total value of goodwill impairments recorded by U.S. public companies more than doubled in 2020 during the first year of the...
