FASB ASC 326, current expected credit losses (CECL), is an accounting standard for businesses with trade receivables that required adoption by private entities in 2023. With CECL, if historical ...
Beginning with the annual reports rolling out this year, companies are required to adopt a new accounting standard meant to ...
What are some of the most important recent changes in U.S. GAAP Accounting Standards? Why is it important for public and ...
The Financial Accounting Standards Board (FASB) has issued an update to improve credit loss measurement for accounts receivable and contract assets. The new accounting standards update (ASU) provides ...
The final A&A Focus webcast of 2025 brought together timely technical updates, practical guidance for year-end reporting, and clear explanations of several new and forthcoming accounting standards.