The FASB proposes an Accounting Standards Update (ASU) intended to improve three areas of the leases standard. Stakeholders are encouraged to review and provide comments…
The FASB issues an Accounting Standards Update (ASU) that offers limited effective date delays on revenue recognition and leases standards. It grants a one-year effective…
The International Accounting Standards Board (IASB) has issued the Exposure Draft, Covid-19-Related Rent Concessions. The comment deadline is May 8, 2020. The Exposure Draft proposes…
The Governmental Accounting Standards Board (GASB) has issued the Exposure Draft, Postponement of the Effective Dates of Certain Authoritative Guidance. This exposure draft proposes postponement…
The International Accounting Standards Board (IASB) held a supplementary meeting on April 17, 2020, to discuss COVID-19 related matters. At that meeting, the IASB decided…
The FASB issues a proposed Accounting Standards Update (ASU) that grants a one-year effective date delay for certain stakeholders applying the leases and revenue recognition…
The FASB issues Staff Q&A document addressing stakeholder questions on the application of the lease accounting guidance for lease concessions. The Staff Q&A is related to the…
The FASB held a public meeting to approve measures intended to provide stakeholders with accounting relief and clarity during the COVID-19 crisis. When the FASB held a…