Accounting & reporting news and resources

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June 3, 2026

SEC shares 3 goals in proposed 2026–2030 strategic plan

The commission is accepting comments on the draft through July 2.

May 29, 2026

SEC proposes recission of climate disclosure rules

The proposal is the next formal step in the commission’s move away from historic rules it adopted in 2024.

May 22, 2026

GASB seeks new board member

The candidate selected for the part-time position will begin a five-year term in 2027.

May 22, 2026

FASAB seeks feedback on proposed practical expedient for embedded leases

Comments are requested by July 30 on a proposal that would allow reporting entities to apply a practical expedient to contracts or agreements that meet certain eligibility conditions.

May 19, 2026

FASB issues standard for clarifying environmental credit disclosures

FASB’s chair said that the Accounting Standards Update features guidance “that previously did not exist” related to environmental credits and environmental credit obligations.

May 6, 2026

SEC proposes semiannual reporting option for public companies

The long-standing requirement that public companies file a quarterly report with the SEC could give way to the option of reporting either on a quarterly or semiannual basis.

May 5, 2026

AICPA urges use of its stablecoin criteria in GENIUS Act rulemaking

A comment letter to the office responsible for establishing final rules for the Guiding and Establishing National Innovation for U.S. Stablecoins Act makes the case for leveraging the AICPA’s established framework.

May 4, 2026

What finance must do to succeed in uncertainty

Control is no longer finance’s primary task. A World Bank vice president explains how strategic clarity, risk frameworks, flexible budgeting, and effective storytelling are redefining finance’s role in volatile times.

April 27, 2026

FASB publishes guidance on paid-in-kind dividends

FASB published an Accounting Standards Update that provides authoritative guidance on how an issuer should initially measure paid-in-kind dividends on equity-classified preferred stock.

April 24, 2026

Fair value considerations for private credit providers and their investors

Learn about factors that private credit providers and investors should consider when estimating fair value.

April 23, 2026

US, South Africa renew mobility agreement

Professional accounting bodies in the United States and South Africa signed a renewed mutual recognition agreement to support cross-border practice between the countries.

April 16, 2026

GASB seeks feedback on idea of changing how it communicates GAAP

Based on stakeholder input, requested by the end of August, GASB may consider simplifying the structure it uses to communicate GAAP for state and local governments.

April 9, 2026

GASB proposes guidance on infrastructure assets

GASB issued guidance Wednesday that seeks to improve the financial reporting requirements for infrastructure assets, enhancing the consistency in their application and better meeting the information needs of financial statement users.

April 8, 2026

FASAB announces new chair, new board structure

Terry K. Patton, CPA, takes over the leadership position on the Federal Accounting Standards Advisory Board; FASAB appoints two new board members while reducing board membership from nine to seven.

April 1, 2026

SEC accepting Professional Accounting Fellow applications

The SEC’s Office of the Chief Accountant is accepting applications for positions that will begin this summer. The application deadline is April 22.

March 31, 2026

PCAOB seeks comment on strategic priorities

The PCAOB requested input on its strategic priorities, seeking the answers to seven questions in particular as it develops a new strategic plan.

March 16, 2026

Private Company Council issues annual report

The report highlights the activities of the group charged with working with FASB to improve the process of setting accounting standards for private companies.

March 16, 2026

What to know about AI guardrails, leasehold improvements, and the latest ASB developments

The March A&A Focus webcast featured discussions on balancing innovation and risk in AI adoption, determining the accounting owner of leasehold improvements under FASB ASC 842, and updates and proposed attestation changes from the Auditing Standards Board.

March 10, 2026

US, Canada, Mexico extend CPA mobility agreement through 2028

The AICPA and the National Association of State Boards of Accountancy are among the group of entities reaffirming a smooth path for accounting professionals to practice across North American borders.

March 4, 2026

California board approves regulation for state’s climate reporting laws

Companies with more than $1 billion in revenue are required to post their first annual reports by Aug. 10, while a law affecting companies with at least $500 million in revenue remains paused by a legal challenge.

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