FASB financial accounting & reporting

Accounting for share-based payments to nonemployees in exchange for goods and services would become similar to the accounting for share-based payments to employees under a proposal FASB issued.

Working drafts exposed by the AICPA Financial Reporting Executive Committee address five new revenue recognition issues.

The FASB issued a new standard that is designed to make employee benefit plan master trust disclosures more useful to users of financial statements.

FASB issued a standard clarifying the scope of its asset derecognition guidance and adding accounting guidance for partial sales of nonfinancial assets.

Working drafts on revenue recognition issues for the insurance and software industries were published by the AICPA, which is seeking comments from interested parties.

Step 2 was eliminated from the goodwill impairment test as the FASB sought to simplify accounting in a new standard issued Thursday.

Deloitte offers five strategies to help find efficiencies and avoid unnecessary disturbances.

A new federal government accounting standard is designed to provide concise and meaningful information about insurance costs and liabilities.