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US FASB To Introduce Fair Value Accounting for Cryptocurrencies

US FASB To Introduce Fair Value Accounting for Cryptocurrencies
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FASB updates leasing standard for entities under common control

The board issued an ASU to ease the guidance for applying the leasing standard to arrangements between entities under common control.

United statesJim kroekerKirk rogersAngela newellFinancial accounting standards boardAccounting standardsFinancial reporting

FASB celebrates 50th anniversary

The board is marking a half century of service and received a special proclamation from the mayor of Norwalk, Connecticut, where it is based.

United statesJim kroekerChristine botosanRichard jonesJarret liottaHarry rillingJohn auchinclossMarsha huntRich jonesBrian griffinLucia rillingExchange commissionGreater norwalk chamberAmerican thread company in stamfordFinancial accounting foundationCompany council

FASB decides to tweak leases standard to add common control arrangements

The board voted to provide a practical expedient for when companies have related-party arrangements between entities under their common control.

Jim kroekerAngela newellExchange commissionFinancial accounting standards boardAccounting standardsFinancial reportingBdo usa

Financial Accounting Standards Board votes to release draft cryptocurrency in March

Financial Accounting Standards Board votes to release draft cryptocurrency in March
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Jim kroekerGary buesserSusan cosperFinancial accounting standards boardValue measurement

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