Freshbooks Accounting Software Invoicing Online

Category Archives: FASB

Feed Subscription

Auto Added by WPeMatico

FASB OKs goodwill alternative for private cos., nonprofits

The Financial Accounting Standards Board approved a tweak to the goodwill rules for private businesses and not-for-profits, giving them more flexibility on when to do impairment assessments of triggering events.

Read More »

FASB simplifies revenue rules for franchises

The Financial Accounting Standards Board released an accounting standards update Thursday, giving franchisors a practical expedient way to determine their performance obligations under a franchise agreement.

Read More »

FASB deals with uncertainties from pandemic and election

Having started his transition at the beginning of the pandemic, Board Chair Richard Jones now faces the uncertainty of the presidential election and what Congress might do with accounting standards.

Read More »
Scroll To Top