As companies progress in implementing ASC 842, Leases, FASB has issued an exposure draft as it continues to consider additional relief for unexpected operational challenges.

Due to the effects of COVID-19, FASB is allowing an additional year to implement ASU 2018-12.

FASB has released an educational paper that reviews a debtor’s application of guidance on debt restructurings and modifications along with several common examples.

FASB has issued a proposal that would fill a current hole in accounting guidance related to warrant modifications that has resulted in diversity in practice.

This BKD webinar provides GAAP and ASU updates, PPP accounting guidance, and insight on FASB projects currently in process that could affect nonprofits.

This article provides an overview of proposed and final standards issued by FASB through September 2020.

As LIBOR’s sunset approaches, derivative central counterparties will be changing the interest rate used for margining, discounting, and contract price alignment for derivative instruments.

FASB has issued a proposal to provide some relief from the new revenue rules in ASC 606 for nonpublic franchisors.

FASB recently finalized targeted changes to the guidance on convertible instruments and the derivative scope exception for contracts in an entity’s own equity. This article provides details on new disclosures.

FASB plans to issue a proposal in early September to provide some relief from the new revenue rules in Accounting Standards Codification 606 for nonpublic franchisors.