Press Room: Accounting Standards Update

April 13, 2016

Simplification of Accounting for Share-Based Compensation

On March 30, 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2016-09, Improvements to Employee Share-Based Payment Accounting. The purpose of this ASU is to simplify certain aspects related to ASC 718, ...

February 10, 2020

New FASB ASU Issued to Simplify Accounting for Income Taxes

On December 18, 2019, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes, in an effort to simplify the accounting of income taxes. ...