Stay Current With FASB Developments That Matter to You
From new Accounting Standards Updates (ASUs) to shifts in exposure draft strategies, FASB’s recent activity could have a direct impact on your financial reporting. This quarterly update—current through June 30, 2025—covers key standard-setting developments during the quarter, including:
- Clarifications on accounting acquirer guidance for variable interest entities
- Updates to share-based consideration payable to customers
- A strategic pivot on retainage contract presentation
- A new proposal addressing debt exchange transactions involving multiple creditors
We’ve also summarized effective dates by entity type to help you quickly identify what’s relevant to your organization.
Download the full article to help you stay informed and prepared for what’s ahead in financial reporting.
If you have any questions or need assistance, please reach out to a professional at Forvis Mazars.