In our Q4 2025 Quarterly Financial Reporting Update, we summarize notable FASB standard‑setting activity, selected SEC updates, and effective dates for newly issued Accounting Standards Updates (ASUs).
FASB
- Five new ASUs issued this quarter
- Progress on active projects and exposure drafts that may shape future reporting requirements
SEC
- Select highlights from the AICPA & CIMA Conference on Current SEC and PCAOB Developments
- Recent SEC guidance related to shareholder proposal processes and considerations following the October 2025 federal government shutdown
Effective Dates
- Summaries of ASU effective dates for both public business entities (PBEs) and all other entities
How Forvis Mazars Can Help
Staying current with regulatory changes is essential for accurate financial reporting and compliance, as early planning and implementation will help your organization prepare for what’s next.
Read the full article for detailed analysis and implications.