Third Quarter — 2026
Welcome to Quarterly Accounting Roundup: Third Quarter — 2026. Key accounting,
financial reporting, and regulatory developments in the third quarter of 2026 include:
-
The FASB’s issuance of (1) an Accounting Standards Update (ASU) that amends the fair value measurement guidance for investment companies with equity securities subject to contractual sale restrictions and (2) proposed ASUs that would (a) make improvements to the Codification, (b) enhance disclosures about cash equivalents and clarify the evaluation of certain digital assets, and (c) improve the guidance related to accounting for mortgage servicing rights (MSRs).
-
The AICPA’s release of an update to its digital practice aid.
-
The PCAOB’s release of amendments and Q&As related to its quality control standard.
-
The SEC’s issuance of a proposed rule creating a regulatory framework for “certain investment contracts involving crypto assets.”
-
The SEC’s announcement of its expansion of its March 2025 draft registration statement accommodations to certain issuers of asset-backed securities.