Home

This publication briefly summarizes key issues and developments related to navigating the often-complex consolidation accounting models.

The FASB has released its fifth annual investor outreach report for the fiscal year that ended on June 30, 2025. The report is part of the FASB’s investor outreach program, which is aimed at helping the FASB understand how the information in financial statements is used by investors and how it could be improved.

This Roadmap breaks down the requirements in ASC 810 and reconstructs them in a logical narrative, making them easier to understand and apply. While the discussion focuses primarily on the complexities of identifying whether a legal entity is a variable interest entity (VIE) under ASC 810-10 and whether a reporting entity should consolidate the VIE, it also addresses the voting interest entity mod

This Heads Up discusses FASB Accounting Standards Update No. 2025-05, Measurement of Credit Losses for Accounts Receivable and Contract Assets, which amends ASC 326-20 to provide a practical expedient and an accounting policy election.